If you lose money for the firm, I will be forgiving. If you lose reputation, I will be ruthless.
WARREN BUFFETTWe don’t have to be smarter than the rest. We have to be more disciplined than the rest.
More Warren Buffett Quotes
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The most important quality for an investor is temperament, not intellect.
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You don’t need to have extraordinary effort to achieve extraordinary results. You just need to do the ordinary, everyday things exceptionally well.
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The most important thing to do if you find yourself in a hole is to stop digging.
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Opportunities come infrequently. When it rains gold, put out the bucket, not the thimble.
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The greatest investment a young person can make is in their own education, in their own mind. Because money comes and goes. Relationships come and go. But what you learn once stays with you forever.
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What the wise do in the beginning, fools do in the end.
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The stock market is designed to transfer money from the active to the patient.
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You’ve gotta keep control of your time, and you can’t unless you say no. You can’t let people set your agenda in life.
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Read 500 pages every day. That’s how knowledge works. It builds up like compound interest.
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Honesty is a very expensive gift, Don’t expect it from cheap people.
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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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An investor should act as though he had a lifetime decision card with just twenty punches on it.
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Diversification may preserve wealth, but concentration builds wealth.
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A public-opinion poll is no substitute for thought.
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I never invest in anything that I don’t understand.
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