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 BUFFETTNo 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.
More Warren Buffett Quotes
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Honesty is a very expensive gift, Don’t expect it from cheap people.
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I learned to go into business only with people whom I like, trust, and admire.
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The rich invest in time, the poor invest in money.
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Never be afraid to ask for too much when selling or offer too little when buying.
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Stocks are the only thing that people are happy to buy when the price goes up.
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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 don’t find a way to make money while you sleep, you will work until you die.
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You’ve gotta keep control of your time, and you can’t unless you say no. You can’t let people set your agenda in life.
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In the long run managements stressing accounting appearance over economic substance usually achieve little of either.
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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 dumbest reason in the world to buy a stock is because it’s going up.
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Do not save what is left after spending; instead spend what is left after saving.
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It’s good to learn from your mistakes. It’s better to learn from other people’s mistakes.
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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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You can’t make a good deal with a bad person.
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