Diversification is protection against ignorance. It makes little sense if you know what you are doing.
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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Honesty is a very expensive gift, Don’t expect it from cheap people.
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Rule No. 1: Never lose money. Rule No. 2: Never forget rule No.1
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Other guys read Playboy. I read annual reports.
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Never test the depth of river with both the feet.
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Stocks are the only thing that people are happy to buy when the price goes up.
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We don’t get paid for being busy, we get paid for being right.
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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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Successful Investing takes time, discipline and patience.
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The secret to happiness is having low expectations.
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Games are won by players who focus on the playing field, not by those whose eyes are glued to the scoreboard.
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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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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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Whatever you like to do, make it a hobby and whatever the world likes to do, make it a business.
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The stock market is designed to transfer money from the active to the patient.
WARREN BUFFETT