In the long run managements stressing accounting appearance over economic substance usually achieve little of either.
WARREN BUFFETTIn the long run managements stressing accounting appearance over economic substance usually achieve little of either.
WARREN BUFFETTNo 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.
WARREN BUFFETTWe don’t get paid for being busy, we get paid for being right.
WARREN BUFFETTSomeone’s sitting in the shade today because someone planted a tree a long time ago.
WARREN BUFFETTOpportunities come infrequently. When it rains gold, put out the bucket, not the thimble.
WARREN BUFFETTDiversification may preserve wealth, but concentration builds wealth.
WARREN BUFFETTA public-opinion poll is no substitute for thought.
WARREN BUFFETTFailing conventionally is the route to go; as a group, lemmings may have a rotten image, but no individual lemming has ever received bad press.
WARREN BUFFETTIntensity is the price of excellence.
WARREN BUFFETTIn the business world, the rearview mirror is always clearer than the windshield.
WARREN BUFFETTI 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.
WARREN BUFFETTI learned to go into business only with people whom I like, trust, and admire.
WARREN BUFFETTI will tell you how to become rich. Close the doors. Be fearful when others are greedy. Be greedy when others are fearful.
WARREN BUFFETTLife is like a snowball. The important thing is finding wet snow and a really long hill.
WARREN BUFFETTWhy not invest your assets in the companies you really like? As Mae West said, ‘Too much of a good thing can be wonderful.
WARREN BUFFETTThe most important quality for an investor is temperament, not intellect.
WARREN BUFFETT