An investor should act as though he had a lifetime decision card with just twenty punches on it.
WARREN BUFFETTBuy 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.
More Warren Buffett Quotes
-
-
If you cannot control your emotions, you cannot control your money.
WARREN BUFFETT -
I do know that when I am 60, I should be attempting to achieve different personal goals than those which had priority at age 20.
WARREN BUFFETT -
I try to invest in businesses that are so wonderful that an idiot can run them. Because sooner or later, one will.
WARREN BUFFETT -
If you lose money for the firm, I will be forgiving. If you lose reputation, I will be ruthless.
WARREN BUFFETT -
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.
WARREN BUFFETT -
The secret to happiness is having low expectations.
WARREN BUFFETT -
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.
WARREN BUFFETT -
It’s far better to buy a wonderful company at a fair price, than a fair company at a wonderful price.
WARREN BUFFETT -
If past history was all that is needed to play the game of money, the richest people would be librarians.
WARREN BUFFETT -
Stocks are the only thing that people are happy to buy when the price goes up.
WARREN BUFFETT -
Opportunities come infrequently. When it rains gold, put out the bucket, not the thimble.
WARREN BUFFETT -
Diversification is protection against ignorance. It makes little sense if you know what you are doing.
WARREN BUFFETT -
In the business world, the rearview mirror is always clearer than the windshield.
WARREN BUFFETT -
Trust is like the air we breathe. When it’s present, nobody really notices; when it’s absent, everybody notices.
WARREN BUFFETT -
When people tell me they’ve learned from experience, I tell them the trick is to learn from other people’s experience.
WARREN BUFFETT