Never ask a barber if you need a haircut.
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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The difference between successful people and really successful people is that really successful people say no to almost everything.
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What the wise do in the beginning, fools do in the end.
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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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The most important investment you can make is in yourself.
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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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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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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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It’s better to hang out with people better than you. Pick out associates whose behavior is better than yours and you’ll drift in that direction.
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It’s only when the tide goes out that you discover who’s been swimming naked.
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I never invest in anything that I don’t understand.
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The dumbest reason in the world to buy a stock is because it’s going up.
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The key to success is emotional stability.
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If you cannot control your emotions, you cannot control your money.
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Honesty is a very expensive gift, Don’t expect it from cheap people.
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Diversification may preserve wealth, but concentration builds wealth.
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There seems to be some perverse human characteristic that likes to make easy things difficult.
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The stock market is designed to transfer money from the active to the patient.
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When you combine ignorance and leverage, you get some pretty interesting results.
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Writing a check separates a commitment from a conversation.
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The secret to happiness is having low expectations.
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Risk comes from not knowing what you’re doing.
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Beware of geeks bearing formulas.
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Our favorite holding period is forever.
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Never test the depth of river with both the feet.
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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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An investor should act as though he had a lifetime decision card with just twenty punches on it.
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