Other guys read Playboy. I read annual reports.
WARREN BUFFETTThere seems to be some perverse human characteristic that likes to make easy things difficult.
More Warren Buffett Quotes
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The dumbest reason in the world to buy a stock is because it’s going up.
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Diversification is protection against ignorance. It makes little sense if you know what you are doing.
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People always ask me where they should go to work, and I always tell them to go to work for whom they admire the most.
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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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When you combine ignorance and leverage, you get some pretty interesting results.
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In looking for people to hire, you look for three qualities: integrity, intelligence, and energy.
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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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We simply attempt to be fearful when others are greedy and to be greedy only when others are fearful.
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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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The secret to happiness is having low expectations.
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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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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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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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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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Learning how to live is much more important than learning how to make a living.
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