Sir Warren Buffet Mantras for Value Investing

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

v Only buy something that you'd be perfectly happy to hold if the market shut down for 10 years

v It's far better to buy a wonderful company at a fair price than a fair company at a wonderful price.

v Beware of geeks bearing formulas

v Value is what you get.

v Look at market fluctuations as your friend rather than your enemy; profit from folly rather than participate in it.

v Someone's sitting in the shade today because someone planted a tree a long time ago.

v It takes 20 years to build a reputation and five minutes to ruin it. If you think about that, you'll do things differently.

v Invest in quality businesses, not in stock symbols