Forecasts may tell you a great deal about the forecaster; they tell you nothing about the future.
WARREN BUFFETTRisk comes from not knowing what you’re doing.
More Warren Buffett Quotes
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Honesty is a very expensive gift, Don’t expect it from cheap people.
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Stocks are the only thing that people are happy to buy when the price goes up.
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Diversification is protection against ignorance. It makes little sense if you know what you are doing.
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The most important investment you can make is in yourself.
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A public-opinion poll is no substitute for thought.
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Writing a check separates a commitment from a conversation.
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Opportunities come infrequently. When it rains gold, put out the bucket, not the thimble.
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Time is the friend of the wonderful company, the enemy of the mediocre.
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Read 500 pages every day. That’s how knowledge works. It builds up like compound interest.
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Trust is like the air we breathe. When it’s present, nobody really notices; when it’s absent, everybody notices.
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When you combine ignorance and leverage, you get some pretty interesting results.
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Failure comes from ego, greed, envy, fear, imitation. I have success not because I am smart, but because I am rational.
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The stock market is designed to transfer money from the active to the patient.
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Tell me who your heroes are and I’ll tell you how you’ll turn out to be.
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If a business does well, the stock eventually follows.
WARREN BUFFETT