Do not save what is left after spending; instead spend what is left after saving.
WARREN BUFFETTIt’s far better to buy a wonderful company at a fair price, than a fair company at a wonderful price.
More Warren Buffett Quotes
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Chains of habit are too light to be felt until they are too heavy to be broken.
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Tell me who your heroes are and I’ll tell you how you’ll turn out to be.
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Ignore the stock market, ignore the economy, and buy a business you understand.
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Risk comes from not knowing what you’re doing.
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Never be afraid to ask for too much when selling or offer too little when buying.
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Money is not everything. Make sure you earn a lot before speaking such nonsense.
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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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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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Diversification may preserve wealth, but concentration builds wealth.
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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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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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I try to invest in businesses that are so wonderful that an idiot can run them. Because sooner or later, one will.
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The most important quality for an investor is temperament, not intellect.
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Writing a check separates a commitment from a conversation.
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An investor should act as though he had a lifetime decision card with just twenty punches on it.
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The most important investment you can make is in yourself.
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There’s class warfare, all right, but it’s my class, the rich class, that’s making war, and we’re winning.
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It takes 20 years to build a reputation and five minuted to ruin it. If you think about that you’ll do things differently.
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If you buy things you do not need, soon you will have to sell things you need.
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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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Outstanding long-term results are produced primarily by avoiding dumb decisions, rather than by making brilliant ones.
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Learning how to live is much more important than learning how to make a living.
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We don’t get paid for being busy, we get paid for being right.
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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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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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Rule No. 1: Never lose money. Rule No. 2: Never forget rule No.1
WARREN BUFFETT