Rule No. 1: Never lose money. Rule No. 2: Never forget rule No.1
WARREN BUFFETTOpportunities come infrequently. When it rains gold, put out the bucket, not the thimble.
More Warren Buffett Quotes
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Read 500 pages every day. That’s how knowledge works. It builds up like compound interest.
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In the long run managements stressing accounting appearance over economic substance usually achieve little of either.
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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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The rich invest in time, the poor invest in money.
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Time is the friend of the wonderful company, the enemy of the mediocre.
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The stock market is designed to transfer money from the active to the patient.
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The secret to happiness is having low expectations.
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If past history was all that is needed to play the game of money, the richest people would be librarians.
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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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Our favorite holding period is forever.
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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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Wall Street is the only place that people drive to in a Rolls Royce to take advice from people who ride the subway.
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I always knew I was going to be rich. I don’t think I ever doubted it for a minute.
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Games are won by players who focus on the playing field, not by those whose eyes are glued to the scoreboard.
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Forecasts may tell you a great deal about the forecaster; they tell you nothing about the future.
WARREN BUFFETT