Ignore The Stock Market, Ignore The Economy,

Money To Some Extent Sometimes Let You Be In More Interesting Environments. But It Can't Change How Many People Love You Or How Healthy You Are.

The Best Way In My View Is To Just Buy A Low-cost Index Fund And Keep Buying It Regularly Over Time, Because You'll Be Buying Into A Wonderful Industry, Which In Effect Is All Of American Industry... People Ought To Sit Back And Relax And Keep Accumulating Over Time.

When Asked How He Became So Successful In Investing, Buffett Answered: 'we Read Hundreds And Hundreds Of Annual Reports Every Year.

I Read Annual Reports Of The Company I'm Looking At And I Read The Annual Reports Of The Competitors - That Is The Main Source Of Material.

I Have Pledged - To You, The Rating Agencies And Myself - To Always Run Berkshire With More Than Ample Cash. We Never Want To Count On The Kindness Of Strangers In Order To Meet Tomorrow's Obligations. When Forced To Choose, I Will Not Trade Even A Night's Sleep For The Chance Of Extra Profits.