Other guys read Playboy. I read annual reports.
WARREN BUFFETTBeware of geeks bearing formulas.
More Warren Buffett Quotes
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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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Ignore the stock market, ignore the economy, and buy a business you understand.
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Honesty is a very expensive gift, Don’t expect it from cheap people.
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Opportunities come infrequently. When it rains gold, put out the bucket, not the thimble.
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The business schools reward difficult complex behavior more than simple behavior, but simple behavior is more effective.
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It’s only when the tide goes out that you discover who’s been swimming naked.
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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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Diversification is protection against ignorance. It makes little sense if you know what you are doing.
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The stock market is designed to transfer money from the active to the patient.
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Our favorite holding period is forever.
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Risk comes from not knowing what you’re doing.
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The most important investment you can make is in yourself.
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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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If you lose money for the firm, I will be forgiving. If you lose reputation, I will be ruthless.
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A public-opinion poll is no substitute for thought.
WARREN BUFFETT







