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.
WARREN BUFFETTTell me who your heroes are and I’ll tell you how you’ll turn out to be.
More Warren Buffett Quotes
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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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The stock market is designed to transfer money from the active to the patient.
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The business schools reward difficult complex behavior more than simple behavior, but simple behavior is more effective.
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If you don’t find a way to make money while you sleep, you will work until you die.
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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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Opportunities come infrequently. When it rains gold, put out the bucket, not the thimble.
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Forecasts may tell you a great deal about the forecaster; they tell you nothing about the future.
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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 am not a businessman, I am an artist.
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The secret to happiness is having low expectations.
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It’s much easier to stay out of trouble now than to get out of trouble later.
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What the wise do in the beginning, fools do in the end.
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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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Calling someone who trades actively in the market an investor is like calling someone who repeatedly engages in one-night stands a romantic.
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