When people tell me they’ve learned from experience, I tell them the trick is to learn from other people’s experience.
WARREN BUFFETTNever ask a barber if you need a haircut.
More Warren Buffett Quotes
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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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Rule No. 1: Never lose money. Rule No. 2: Never forget rule No.1
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Read 500 pages every day. That’s how knowledge works. It builds up like compound interest.
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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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The rich invest in time, the poor invest in money.
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Why not invest your assets in the companies you really like? As Mae West said, ‘Too much of a good thing can be wonderful.
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Wall Street is the only place that people drive to in a Rolls Royce to take advice from people who ride the subway.
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Someone’s sitting in the shade today because someone planted a tree a long time ago.
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I never invest in anything that I don’t understand.
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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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If you cannot control your emotions, you cannot control your money.
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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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In the world of business, the people who are most successful are those who are doing what they love.
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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.
WARREN BUFFETT