The business schools reward difficult complex behavior more than simple behavior, but simple behavior is more effective.
WARREN BUFFETTIf you don’t find a way to make money while you sleep, you will work until you die.
More Warren Buffett Quotes
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Diversification may preserve wealth, but concentration builds wealth.
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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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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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In the long run managements stressing accounting appearance over economic substance usually achieve little of either.
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Whatever you like to do, make it a hobby and whatever the world likes to do, make it a business.
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The secret to happiness is having low expectations.
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Diversification is protection against ignorance. It makes little sense if you know what you are doing.
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You only have to do a very few things right in your life so long as you don’t do too many things wrong.
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We simply attempt to be fearful when others are greedy and to be greedy only when others are fearful.
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Stocks are the only thing that people are happy to buy when the price goes up.
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Do not save what is left after spending; instead spend what is left after saving.
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Failing conventionally is the route to go; as a group, lemmings may have a rotten image, but no individual lemming has ever received bad press.
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Price is what you pay. Value is what you get.
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Never test the depth of river with both the feet.
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It’s much easier to stay out of trouble now than to get out of trouble later.
WARREN BUFFETT