A public-opinion poll is no substitute for thought.
WARREN BUFFETTThe secret to happiness is having low expectations.
More Warren Buffett Quotes
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You can’t make a good deal with a bad person.
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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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The most important quality for an investor is temperament, not intellect.
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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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You don’t need to have extraordinary effort to achieve extraordinary results. You just need to do the ordinary, everyday things exceptionally well.
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Diversification is protection against ignorance. It makes little sense if you know what you are doing.
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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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The dumbest reason in the world to buy a stock is because it’s going up.
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Never ask a barber if you need a haircut.
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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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Remember that the stock market is a manic depressive.
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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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The rich invest in time, the poor invest in money.
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Opportunities come infrequently. When it rains gold, put out the bucket, not the thimble.
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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.
WARREN BUFFETT