Diversification is protection against ignorance. It makes little sense if you know what you are doing.
WARREN BUFFETTWe don’t get paid for being busy, we get paid for being right.
More Warren Buffett Quotes
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It’s only when the tide goes out that you discover who’s been swimming naked.
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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 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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The secret to happiness is having low expectations.
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We don’t get paid for being busy, we get paid for being right.
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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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Never test the depth of river with both the feet.
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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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The more you learn, the more you’ll earn.
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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 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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Other guys read Playboy. I read annual reports.
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The most important investment you can make is in yourself.
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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 difference between successful people and really successful people is that really successful people say no to almost everything.
WARREN BUFFETT