I will tell you how to become rich. Close the doors. Be fearful when others are greedy. Be greedy when others are fearful.
WARREN BUFFETTNever ask a barber if you need a haircut.
More Warren Buffett Quotes
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Diversification may preserve wealth, but concentration builds wealth.
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The secret to happiness is having low expectations.
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We simply attempt to be fearful when others are greedy and to be greedy only when others are fearful.
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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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We don’t have to be smarter than the rest. We have to be more disciplined than the rest.
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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.
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Intensity is the price of excellence.
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Whatever you like to do, make it a hobby and whatever the world likes to do, make it a business.
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Life is like a snowball. The important thing is finding wet snow and a really long hill.
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I do know that when I am 60, I should be attempting to achieve different personal goals than those which had priority at age 20.
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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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Honesty is a very expensive gift, Don’t expect it from cheap people.
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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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You only have to do a very few things right in your life so long as you don’t do too many things wrong.
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It’s better to hang out with people better than you. Pick out associates whose behavior is better than yours and you’ll drift in that direction.
WARREN BUFFETT