Diversification may preserve wealth, but concentration builds wealth.
WARREN BUFFETTOnly buy something that you’d be perfectly happy to hold if the market shut down for 10 years.
More Warren Buffett Quotes
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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 will tell you how to become rich. Close the doors. Be fearful when others are greedy. Be greedy when others are fearful.
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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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What the wise do in the beginning, fools do in the end.
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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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The more you learn, the more you’ll earn.
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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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The stock market is designed to transfer money from the active to the patient.
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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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Read 500 pages every day. That’s how knowledge works. It builds up like compound interest.
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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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Stocks are the only thing that people are happy to buy when the price goes up.
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I am not a businessman, I am an artist.
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Chains of habit are too light to be felt until they are too heavy to be broken.
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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.
WARREN BUFFETT