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 BUFFETTThe greatest investment a young person can make is in their own education, in their own mind. Because money comes and goes. Relationships come and go. But what you learn once stays with you forever.
More Warren Buffett Quotes
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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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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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I learned to go into business only with people whom I like, trust, and admire.
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Beware of geeks bearing formulas.
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Our favorite holding period is forever.
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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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Intensity is the price of excellence.
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Time is the friend of the wonderful company, the enemy of the mediocre.
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The Happiest people do not necessarily have the best things. They simply appreciate the things they have.
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Do not save what is left after spending; instead spend what is left after saving.
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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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Diversification is protection against ignorance. It makes little sense if you know what you are doing.
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Risk comes from not knowing what you’re doing.
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The key to success is emotional stability.
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The stock market is designed to transfer money from the active to the patient.
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