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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When people tell me they’ve learned from experience, I tell them the trick is to learn from other people’s experience.
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What the wise do in the beginning, fools do in the end.
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When you combine ignorance and leverage, you get some pretty interesting results.
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You can’t make a good deal with a bad person.
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Intensity is the price of excellence.
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The Happiest people do not necessarily have the best things. They simply appreciate the things they have.
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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.
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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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Tell me who your heroes are and I’ll tell you how you’ll turn out to be.
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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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Learning how to live is much more important than learning how to make a living.
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The greatest investment a young person can make is in their own education, in their own mind. Because money comes and goes. Relationships come and go. But what you learn once stays with you forever.
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It’s nice to have a lot of money, but you know, you don’t want to keep it around forever. I prefer buying things. Otherwise, it’s a little like saving sex for your old age.
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Never test the depth of river with both the feet.
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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.
WARREN BUFFETT