Rule No. 1: Never lose money. Rule No. 2: Never forget rule No.1
WARREN BUFFETTLearning how to live is much more important than learning how to make a living.
More Warren Buffett Quotes
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Never ask a barber if you need a haircut.
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Other guys read Playboy. I read annual reports.
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Do not save what is left after spending; instead spend what is left after saving.
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Trust is like the air we breathe. When it’s present, nobody really notices; when it’s absent, everybody notices.
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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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Read 500 pages every day. That’s how knowledge works. It builds up like compound interest.
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In the business world, the rearview mirror is always clearer than the windshield.
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If you aren’t thinking about owning a stock for 10 years, don’t even think about owning it for 10 minutes.
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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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It’s good to learn from your mistakes. It’s better to learn from other people’s mistakes.
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When people tell me they’ve learned from experience, I tell them the trick is to learn from other people’s experience.
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Money is not everything. Make sure you earn a lot before speaking such nonsense.
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We don’t have to be smarter than the rest. We have to be more disciplined than the rest.
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No matter how great the talent or efforts, some things just take time. You can’t produce a baby in one month by getting nine women pregnant.
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The more you learn, the more you’ll earn.
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