In the long run managements stressing accounting appearance over economic substance usually achieve little of either.
WARREN BUFFETTThe difference between successful people and really successful people is that really successful people say no to almost everything.
More Warren Buffett Quotes
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Life is like a snowball. The important thing is finding wet snow and a really long hill.
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The most important investment you can make is in yourself.
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A public-opinion poll is no substitute for thought.
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I am not a businessman, I am an artist.
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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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You only have to do a very few things right in your life so long as you don’t do too many things wrong.
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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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Diversification may preserve wealth, but concentration builds wealth.
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Rule No. 1: Never lose money. Rule No. 2: Never forget rule No.1
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The key to success is emotional stability.
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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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We don’t have to be smarter than the rest. We have to be more disciplined than the rest.
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The rich invest in time, the poor invest in money.
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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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If a business does well, the stock eventually follows.
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