It’s only when the tide goes out that you discover who’s been swimming naked.
WARREN BUFFETTLife is like a snowball. The important thing is finding wet snow and a really long hill.
More Warren Buffett Quotes
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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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The dumbest reason in the world to buy a stock is because it’s going up.
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If you lose money for the firm, I will be forgiving. If you lose reputation, I will be ruthless.
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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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Time is the friend of the wonderful company, the enemy of the mediocre.
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People will always try to stop you from doing the right thing if it is unconventional.
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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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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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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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Our favorite holding period is forever.
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We don’t get paid for being busy, we get paid for being right.
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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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Diversification is protection against ignorance. It makes little sense if you know what you are doing.
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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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Stocks are the only thing that people are happy to buy when the price goes up.
WARREN BUFFETT







