Never ask a barber if you need a haircut.
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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In the business world, the rearview mirror is always clearer than the windshield.
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The dumbest reason in the world to buy a stock is because it’s going up.
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It takes 20 years to build a reputation and five minuted to ruin it. If you think about that you’ll do things differently.
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Wall Street is the only place that people drive to in a Rolls Royce to take advice from people who ride the subway.
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Stocks are the only thing that people are happy to buy when the price goes up.
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The greatest investment a young person can make is in their own education, in their own mind. Because money comes and goes. Relationships come and go. But what you learn once stays with you forever.
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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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I will tell you the secret to getting rich on Wall Street. You try to be greedy when others are fearful. And you try to be fearful when others are greedy.
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Why not invest your assets in the companies you really like? As Mae West said, ‘Too much of a good thing can be wonderful.
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I will tell you how to become rich. Close the doors. Be fearful when others are greedy. Be greedy when others are fearful.
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Successful Investing takes time, discipline and patience.
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There’s class warfare, all right, but it’s my class, the rich class, that’s making war, and we’re winning.
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If you buy things you do not need, soon you will have to sell things you need.
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Writing a check separates a commitment from a conversation.
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Diversification may preserve wealth, but concentration builds wealth.
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If you lose money for the firm, I will be forgiving. If you lose reputation, I will be ruthless.
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There seems to be some perverse human characteristic that likes to make easy things difficult.
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Never be afraid to ask for too much when selling or offer too little when buying.
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Chains of habit are too light to be felt until they are too heavy to be broken.
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People will always try to stop you from doing the right thing if it is unconventional.
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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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It’s good to learn from your mistakes. It’s better to learn from other people’s mistakes.
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In the world of business, the people who are most successful are those who are doing what they love.
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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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Tell me who your heroes are and I’ll tell you how you’ll turn out to be.
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What the wise do in the beginning, fools do in the end.
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