Vote for your favourite Buffettism

Rule No.1: Never lose money. Rule No.2: Never forget rule No.1.

I never attempt to make money on the stock market. I buy on the assumption that they could close the market the next day and not reopen it for five years.

I'll tell you why I like the cigarette business. It costs a penny to make. Sell it for a dollar. It's addictive. And there's fantastic brand loyalty.