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.
WARREN BUFFETTIn the long run managements stressing accounting appearance over economic substance usually achieve little of either.
More Warren Buffett Quotes
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If you don’t find a way to make money while you sleep, you will work until you die.
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Failing conventionally is the route to go; as a group, lemmings may have a rotten image, but no individual lemming has ever received bad press.
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I always knew I was going to be rich. I don’t think I ever doubted it for a minute.
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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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Whatever you like to do, make it a hobby and whatever the world likes to do, make it a business.
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Writing a check separates a commitment from a conversation.
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Remember that the stock market is a manic depressive.
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Our favorite holding period is forever.
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Only buy something that you’d be perfectly happy to hold if the market shut down for 10 years.
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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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No matter how great the talent or efforts, some things just take time. You can’t produce a baby in one month by getting nine women pregnant.
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The most important investment you can make is in yourself.
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In the business world, the rearview mirror is always clearer than the windshield.
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Time is the friend of the wonderful company, the enemy of the mediocre.
WARREN BUFFETT