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.
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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If you lose money for the firm, I will be forgiving. If you lose reputation, I will be ruthless.
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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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Never be afraid to ask for too much when selling or offer too little when buying.
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Do not save what is left after spending; instead spend what is left after saving.
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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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The rich invest in time, the poor invest in money.
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You can’t make a good deal with a bad person.
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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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Learning how to live is much more important than learning how to make a living.
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Calling someone who trades actively in the market an investor is like calling someone who repeatedly engages in one-night stands a romantic.
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A public-opinion poll is no substitute for thought.
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Stocks are the only thing that people are happy to buy when the price goes up.
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Writing a check separates a commitment from a conversation.
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It’s much easier to stay out of trouble now than to get out of trouble later.
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The most important thing to do if you find yourself in a hole is to stop digging.
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Outstanding long-term results are produced primarily by avoiding dumb decisions, rather than by making brilliant ones.
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Ignore the stock market, ignore the economy, and buy a business you understand.
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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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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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You’ve gotta keep control of your time, and you can’t unless you say no. You can’t let people set your agenda in life.
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The dumbest reason in the world to buy a stock is because it’s going up.
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Successful Investing takes time, discipline and patience.
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I learned to go into business only with people whom I like, trust, and admire.
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Never test the depth of river with both the feet.
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It’s good to learn from your mistakes. It’s better to learn from other people’s mistakes.
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We don’t have to be smarter than the rest. We have to be more disciplined than the rest.
WARREN BUFFETT