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Warren Buffett Quote - In the long run managements stressing accounting appearance over economic substance usually achieve little of either.

In the long run managements stressing accounting appearance over economic substance usually achieve little of either.

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Account Achievement Appearance Economics Management Stress Substance

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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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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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Successful Investing takes time, discipline and patience.
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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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The most important quality for an investor is temperament, not intellect.
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There seems to be some perverse human characteristic that likes to make easy things difficult.
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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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I will tell you the secret to getting rich on Wall Street. You try to be greedy when others are fearful. And you try to be fearful when others are greedy.
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When you combine ignorance and leverage, you get some pretty interesting results.
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The Happiest people do not necessarily have the best things. They simply appreciate the things they have.
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It’s much easier to stay out of trouble now than to get out of trouble later.
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I am not a businessman, I am an artist.
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Failure comes from ego, greed, envy, fear, imitation. I have success not because I am smart, but because I am rational.
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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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Other guys read Playboy. I read annual reports.
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Stocks are the only thing that people are happy to buy when the price goes up.
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