Only buy something that you’d be perfectly happy to hold if the market shut down for 10 years.
WARREN BUFFETTRisk comes from not knowing what you’re doing.
More Warren Buffett Quotes
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We don’t get paid for being busy, we get paid for being right.
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What the wise do in the beginning, fools do in the end.
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In the business world, the rearview mirror is always clearer than the windshield.
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If you’re in the luckiest one percent of humanity, you owe it to the rest of humanity to think about the other 99 percent.
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If you buy things you do not need, soon you will have to sell things you need.
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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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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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Honesty is a very expensive gift, Don’t expect it from cheap people.
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It’s only when the tide goes out that you discover who’s been swimming naked.
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The rich invest in time, the poor invest in money.
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Price is what you pay. Value is what you get.
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Diversification is protection against ignorance. It makes little sense if you know what you are doing.
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Other guys read Playboy. I read annual reports.
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Money is not everything. Make sure you earn a lot before speaking such nonsense.
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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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