An investor should act as though he had a lifetime decision card with just twenty punches on it.
WARREN BUFFETTTime is the friend of the wonderful company, the enemy of the mediocre.
More Warren Buffett Quotes
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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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You only have to do a very few things right in your life so long as you don’t do too many things wrong.
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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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I do know that when I am 60, I should be attempting to achieve different personal goals than those which had priority at age 20.
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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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Never ask a barber if you need a haircut.
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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.
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Read 500 pages every day. That’s how knowledge works. It builds up like compound interest.
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The secret to happiness is having low expectations.
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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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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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There’s class warfare, all right, but it’s my class, the rich class, that’s making war, and we’re winning.
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Risk comes from not knowing what you’re doing.
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The most important quality for an investor is temperament, not intellect.
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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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