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.
WARREN BUFFETTOther guys read Playboy. I read annual reports.
More Warren Buffett Quotes
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I am not a businessman, I am an artist.
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We don’t get paid for being busy, we get paid for being right.
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I will tell you the secret to getting rich on Wall Street. You try to be greedy when others are fearful. And you try to be fearful when others are greedy.
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Other guys read Playboy. I read annual reports.
WARREN BUFFETT -
In looking for people to hire, you look for three qualities: integrity, intelligence, and energy.
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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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In the long run managements stressing accounting appearance over economic substance usually achieve little of either.
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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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Risk comes from not knowing what you’re doing.
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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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The key to success is emotional stability.
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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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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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The rich invest in time, the poor invest in money.
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Wall Street is the only place that people drive to in a Rolls Royce to take advice from people who ride the subway.
WARREN BUFFETT