Calling someone who trades actively in the market an investor is like calling someone who repeatedly engages in one-night stands a romantic.
WARREN BUFFETTI am not a businessman, I am an artist.
More Warren Buffett Quotes
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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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It’s far better to buy a wonderful company at a fair price, than a fair company at a wonderful price.
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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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We don’t have to be smarter than the rest. We have to be more disciplined than the rest.
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In the long run managements stressing accounting appearance over economic substance usually achieve little of either.
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The stock market is designed to transfer money from the active to the patient.
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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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In the world of business, the people who are most successful are those who are doing what they love.
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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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Failing conventionally is the route to go; as a group, lemmings may have a rotten image, but no individual lemming has ever received bad press.
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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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Someone’s sitting in the shade today because someone planted a tree a long time ago.
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Do not save what is left after spending; instead spend what is left after saving.
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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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I try to invest in businesses that are so wonderful that an idiot can run them. Because sooner or later, one will.
WARREN BUFFETT