I try to invest in businesses that are so wonderful that an idiot can run them. Because sooner or later, one will.
WARREN BUFFETTNever test the depth of river with both the feet.
More Warren Buffett Quotes
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Successful Investing takes time, discipline and patience.
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Rule No. 1: Never lose money. Rule No. 2: Never forget rule No.1
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Diversification may preserve wealth, but concentration builds wealth.
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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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It’s nice to have a lot of money, but you know, you don’t want to keep it around forever. I prefer buying things. Otherwise, it’s a little like saving sex for your old age.
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We simply attempt to be fearful when others are greedy and to be greedy only when others are fearful.
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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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What the wise do in the beginning, fools do in the end.
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You only have to do a very few things right in your life so long as you don’t do too many things wrong.
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Why not invest your assets in the companies you really like? As Mae West said, ‘Too much of a good thing can be wonderful.
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Time is the friend of the wonderful company, the enemy of the mediocre.
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Other guys read Playboy. I read annual reports.
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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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The rich invest in time, the poor invest in money.
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Opportunities come infrequently. When it rains gold, put out the bucket, not the thimble.
WARREN BUFFETT