Ignore the stock market, ignore the economy, and buy a business you understand.
WARREN BUFFETTDiversification may preserve wealth, but concentration builds wealth.
More Warren Buffett Quotes
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Tell me who your heroes are and I’ll tell you how you’ll turn out to be.
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Someone’s sitting in the shade today because someone planted a tree a long time ago.
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I never invest in anything that I don’t understand.
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In the long run managements stressing accounting appearance over economic substance usually achieve little of either.
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Beware of geeks bearing formulas.
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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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People will always try to stop you from doing the right thing if it is unconventional.
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Games are won by players who focus on the playing field, not by those whose eyes are glued to the scoreboard.
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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 past history was all that is needed to play the game of money, the richest people would be librarians.
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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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The difference between successful people and really successful people is that really successful people say no to almost everything.
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In the world of business, the people who are most successful are those who are doing what they love.
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The Happiest people do not necessarily have the best things. They simply appreciate the things they have.
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