I try to invest in businesses that are so wonderful that an idiot can run them. Because sooner or later, one will.
WARREN BUFFETTOf 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.
More Warren Buffett Quotes
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When you combine ignorance and leverage, you get some pretty interesting results.
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Learning how to live is much more important than learning how to make a living.
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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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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 business schools reward difficult complex behavior more than simple behavior, but simple behavior is more effective.
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I am not a businessman, I am an artist.
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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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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.
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Ignore the stock market, ignore the economy, and buy a business you understand.
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Writing a check separates a commitment from a conversation.
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In the business world, the rearview mirror is always clearer than the windshield.
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There seems to be some perverse human characteristic that likes to make easy things difficult.
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If you buy things you do not need, soon you will have to sell things you need.
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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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The secret to happiness is having low expectations.
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No matter how great the talent or efforts, some things just take time. You can’t produce a baby in one month by getting nine women pregnant.
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Beware of geeks bearing formulas.
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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.
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Successful Investing takes time, discipline and patience.
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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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You’ve gotta keep control of your time, and you can’t unless you say no. You can’t let people set your agenda in life.
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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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It’s much easier to stay out of trouble now than to get out of trouble later.
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In the world of business, the people who are most successful are those who are doing what they love.
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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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It’s far better to buy a wonderful company at a fair price, than a fair company at a wonderful price.
WARREN BUFFETT