Devoted to understanding the basics and fundamentals of investing

Since Warren Buffett is the most famous investor of them all, and individuals can learn tons from his insight, I thought it might be fun to take a look at some of the top quotes from the quotable Warren Buffett.

1. Be fearful when others are greedy and greedy when others are fearful.
2. It is not necessary to do extraordinary things to get extraordinary results.
3. Buy a business, don't rent stocks.
4. "Turn-arounds" seldom turn.
5. Growth and value investing are joined at the hip.
6. Remember that the stock market is manic-depressive.
7. Never invest in a business you cannot understand.
8. Focus on return on equity, not earnings per share.
9. The first rule is not to lose your money, the second rule is to not forget the first rule.
10. It's far better to buy a wonderful company at a fair price than a fair company at a wonderful price.

Warren Buffett has some very interesting quotes, some that are humorous and some that are very serious in nature. I think its important for the individual investor to remember #2 at all times, you do not have to do anything extraordinary to achieve great results. Too many people are scared out of stocks because they believe it will be too hard. Number five is something that many people overlook, thinking you must either prefer growth or value stocks, when in reality you need to look at both at once.

Listening to what people like Warren Buffett have to say can help you understand just how he got to where he is. When someone that has been so successful doing what you are trying to do now, you'd do well to listen.

To view the top 10 quotes of legendary fund manager Peter Lynch click here.