The most important quality for an investor is temperament, not intellect.
WARREN BUFFETTRisk comes from not knowing what you’re doing.
More Warren Buffett Quotes
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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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Do not save what is left after spending; instead spend what is left after saving.
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Honesty is a very expensive gift, Don’t expect it from cheap people.
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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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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.
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In the business world, the rearview mirror is always clearer than the windshield.
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Our favorite holding period is forever.
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Calling someone who trades actively in the market an investor is like calling someone who repeatedly engages in one-night stands a romantic.
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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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A public-opinion poll is no substitute for thought.
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When you combine ignorance and leverage, you get some pretty interesting results.
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The stock market is designed to transfer money from the active to the patient.
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There’s class warfare, all right, but it’s my class, the rich class, that’s making war, and we’re winning.
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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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