Our favorite holding period is forever.
WARREN BUFFETTIt’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.
More Warren Buffett Quotes
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Time is the friend of the wonderful company, the enemy of the mediocre.
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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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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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Chains of habit are too light to be felt until they are too heavy to be broken.
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A public-opinion poll is no substitute for thought.
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When you combine ignorance and leverage, you get some pretty interesting results.
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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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Honesty is a very expensive gift, Don’t expect it from cheap people.
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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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Writing a check separates a commitment from a conversation.
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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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In the business world, the rearview mirror is always clearer than the windshield.
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Never ask a barber if you need a haircut.
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The greatest investment a young person can make is in their own education, in their own mind. Because money comes and goes. Relationships come and go. But what you learn once stays with you forever.
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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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