The dumbest reason in the world to buy a stock is because it’s going up.
WARREN BUFFETTRemember that the stock market is a manic depressive.
More Warren Buffett Quotes
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If a business does well, the stock eventually follows.
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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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Chains of habit are too light to be felt until they are too heavy to be broken.
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There’s class warfare, all right, but it’s my class, the rich class, that’s making war, and we’re winning.
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Stocks are the only thing that people are happy to buy when the price goes up.
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If you’re in the luckiest one percent of humanity, you owe it to the rest of humanity to think about the other 99 percent.
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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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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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If you lose money for the firm, I will be forgiving. If you lose reputation, I will be ruthless.
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Risk comes from not knowing what you’re doing.
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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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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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In the business world, the rearview mirror is always clearer than the windshield.
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Never ask a barber if you need a haircut.
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Read 500 pages every day. That’s how knowledge works. It builds up like compound interest.
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