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 BUFFETTI will tell you how to become rich. Close the doors. Be fearful when others are greedy. Be greedy when others are fearful.
More Warren Buffett Quotes
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Intensity is the price of excellence.
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Price is what you pay. Value is what you get.
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Someone’s sitting in the shade today because someone planted a tree a long time ago.
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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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The business schools reward difficult complex behavior more than simple behavior, but simple behavior is more effective.
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If you cannot control your emotions, you cannot control your money.
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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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Life is like a snowball. The important thing is finding wet snow and a really long hill.
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If a business does well, the stock eventually follows.
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It’s much easier to stay out of trouble now than to get out of trouble later.
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It’s only when the tide goes out that you discover who’s been swimming naked.
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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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In the business world, the rearview mirror is always clearer than the windshield.
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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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No matter how great the talent or efforts, some things just take time. You can’t produce a baby in one month by getting nine women pregnant.
WARREN BUFFETT