An investor should act as though he had a lifetime decision card with just twenty punches on it.
WARREN BUFFETTNever test the depth of river with both the feet.
More Warren Buffett Quotes
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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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Failing conventionally is the route to go; as a group, lemmings may have a rotten image, but no individual lemming has ever received bad press.
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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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Calling someone who trades actively in the market an investor is like calling someone who repeatedly engages in one-night stands a romantic.
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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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Stocks are the only thing that people are happy to buy when the price goes up.
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Honesty is a very expensive gift, Don’t expect it from cheap people.
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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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Diversification is protection against ignorance. It makes little sense if you know what you are doing.
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Whatever you like to do, make it a hobby and whatever the world likes to do, make it a business.
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If a business does well, the stock eventually follows.
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If you aren’t thinking about owning a stock for 10 years, don’t even think about owning it for 10 minutes.
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What the wise do in the beginning, fools do in the end.
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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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Rule No. 1: Never lose money. Rule No. 2: Never forget rule No.1
WARREN BUFFETT