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.
WARREN BUFFETTWe don’t get paid for being busy, we get paid for being right.
More Warren Buffett Quotes
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If a business does well, the stock eventually follows.
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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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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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It takes 20 years to build a reputation and five minuted to ruin it. If you think about that you’ll do things differently.
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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.
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Trust is like the air we breathe. When it’s present, nobody really notices; when it’s absent, everybody notices.
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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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I try to invest in businesses that are so wonderful that an idiot can run them. Because sooner or later, one will.
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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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In looking for people to hire, you look for three qualities: integrity, intelligence, and energy.
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Failing conventionally is the route to go; as a group, lemmings may have a rotten image, but no individual lemming has ever received bad press.
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Our favorite holding period is forever.
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Learning how to live is much more important than learning how to make a living.
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I will tell you how to become rich. Close the doors. Be fearful when others are greedy. Be greedy when others are fearful.
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What the wise do in the beginning, fools do in the end.
WARREN BUFFETT