You don’t need to have extraordinary effort to achieve extraordinary results. You just need to do the ordinary, everyday things exceptionally well.
WARREN BUFFETTIt’s much easier to stay out of trouble now than to get out of trouble later.
More Warren Buffett Quotes
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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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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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Rule No. 1: Never lose money. Rule No. 2: Never forget rule No.1
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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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Never test the depth of river with both the feet.
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Trust is like the air we breathe. When it’s present, nobody really notices; when it’s absent, everybody notices.
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A public-opinion poll is no substitute for thought.
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Never depend on single income. Make investment to create a second source.
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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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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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Time is the friend of the wonderful company, the enemy of the mediocre.
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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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If a business does well, the stock eventually follows.
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If you buy things you do not need, soon you will have to sell things you need.
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The business schools reward difficult complex behavior more than simple behavior, but simple behavior is more effective.
WARREN BUFFETT