“The 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.”

Outstanding long-term results are produced primarily by avoiding dumb decisions, rather than by making brilliant ones.

Wall Street is the only place that people drive to in a Rolls Royce to take advice from people who ride the subway.

Writing a check separates a commitment from a conversation.

Other guys read Playboy. I read annual reports.

The key to success is emotional stability.

Rule No. 1: Never lose money. Rule No. 2: Never forget rule No.1

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.

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.

It’s good to learn from your mistakes. It’s better to learn from other people’s mistakes.

The business schools reward difficult complex behavior more than simple behavior, but simple behavior is more effective.

Never be afraid to ask for too much when selling or offer too little when buying.

Money is not everything. Make sure you earn a lot before speaking such nonsense.

Never depend on single income. Make investment to create a second source.

Chains of habit are too light to be felt until they are too heavy to be broken.

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.

Ignore the stock market, ignore the economy, and buy a business you understand.