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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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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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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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The more you learn, the more you’ll earn.
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Opportunities come infrequently. When it rains gold, put out the bucket, not the thimble.
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Only buy something that you’d be perfectly happy to hold if the market shut down for 10 years.
WARREN BUFFETT

Business Market Shut Stock Market
Ignore the stock market, ignore the economy, and buy a business you understand.
WARREN BUFFETT

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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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An investor should act as though he had a lifetime decision card with just twenty punches on it.
WARREN BUFFETT

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The greatest investment a young person can make is in their own education, in their own mind. Because money comes and goes. Relationships come and go. But what you learn once stays with you forever.
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The most important quality for an investor is temperament, not intellect.
WARREN BUFFETT

Intellect Investment Quality Stock Market
When you combine ignorance and leverage, you get some pretty interesting results.
WARREN BUFFETT

Business Combination Ignorance Interesting Leverage Pretty Result
The key to success is emotional stability.
WARREN BUFFETT

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

Account Achievement Appearance Economics Management Stress Substance
We simply attempt to be fearful when others are greedy and to be greedy only when others are fearful.
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Calling someone who trades actively in the market an investor is like calling someone who repeatedly engages in one-night stands a romantic.
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