The most important quality for an investor is temperament, not intellect.
WARREN BUFFETTYou can’t make a good deal with a bad person.
More Warren Buffett Quotes
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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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Failure comes from ego, greed, envy, fear, imitation. I have success not because I am smart, but because I am rational.
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Trust is like the air we breathe. When it’s present, nobody really notices; when it’s absent, everybody notices.
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There seems to be some perverse human characteristic that likes to make easy things difficult.
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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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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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Money is not everything. Make sure you earn a lot before speaking such nonsense.
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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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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 get paid for being busy, we get paid for being right.
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In the long run managements stressing accounting appearance over economic substance usually achieve little of either.
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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 better to hang out with people better than you. Pick out associates whose behavior is better than yours and you’ll drift in that direction.
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If you aren’t thinking about owning a stock for 10 years, don’t even think about owning it for 10 minutes.
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If you don’t find a way to make money while you sleep, you will work until you die.
WARREN BUFFETT