I will tell you the secret to getting rich on Wall Street. You try to be greedy when others are fearful. And you try to be fearful when others are greedy.
WARREN BUFFETTRead 500 pages every day. That’s how knowledge works. It builds up like compound interest.
More Warren Buffett Quotes
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Our favorite holding period is forever.
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Life is like a snowball. The important thing is finding wet snow and a really long hill.
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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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Whatever you like to do, make it a hobby and whatever the world likes to do, make it a business.
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Why not invest your assets in the companies you really like? As Mae West said, ‘Too much of a good thing can be wonderful.
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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 nice to have a lot of money, but you know, you don’t want to keep it around forever. I prefer buying things. Otherwise, it’s a little like saving sex for your old age.
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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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Someone’s sitting in the shade today because someone planted a tree a long time ago.
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Do not save what is left after spending; instead spend what is left after saving.
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I learned to go into business only with people whom I like, trust, and admire.
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Stocks are the only thing that people are happy to buy when the price goes up.
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Rule No. 1: Never lose money. Rule No. 2: Never forget rule No.1
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Never depend on single income. Make investment to create a second source.
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Wall Street is the only place that people drive to in a Rolls Royce to take advice from people who ride the subway.
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