Calling someone who trades actively in the market an investor is like calling someone who repeatedly engages in one-night stands a romantic.
WARREN BUFFETTLearning how to live is much more important than learning how to make a living.
More Warren Buffett Quotes
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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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The most important quality for an investor is temperament, not intellect.
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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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Other guys read Playboy. I read annual reports.
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The most important thing to do if you find yourself in a hole is to stop digging.
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Learning how to live is much more important than learning how to make a living.
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If a business does well, the stock eventually follows.
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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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Writing a check separates a commitment from a conversation.
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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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We don’t get paid for being busy, we get paid for being right.
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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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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.
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Ignore the stock market, ignore the economy, and buy a business you understand.
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The stock market is designed to transfer money from the active to the patient.
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