Price is what you pay. Value is what you get.
WARREN BUFFETTIf you buy things you do not need, soon you will have to sell things you need.
More Warren Buffett Quotes
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Only buy something that you’d be perfectly happy to hold if the market shut down for 10 years.
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We don’t have to be smarter than the rest. We have to be more disciplined than the rest.
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Never test the depth of river with both the feet.
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I try to invest in businesses that are so wonderful that an idiot can run them. Because sooner or later, one will.
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Intensity is the price of excellence.
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Risk comes from not knowing what you’re doing.
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I always knew I was going to be rich. I don’t think I ever doubted it for a minute.
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People always ask me where they should go to work, and I always tell them to go to work for whom they admire the most.
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An investor should act as though he had a lifetime decision card with just twenty punches on it.
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Of the billionaires I have known, money just brings out the basic traits in them. If they were jerks before they had money, they are simply jerks with a billion dollars.
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Buy a stock the way you would buy a house. Understand and like it such that you’d be content to own it in the absence of any market.
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Diversification is protection against ignorance. It makes little sense if you know what you are doing.
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Tell me who your heroes are and I’ll tell you how you’ll turn out to be.
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Read 500 pages every day. That’s how knowledge works. It builds up like compound interest.
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An investor should act as though he had a lifetime decision card with just twenty punches on it.
WARREN BUFFETT