It’s only when the tide goes out that you discover who’s been swimming naked.
WARREN BUFFETTWhen you combine ignorance and leverage, you get some pretty interesting results.
More Warren Buffett Quotes
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It’s good to learn from your mistakes. It’s better to learn from other people’s mistakes.
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What the wise do in the beginning, fools do in the end.
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Never test the depth of river with both the feet.
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Never depend on single income. Make investment to create a second source.
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The most important quality for an investor is temperament, not intellect.
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I never invest in anything that I don’t understand.
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Do not save what is left after spending; instead spend what is left after saving.
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People will always try to stop you from doing the right thing if it is unconventional.
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The dumbest reason in the world to buy a stock is because it’s going up.
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I will tell you how to become rich. Close the doors. Be fearful when others are greedy. Be greedy when others are fearful.
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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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Ignore the stock market, ignore the economy, and buy a business you understand.
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The key to success is emotional stability.
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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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Writing a check separates a commitment from a conversation.
WARREN BUFFETT