I try to invest in businesses that are so wonderful that an idiot can run them. Because sooner or later, one will.
WARREN BUFFETTTell me who your heroes are and I’ll tell you how you’ll turn out to be.
More Warren Buffett Quotes
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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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Whatever you like to do, make it a hobby and whatever the world likes to do, make it a business.
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It’s better to hang out with people better than you. Pick out associates whose behavior is better than yours and you’ll drift in that direction.
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Price is what you pay. Value is what you get.
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Trust is like the air we breathe. When it’s present, nobody really notices; when it’s absent, everybody notices.
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Diversification is protection against ignorance. It makes little sense if you know what you are doing.
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If you cannot control your emotions, you cannot control your money.
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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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Do not save what is left after spending; instead spend what is left after saving.
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I do know that when I am 60, I should be attempting to achieve different personal goals than those which had priority at age 20.
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An investor should act as though he had a lifetime decision card with just twenty punches on it.
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If past history was all that is needed to play the game of money, the richest people would be librarians.
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The most important thing to do if you find yourself in a hole is to stop digging.
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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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Life is like a snowball. The important thing is finding wet snow and a really long hill.
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