The most important quality for an investor is temperament, not intellect.
WARREN BUFFETTOf the billionaires I have known, money just brings out the basic traits in them. If they were jerks before they had money, they are simply jerks with a billion dollars.
More Warren Buffett Quotes
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Learning how to live is much more important than learning how to make a living.
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I try to invest in businesses that are so wonderful that an idiot can run them. Because sooner or later, one will.
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People will always try to stop you from doing the right thing if it is unconventional.
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People always ask me where they should go to work, and I always tell them to go to work for whom they admire the most.
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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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Whatever you like to do, make it a hobby and whatever the world likes to do, make it a business.
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The key to success is emotional stability.
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I do know that when I am 60, I should be attempting to achieve different personal goals than those which had priority at age 20.
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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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Read 500 pages every day. That’s how knowledge works. It builds up like compound interest.
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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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No matter how great the talent or efforts, some things just take time. You can’t produce a baby in one month by getting nine women pregnant.
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Risk comes from not knowing what you’re doing.
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Of the billionaires I have known, money just brings out the basic traits in them. If they were jerks before they had money, they are simply jerks with a billion dollars.
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I am not a businessman, I am an artist.
WARREN BUFFETT