Chains of habit are too light to be felt until they are too heavy to be broken.
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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We simply attempt to be fearful when others are greedy and to be greedy only when others are fearful.
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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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Opportunities come infrequently. When it rains gold, put out the bucket, not the thimble.
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You’ve gotta keep control of your time, and you can’t unless you say no. You can’t let people set your agenda in life.
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Money is not everything. Make sure you earn a lot before speaking such nonsense.
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The key to success is emotional stability.
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It’s better to hang out with people better than you. Pick out associates whose behavior is better than yours and you’ll drift in that direction.
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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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Tell me who your heroes are and I’ll tell you how you’ll turn out to be.
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Our favorite holding period is forever.
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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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Intensity is the price of excellence.
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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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