I never invest in anything that I don’t understand.
WARREN BUFFETTThere seems to be some perverse human characteristic that likes to make easy things difficult.
More Warren Buffett Quotes
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In the long run managements stressing accounting appearance over economic substance usually achieve little of either.
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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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Stocks are the only thing that people are happy to buy when the price goes up.
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Tell me who your heroes are and I’ll tell you how you’ll turn out to be.
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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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If a business does well, the stock eventually follows.
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There seems to be some perverse human characteristic that likes to make easy things difficult.
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Read 500 pages every day. That’s how knowledge works. It builds up like compound interest.
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You can’t make a good deal with a bad person.
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Money is not everything. Make sure you earn a lot before speaking such nonsense.
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The stock market is designed to transfer money from the active to the patient.
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The Happiest people do not necessarily have the best things. They simply appreciate the things they have.
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I do know that when I am 60, I should be attempting to achieve different personal goals than those which had priority at age 20.
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I will tell you the secret to getting rich on Wall Street. You try to be greedy when others are fearful. And you try to be fearful when others are greedy.
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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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Honesty is a very expensive gift, Don’t expect it from cheap people.
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If you lose money for the firm, I will be forgiving. If you lose reputation, I will be ruthless.
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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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It’s only when the tide goes out that you discover who’s been swimming naked.
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You only have to do a very few things right in your life so long as you don’t do too many things wrong.
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Diversification may preserve wealth, but concentration builds wealth.
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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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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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I am not a businessman, I am an artist.
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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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Do not save what is left after spending; instead spend what is left after saving.
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