I will tell you how to become rich. Close the doors. Be fearful when others are greedy. Be greedy when others are fearful.
WARREN BUFFETTWe simply attempt to be fearful when others are greedy and to be greedy only when others are fearful.
More Warren Buffett Quotes
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Whatever you like to do, make it a hobby and whatever the world likes to do, make it a business.
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Chains of habit are too light to be felt until they are too heavy to be broken.
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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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The most important investment you can make is in yourself.
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If you buy things you do not need, soon you will have to sell things you need.
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Risk comes from not knowing what you’re doing.
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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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The dumbest reason in the world to buy a stock is because it’s going up.
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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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Beware of geeks bearing formulas.
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When you combine ignorance and leverage, you get some pretty interesting results.
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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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Stocks are the only thing that people are happy to buy when the price goes up.
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If you cannot control your emotions, you cannot control your money.
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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