If you aren’t thinking about owning a stock for 10 years, don’t even think about owning it for 10 minutes.
WARREN BUFFETTNever depend on single income. Make investment to create a second source.
More Warren Buffett Quotes
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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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Tell me who your heroes are and I’ll tell you how you’ll turn out to be.
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I learned to go into business only with people whom I like, trust, and admire.
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Diversification may preserve wealth, but concentration builds wealth.
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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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Writing a check separates a commitment from a conversation.
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We don’t get paid for being busy, we get paid for being right.
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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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Never be afraid to ask for too much when selling or offer too little when buying.
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Remember that the stock market is a manic depressive.
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Our favorite holding period is forever.
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Diversification is protection against ignorance. It makes little sense if you know what you are doing.
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When you combine ignorance and leverage, you get some pretty interesting results.
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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.
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It takes 20 years to build a reputation and five minuted to ruin it. If you think about that you’ll do things differently.
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