Wall Street is the only place that people drive to in a Rolls Royce to take advice from people who ride the subway.
WARREN BUFFETTThe dumbest reason in the world to buy a stock is because it’s going up.
More Warren Buffett Quotes
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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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Rule No. 1: Never lose money. Rule No. 2: Never forget rule No.1
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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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Honesty is a very expensive gift, Don’t expect it from cheap people.
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We simply attempt to be fearful when others are greedy and to be greedy only when others are fearful.
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Read 500 pages every day. That’s how knowledge works. It builds up like compound interest.
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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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Other guys read Playboy. I read annual reports.
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Ignore the stock market, ignore the economy, and buy a business you understand.
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Risk comes from not knowing what you’re doing.
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Outstanding long-term results are produced primarily by avoiding dumb decisions, rather than by making brilliant ones.
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The more you learn, the more you’ll earn.
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It’s nice to have a lot of money, but you know, you don’t want to keep it around forever. I prefer buying things. Otherwise, it’s a little like saving sex for your old age.
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There seems to be some perverse human characteristic that likes to make easy things difficult.
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We don’t get paid for being busy, we get paid for being right.
WARREN BUFFETT