Rule No. 1: Never lose money. Rule No. 2: Never forget rule No.1
WARREN BUFFETTOur favorite holding period is forever.
More Warren Buffett Quotes
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Do not save what is left after spending; instead spend what is left after saving.
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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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Someone’s sitting in the shade today because someone planted a tree a long time ago.
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Read 500 pages every day. That’s how knowledge works. It builds up like compound interest.
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If past history was all that is needed to play the game of money, the richest people would be librarians.
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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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Risk comes from not knowing what you’re doing.
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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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Never ask a barber if you need a haircut.
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I learned to go into business only with people whom I like, trust, and admire.
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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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The rich invest in time, the poor invest in money.
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Only buy something that you’d be perfectly happy to hold if the market shut down for 10 years.
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The key to success is emotional stability.
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Our favorite holding period is forever.
WARREN BUFFETT