We don’t have to be smarter than the rest. We have to be more disciplined than the rest.
WARREN BUFFETTIf you aren’t thinking about owning a stock for 10 years, don’t even think about owning it for 10 minutes.
More Warren Buffett Quotes
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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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We don’t get paid for being busy, we get paid for being right.
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Our favorite holding period is forever.
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Price is what you pay. Value is what you get.
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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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Intensity is the price of excellence.
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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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It takes 20 years to build a reputation and five minuted to ruin it. If you think about that you’ll do things differently.
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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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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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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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The Happiest people do not necessarily have the best things. They simply appreciate the things they have.
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Beware of geeks bearing formulas.
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In the long run managements stressing accounting appearance over economic substance usually achieve little of either.
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I will tell you how to become rich. Close the doors. Be fearful when others are greedy. Be greedy when others are fearful.
WARREN BUFFETT