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Warren Buffett Quote - Other guys read Playboy. I read annual reports.

Other guys read Playboy. I read annual reports.

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Time is the friend of the wonderful company, the enemy of the mediocre.
WARREN BUFFETT

Business Company Enemy Friendship Time Wonderful
Read 500 pages every day. That’s how knowledge works. It builds up like compound interest.
WARREN BUFFETT

Book Build Compound Interest Knowledge Learning Reading
Successful Investing takes time, discipline and patience.
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Business Discipline Investment Patience Success Time
Rule No. 1: Never lose money. Rule No. 2: Never forget rule No.1
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Business Forget Lose Money Rule
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.
WARREN BUFFETT

Fear Greedy Human Nature Rich Secret Street
Other guys read Playboy. I read annual reports.
WARREN BUFFETT

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Failure comes from ego, greed, envy, fear, imitation. I have success not because I am smart, but because I am rational.
WARREN BUFFETT

Come Ego Envy Failure Fear Rational Smart Success
Forecasts may tell you a great deal about the forecaster; they tell you nothing about the future.
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Business Deal Forecast Future Greatness
What the wise do in the beginning, fools do in the end.
WARREN BUFFETT

Beginning Business Ending Wise
Why not invest your assets in the companies you really like? As Mae West said, ‘Too much of a good thing can be wonderful.
WARREN BUFFETT

Asset Business Company Investment Wonderful
An investor should act as though he had a lifetime decision card with just twenty punches on it.
WARREN BUFFETT

Act Decision Investment Lifetime
If you lose money for the firm, I will be forgiving. If you lose reputation, I will be ruthless.
WARREN BUFFETT

Business Cruel Forgiveness Lose Money Reputation
Money is not everything. Make sure you earn a lot before speaking such nonsense.
WARREN BUFFETT

Earn Money Nonsense Speak
I will tell you how to become rich. Close the doors. Be fearful when others are greedy. Be greedy when others are fearful.
WARREN BUFFETT

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In the long run managements stressing accounting appearance over economic substance usually achieve little of either.
WARREN BUFFETT

Account Achievement Appearance Economics Management Stress Substance
I try to invest in businesses that are so wonderful that an idiot can run them. Because sooner or later, one will.
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