The rich invest in time, the poor invest in money.
WARREN BUFFETTWhen people tell me they’ve learned from experience, I tell them the trick is to learn from other people’s experience.
More Warren Buffett Quotes
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Read 500 pages every day. That’s how knowledge works. It builds up like compound interest.
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The stock market is designed to transfer money from the active to the patient.
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Ignore the stock market, ignore the economy, and buy a business you understand.
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Learning how to live is much more important than learning how to make a living.
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If you aren’t thinking about owning a stock for 10 years, don’t even think about owning it for 10 minutes.
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I learned to go into business only with people whom I like, trust, and admire.
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There’s class warfare, all right, but it’s my class, the rich class, that’s making war, and we’re winning.
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If you don’t find a way to make money while you sleep, you will work until you die.
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Honesty is a very expensive gift, Don’t expect it from cheap people.
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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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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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Rule No. 1: Never lose money. Rule No. 2: Never forget rule No.1
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Beware of geeks bearing formulas.
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Writing a check separates a commitment from a conversation.
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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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I always knew I was going to be rich. I don’t think I ever doubted it for a minute.
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Life is like a snowball. The important thing is finding wet snow and a really long hill.
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Other guys read Playboy. I read annual reports.
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You don’t need to have extraordinary effort to achieve extraordinary results. You just need to do the ordinary, everyday things exceptionally well.
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Our favorite holding period is forever.
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Risk comes from not knowing what you’re doing.
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Diversification may preserve wealth, but concentration builds wealth.
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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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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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Price is what you pay. Value is what you get.
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Successful Investing takes time, discipline and patience.
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