I never invest in anything that I don’t understand.
WARREN BUFFETTI never invest in anything that I don’t understand.
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 thing to do if you find yourself in a hole is to stop digging.
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Rule No. 1: Never lose money. Rule No. 2: Never forget rule No.1
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When you combine ignorance and leverage, you get some pretty interesting results.
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In the business world, the rearview mirror is always clearer than the windshield.
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There’s class warfare, all right, but it’s my class, the rich class, that’s making war, and we’re winning.
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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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Diversification is protection against ignorance. It makes little sense if you know what you are doing.
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Writing a check separates a commitment from a conversation.
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Diversification may preserve wealth, but concentration builds wealth.
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When people tell me they’ve learned from experience, I tell them the trick is to learn from other people’s experience.
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I always knew I was going to be rich. I don’t think I ever doubted it for a minute.
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If you aren’t thinking about owning a stock for 10 years, don’t even think about owning it for 10 minutes.
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Games are won by players who focus on the playing field, not by those whose eyes are glued to the scoreboard.
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If you don’t find a way to make money while you sleep, you will work until you die.
WARREN BUFFETT