Calling someone who trades actively in the market an investor is like calling someone who repeatedly engages in one-night stands a romantic.
WARREN BUFFETTDo not save what is left after spending; instead spend what is left after saving.
More Warren Buffett Quotes
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Never ask a barber if you need a haircut.
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It’s much easier to stay out of trouble now than to get out of trouble later.
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Read 500 pages every day. That’s how knowledge works. It builds up like compound interest.
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The stock market is designed to transfer money from the active to the patient.
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Other guys read Playboy. I read annual reports.
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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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In looking for people to hire, you look for three qualities: integrity, intelligence, and energy.
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Intensity is the price of excellence.
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Forecasts may tell you a great deal about the forecaster; they tell you nothing about the future.
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We don’t get paid for being busy, we get paid for being right.
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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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A public-opinion poll is no substitute for thought.
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Writing a check separates a commitment from a conversation.
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Opportunities come infrequently. When it rains gold, put out the bucket, not the thimble.
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The most important thing to do if you find yourself in a hole is to stop digging.
WARREN BUFFETT