Never test the depth of river with both the feet.
WARREN BUFFETTNever test the depth of river with both the feet.
WARREN BUFFETTIf you aren’t thinking about owning a stock for 10 years, don’t even think about owning it for 10 minutes.
WARREN BUFFETTTell me who your heroes are and I’ll tell you how you’ll turn out to be.
WARREN BUFFETTNo 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.
WARREN BUFFETTI try to invest in businesses that are so wonderful that an idiot can run them. Because sooner or later, one will.
WARREN BUFFETTIn the long run managements stressing accounting appearance over economic substance usually achieve little of either.
WARREN BUFFETTOpportunities come infrequently. When it rains gold, put out the bucket, not the thimble.
WARREN BUFFETTI will tell you how to become rich. Close the doors. Be fearful when others are greedy. Be greedy when others are fearful.
WARREN BUFFETTLife is like a snowball. The important thing is finding wet snow and a really long hill.
WARREN BUFFETTIt takes 20 years to build a reputation and five minuted to ruin it. If you think about that you’ll do things differently.
WARREN BUFFETTThe business schools reward difficult complex behavior more than simple behavior, but simple behavior is more effective.
WARREN BUFFETTBuy 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 BUFFETTCalling someone who trades actively in the market an investor is like calling someone who repeatedly engages in one-night stands a romantic.
WARREN BUFFETTForecasts may tell you a great deal about the forecaster; they tell you nothing about the future.
WARREN BUFFETTThere’s class warfare, all right, but it’s my class, the rich class, that’s making war, and we’re winning.
WARREN BUFFETTIn the world of business, the people who are most successful are those who are doing what they love.
WARREN BUFFETT