Intensity is the price of excellence.
WARREN BUFFETTIntensity is the price of excellence.
More Warren Buffett Quotes
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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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Read 500 pages every day. That’s how knowledge works. It builds up like compound interest.
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Price is what you pay. Value is what you get.
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Diversification may preserve wealth, but concentration builds wealth.
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Forecasts may tell you a great deal about the forecaster; they tell you nothing about the future.
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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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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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Never be afraid to ask for too much when selling or offer too little when buying.
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Failure comes from ego, greed, envy, fear, imitation. I have success not because I am smart, but because I am rational.
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People will always try to stop you from doing the right thing if it is unconventional.
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Rule No. 1: Never lose money. Rule No. 2: Never forget rule No.1
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Writing a check separates a commitment from a conversation.
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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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In the long run managements stressing accounting appearance over economic substance usually achieve little of either.
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I never invest in anything that I don’t understand.
WARREN BUFFETT