It’s far better to buy a wonderful company at a fair price, than a fair company at a wonderful price.
WARREN BUFFETTThere’s class warfare, all right, but it’s my class, the rich class, that’s making war, and we’re winning.
More Warren Buffett Quotes
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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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I do know that when I am 60, I should be attempting to achieve different personal goals than those which had priority at age 20.
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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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The stock market is designed to transfer money from the active to the patient.
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Do not save what is left after spending; instead spend what is left after saving.
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Our favorite holding period is forever.
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Never be afraid to ask for too much when selling or offer too little when buying.
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I never invest in anything that I don’t understand.
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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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In the business world, the rearview mirror is always clearer than the windshield.
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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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When you combine ignorance and leverage, you get some pretty interesting results.
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In looking for people to hire, you look for three qualities: integrity, intelligence, and energy.
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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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Outstanding long-term results are produced primarily by avoiding dumb decisions, rather than by making brilliant ones.
WARREN BUFFETT