When people tell me they’ve learned from experience, I tell them the trick is to learn from other people’s experience.
WARREN BUFFETTAn investor should act as though he had a lifetime decision card with just twenty punches on it.
More Warren Buffett Quotes
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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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Our favorite holding period is forever.
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You only have to do a very few things right in your life so long as you don’t do too many things wrong.
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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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I will tell you how to become rich. Close the doors. Be fearful when others are greedy. Be greedy when others are fearful.
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Beware of geeks bearing formulas.
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The rich invest in time, the poor invest in money.
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The most important quality for an investor is temperament, not intellect.
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Learning how to live is much more important than learning how to make a living.
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In looking for people to hire, you look for three qualities: integrity, intelligence, and energy.
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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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The more you learn, the more you’ll earn.
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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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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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