It takes 20 years to build a reputation and five minuted to ruin it. If you think about that you’ll do things differently.
WARREN BUFFETTOther guys read Playboy. I read annual reports.
More Warren Buffett Quotes
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If past history was all that is needed to play the game of money, the richest people would be librarians.
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Trust is like the air we breathe. When it’s present, nobody really notices; when it’s absent, everybody notices.
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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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Our favorite holding period is forever.
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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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People will always try to stop you from doing the right thing if it is unconventional.
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Never test the depth of river with both the feet.
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Price is what you pay. Value is what you get.
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The stock market is designed to transfer money from the active to the patient.
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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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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 good to learn from your mistakes. It’s better to learn from other people’s mistakes.
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A public-opinion poll is no substitute for thought.
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The dumbest reason in the world to buy a stock is because it’s going up.
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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.
WARREN BUFFETT