Diversification may preserve wealth, but concentration builds wealth.
WARREN BUFFETTFailing conventionally is the route to go; as a group, lemmings may have a rotten image, but no individual lemming has ever received bad press.
More Warren Buffett Quotes
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Someone’s sitting in the shade today because someone planted a tree a long time ago.
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Never ask a barber if you need a haircut.
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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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Life is like a snowball. The important thing is finding wet snow and a really long hill.
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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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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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When you combine ignorance and leverage, you get some pretty interesting results.
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I am not a businessman, I am an artist.
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The greatest investment a young person can make is in their own education, in their own mind. Because money comes and goes. Relationships come and go. But what you learn once stays with you forever.
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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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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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In looking for people to hire, you look for three qualities: integrity, intelligence, and energy.
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Whatever you like to do, make it a hobby and whatever the world likes to do, make it a business.
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Learning how to live is much more important than learning how to make a living.
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If a business does well, the stock eventually follows.
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