Life is like a snowball. The important thing is finding wet snow and a really long hill.
WARREN BUFFETTWriting a check separates a commitment from a conversation.
More Warren Buffett Quotes
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Diversification may preserve wealth, but concentration builds wealth.
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Rule No. 1: Never lose money. Rule No. 2: Never forget rule No.1
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Games are won by players who focus on the playing field, not by those whose eyes are glued to the scoreboard.
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Of the billionaires I have known, money just brings out the basic traits in them. If they were jerks before they had money, they are simply jerks with a billion dollars.
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Time is the friend of the wonderful company, the enemy of the mediocre.
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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.
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If you buy things you do not need, soon you will have to sell things you need.
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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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It’s far better to buy a wonderful company at a fair price, than a fair company at a wonderful price.
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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.
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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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Price is what you pay. Value is what you get.
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When you combine ignorance and leverage, you get some pretty interesting results.
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You’ve gotta keep control of your time, and you can’t unless you say no. You can’t let people set your agenda in life.
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We simply attempt to be fearful when others are greedy and to be greedy only when others are fearful.
WARREN BUFFETT