Do not save what is left after spending; instead spend what is left after saving.
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.
More Warren Buffett Quotes
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Honesty is a very expensive gift, Don’t expect it from cheap people.
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It’s better to hang out with people better than you. Pick out associates whose behavior is better than yours and you’ll drift in that direction.
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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 most important quality for an investor is temperament, not intellect.
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Price is what you pay. Value is what you get.
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Wall Street is the only place that people drive to in a Rolls Royce to take advice from people who ride the subway.
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A public-opinion poll is no substitute for thought.
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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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Of the billionaires I have known, money just brings out the basic traits in them. If they were jerks before they had money, they are simply jerks with a billion dollars.
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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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Ignore the stock market, ignore the economy, and buy a business you understand.
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I try to invest in businesses that are so wonderful that an idiot can run them. Because sooner or later, one will.
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There seems to be some perverse human characteristic that likes to make easy things difficult.
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Risk comes from not knowing what you’re doing.
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Stocks are the only thing that people are happy to buy when the price goes up.
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