When you combine ignorance and leverage, you get some pretty interesting results.
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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Risk comes from not knowing what you’re doing.
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The business schools reward difficult complex behavior more than simple behavior, but simple behavior is more effective.
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Ignore the stock market, ignore the economy, and buy a business you understand.
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If past history was all that is needed to play the game of money, the richest people would be librarians.
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Price is what you pay. Value is what you get.
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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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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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You can’t make a good deal with a bad person.
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Whatever you like to do, make it a hobby and whatever the world likes to do, make it a business.
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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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Learning how to live is much more important than learning how to make a living.
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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’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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We simply attempt to be fearful when others are greedy and to be greedy only when others are fearful.
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Beware of geeks bearing formulas.
WARREN BUFFETT