“Never ask a barber if you need a haircut.”

People always ask me where they should go to work, and I always tell them to go to work for whom they admire the most.

Someone’s sitting in the shade today because someone planted a tree a long time ago.

The most important quality for an investor is temperament, not intellect.

Only buy something that you’d be perfectly happy to hold if the market shut down for 10 years.

Honesty is a very expensive gift, Don’t expect it from cheap people.

When people tell me they’ve learned from experience, I tell them the trick is to learn from other people’s experience.

Intensity is the price of excellence.

It’s much easier to stay out of trouble now than to get out of trouble later.

Diversification may preserve wealth, but concentration builds wealth.

If you cannot control your emotions, you cannot control your money.

The more you learn, the more you’ll earn.

You only have to do a very few things right in your life so long as you don’t do too many things wrong.

An investor should act as though he had a lifetime decision card with just twenty punches on it.

The dumbest reason in the world to buy a stock is because it’s going up.

Calling someone who trades actively in the market an investor is like calling someone who repeatedly engages in one-night stands a romantic.

Tell me who your heroes are and I’ll tell you how you’ll turn out to be.