It’s much easier to stay out of trouble now than to get out of trouble later.
WARREN BUFFETTTime is the friend of the wonderful company, the enemy of the mediocre.
More Warren Buffett Quotes
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Never test the depth of river with both the feet.
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We simply attempt to be fearful when others are greedy and to be greedy only when others are fearful.
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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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In the long run managements stressing accounting appearance over economic substance usually achieve little of either.
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It’s only when the tide goes out that you discover who’s been swimming naked.
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Honesty is a very expensive gift, Don’t expect it from cheap people.
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I will tell you how to become rich. Close the doors. Be fearful when others are greedy. Be greedy when others are fearful.
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Intensity is the price of excellence.
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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.
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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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Never depend on single income. Make investment to create a second source.
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What the wise do in the beginning, fools do in the end.
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Time is the friend of the wonderful company, the enemy of the mediocre.
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Diversification is protection against ignorance. It makes little sense if you know what you are doing.
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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.
WARREN BUFFETT