Only buy something that you’d be perfectly happy to hold if the market shut down for 10 years.
WARREN BUFFETTI will tell you how to become rich. Close the doors. Be fearful when others are greedy. Be greedy when others are fearful.
More Warren Buffett Quotes
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The key to success is emotional stability.
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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 looking for people to hire, you look for three qualities: integrity, intelligence, and energy.
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People will always try to stop you from doing the right thing if it is unconventional.
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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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Never ask a barber if you need a haircut.
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It’s only when the tide goes out that you discover who’s been swimming naked.
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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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Risk comes from not knowing what you’re doing.
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When you combine ignorance and leverage, you get some pretty interesting results.
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Beware of geeks bearing formulas.
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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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Read 500 pages every day. That’s how knowledge works. It builds up like compound interest.
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Games are won by players who focus on the playing field, not by those whose eyes are glued to the scoreboard.
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We don’t have to be smarter than the rest. We have to be more disciplined than the rest.
WARREN BUFFETT