Writing a check separates a commitment from a conversation.
WARREN BUFFETTIt’s far better to buy a wonderful company at a fair price, than a fair company at a wonderful price.
More Warren Buffett Quotes
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In the long run managements stressing accounting appearance over economic substance usually achieve little of either.
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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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The most important thing to do if you find yourself in a hole is to stop digging.
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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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When people tell me they’ve learned from experience, I tell them the trick is to learn from other people’s experience.
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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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Ignore the stock market, ignore the economy, and buy a business you understand.
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People will always try to stop you from doing the right thing if it is unconventional.
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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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Never test the depth of river with both the feet.
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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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A public-opinion poll is no substitute for thought.
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The stock market is designed to transfer money from the active to the patient.
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It’s much easier to stay out of trouble now than to get out of trouble later.
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You don’t need to have extraordinary effort to achieve extraordinary results. You just need to do the ordinary, everyday things exceptionally well.
WARREN BUFFETT