If you buy things you do not need, soon you will have to sell things you need.
WARREN BUFFETTNever depend on single income. Make investment to create a second source.
More Warren Buffett Quotes
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Never ask a barber if you need a haircut.
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Never test the depth of river with both the feet.
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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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Other guys read Playboy. I read annual reports.
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If you’re in the luckiest one percent of humanity, you owe it to the rest of humanity to think about the other 99 percent.
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Only buy something that you’d be perfectly happy to hold if the market shut down for 10 years.
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Diversification is protection against ignorance. It makes little sense if you know what you are doing.
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What the wise do in the beginning, fools do in the end.
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The business schools reward difficult complex behavior more than simple behavior, but simple behavior is more effective.
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Someone’s sitting in the shade today because someone planted a tree a long time ago.
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Why not invest your assets in the companies you really like? As Mae West said, ‘Too much of a good thing can be wonderful.
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Tell me who your heroes are and I’ll tell you how you’ll turn out to be.
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Remember that the stock market is a manic depressive.
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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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You can’t make a good deal with a bad person.
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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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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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Money is not everything. Make sure you earn a lot before speaking such nonsense.
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Writing a check separates a commitment from a conversation.
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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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It’s much easier to stay out of trouble now than to get out of trouble later.
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Ignore the stock market, ignore the economy, and buy a business you understand.
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Do not save what is left after spending; instead spend what is left after saving.
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Failing conventionally is the route to go; as a group, lemmings may have a rotten image, but no individual lemming has ever received bad press.
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Intensity is the price of excellence.
WARREN BUFFETT