Trust is like the air we breathe. When it’s present, nobody really notices; when it’s absent, everybody notices.
WARREN BUFFETTChains of habit are too light to be felt until they are too heavy to be broken.
More Warren Buffett Quotes
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Remember that the stock market is a manic depressive.
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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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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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Never test the depth of river with both the feet.
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We simply attempt to be fearful when others are greedy and to be greedy only when others are fearful.
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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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An investor should act as though he had a lifetime decision card with just twenty punches on it.
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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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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.
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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 never invest in anything that I don’t understand.
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If a business does well, the stock eventually follows.
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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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Price is what you pay. Value is what you get.
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Never depend on single income. Make investment to create a second source.
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Stocks are the only thing that people are happy to buy when the price goes up.
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We don’t get paid for being busy, we get paid for being right.
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Learning how to live is much more important than learning how to make a living.
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People will always try to stop you from doing the right thing if it is unconventional.
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There seems to be some perverse human characteristic that likes to make easy things difficult.
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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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The rich invest in time, the poor invest in money.
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It’s far better to buy a wonderful company at a fair price, than a fair company at a wonderful price.
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The most important quality for an investor is temperament, not intellect.
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