In the long run managements stressing accounting appearance over economic substance usually achieve little of either.
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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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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You can’t make a good deal with a bad person.
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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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Learning how to live is much more important than learning how to make a living.
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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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It’s good to learn from your mistakes. It’s better to learn from other people’s mistakes.
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Never ask a barber if you need a haircut.
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The most important investment you can make is in yourself.
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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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An investor should act as though he had a lifetime decision card with just twenty punches on it.
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I always knew I was going to be rich. I don’t think I ever doubted it for a minute.
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Writing a check separates a commitment from a conversation.
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The difference between successful people and really successful people is that really successful people say no to almost everything.
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We don’t have to be smarter than the rest. We have to be more disciplined than the rest.
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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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