Warren Buffett Value Investing Quotes & Sayings

Warren Buffett once wrote that value investing is like an inoculation
it either takes or it doesn't
and when you explain to somebody what it is and how it works and why it works and show them the returns, either they get it or they don't. — Seth Klarman

Growth and value investing are joined at the hip. — Warren Buffett

Many stock options in the corporate world have worked in exactly that fashion: they have gained in value simply because management retained earnings, not because it did well with the capital in its hands. — Warren Buffett

Warren Buffett has said many times that people either get value investing in five minutes or they won't get it in five years. So, there is something in the human brain, that for some of us, makes all the difference in the world right away and the patience it requires is part of the wiring process. — Mohnish Pabrai

We have long felt that the only value of stock forecasters is to make fortune-tellers look good. — Warren Buffett

You shouldn't own common stocks if a 50 per cent decrease in their value in a short period of time would cause you acute distress. — Warren Buffett

If you know how to value businesses, it's crazy to own 50 stocks or 40 stocks or 30 stocks, probably because there aren't that many wonderful businesses understandable to a single human being in all likelihood. To forego buying more of some super-wonderful business and instead put your money into #30 or #35 on your list of attractiveness just strikes Charlie and me as madness. — Warren Buffett

Loss of focus is what most worries Charlie and me when we contemplate investing in businesses that in general look outstanding. All too often, we've seen value stagnate in the presence of hubris or of boredom that caused the attention of managers to wander. — Warren Buffett

[W]e think the very term 'value investing' is redundant. What is 'investing' if it is not the act of seeking value at least sufficient to justify the amount paid? Consciously paying more for a stock than its calculated value
in the hope that it can soon be sold for a still-higher price
should be labeled speculation (which is neither illegal, immoral nor
in our view
financially fattening). — Warren Buffett

Calculate "owner earnings" to get a true reflection of value. — Warren Buffett