The most important quality for an investor is temperament, not intellect.
WARREN BUFFETTWhatever you like to do, make it a hobby and whatever the world likes to do, make it a business.
More Warren Buffett Quotes
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You can’t make a good deal with a bad person.
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Never test the depth of river with both the feet.
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Buy a stock the way you would buy a house. Understand and like it such that you’d be content to own it in the absence of any market.
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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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Diversification may preserve wealth, but concentration builds wealth.
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Price is what you pay. Value is what you get.
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If a business does well, the stock eventually follows.
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Buy a stock the way you would buy a house. Understand and like it such that you’d be content to own it in the absence of any market.
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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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The key to success is emotional stability.
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The difference between successful people and really successful people is that really successful people say no to almost everything.
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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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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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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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If you’re in the luckiest one percent of humanity, you owe it to the rest of humanity to think about the other 99 percent.
WARREN BUFFETT