If you don’t find a way to make money while you sleep, you will work until you die.
WARREN BUFFETTCalling someone who trades actively in the market an investor is like calling someone who repeatedly engages in one-night stands a romantic.
More Warren Buffett Quotes
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Buy a stock the way you would buy a house. Understand and like it such that you’d be content to own it in the absence of any market.
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Learning how to live is much more important than learning how to make a living.
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Wall Street is the only place that people drive to in a Rolls Royce to take advice from people who ride the subway.
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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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Other guys read Playboy. I read annual reports.
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Never ask a barber if you need a haircut.
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People will always try to stop you from doing the right thing if it is unconventional.
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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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Failing conventionally is the route to go; as a group, lemmings may have a rotten image, but no individual lemming has ever received bad press.
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If you lose money for the firm, I will be forgiving. If you lose reputation, I will be ruthless.
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In looking for people to hire, you look for three qualities: integrity, intelligence, and energy.
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Someone’s sitting in the shade today because someone planted a tree a long time ago.
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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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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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Intensity is the price of excellence.
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