Nominate Your Favorite Warren Buffett Bite

Paul Sakuma

Billionaire investor Warren Buffett helps Democratic presidential candidate, Sen. Hillary Rodham Clinton, D-N.Y., raise campaign funds in San Francisco, Calif., Tuesday, Dec. 11, 2007. Bufffett, who has said he would be happy with either Clinton or Sen. Barack Obama, D-Ill., as the next president, already helped Clinton raise at least $1 million during a June event in New York. (AP Photo/Paul Sakuma)

Warren Buffett is known for the pithy, memorable, often funny, quotes that concisely capture the core of his wisdom on investing and life.

Let's call them Buffett Bites. We've cited a few of them here on Warren Buffett Watch.

Some examples:

• "Be fearful when others are greedy and be greedy only when others are fearful"
  
• "It's only when the tide goes out that you learn who's been swimming naked"
  
• "What's nice about investing is you don't have to swing at pitches"

(The post Warren Buffett Watch's 8 Predictions for '08 - And Beyond takes some of Buffett's better-known quotes and turns them into some not-so-bold predictions about the future.)

Buffett may even create some new Buffett Bites when he spends several hours answering shareholder questions at next weekend's big Berkshire Hathaway annual meeting in Omaha.

As we gear up for lots of WBW coverage from Omaha, including real-time live blogging from Buffett's multi-hour question-and-answer session with shareholders next Saturday, May 3, we're asking you to help crown the "best" Warren Buffett Bite of all time.

In a day or two, you'll be able to choose from the 'official' list of Best Buffett Bite nominees. To help me compile those nominees, I'm looking for your suggestions.

Please send a brief email to [e-mail] with your favorite Buffett quote and why you like it.

And check back with Warren Buffett Watchall week and weekend as we prepare for Buffettstock in Omaha.

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See Warren Buffett Watch on CNBC's The Call, most weekday mornings at 11:50a ET

Questions? Comments? Email me at [e-mail]