Rule No. 1: Never lose money. Rule No. 2: Never forget rule No.1
WARREN BUFFETTBuy 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.
More Warren Buffett Quotes
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You don’t need to have extraordinary effort to achieve extraordinary results. You just need to do the ordinary, everyday things exceptionally well.
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What the wise do in the beginning, fools do in the end.
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Opportunities come infrequently. When it rains gold, put out the bucket, not the thimble.
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Do not save what is left after spending; instead spend what is left after saving.
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I always knew I was going to be rich. I don’t think I ever doubted it for a minute.
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Ignore the stock market, ignore the economy, and buy a business you understand.
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Honesty is a very expensive gift, Don’t expect it from cheap people.
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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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If you aren’t thinking about owning a stock for 10 years, don’t even think about owning it for 10 minutes.
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I learned to go into business only with people whom I like, trust, and admire.
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Only buy something that you’d be perfectly happy to hold if the market shut down for 10 years.
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Never depend on single income. Make investment to create a second source.
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Time is the friend of the wonderful company, the enemy of the mediocre.
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In the business world, the rearview mirror is always clearer than the windshield.
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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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