A public-opinion poll is no substitute for thought.
WARREN BUFFETTIt’s only when the tide goes out that you discover who’s been swimming naked.
More Warren Buffett Quotes
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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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The most important investment you can make is in yourself.
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Read 500 pages every day. That’s how knowledge works. It builds up like compound interest.
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It’s much easier to stay out of trouble now than to get out of trouble later.
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Diversification may preserve wealth, but concentration builds wealth.
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Remember that the stock market is a manic depressive.
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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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Diversification is protection against ignorance. It makes little sense if you know what you are doing.
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Someone’s sitting in the shade today because someone planted a tree a long time ago.
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Time is the friend of the wonderful company, the enemy of the mediocre.
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The key to success is emotional stability.
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Forecasts may tell you a great deal about the forecaster; they tell you nothing about the future.
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Intensity is the price of excellence.
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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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When you combine ignorance and leverage, you get some pretty interesting results.
WARREN BUFFETT