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.
WARREN BUFFETTI 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.
More Warren Buffett Quotes
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Time is the friend of the wonderful company, the enemy of the mediocre.
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It’s much easier to stay out of trouble now than to get out of trouble later.
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Read 500 pages every day. That’s how knowledge works. It builds up like compound interest.
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In the long run managements stressing accounting appearance over economic substance usually achieve little of either.
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Beware of geeks bearing formulas.
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When you combine ignorance and leverage, you get some pretty interesting results.
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There seems to be some perverse human characteristic that likes to make easy things difficult.
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It’s better to hang out with people better than you. Pick out associates whose behavior is better than yours and you’ll drift in that direction.
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Opportunities come infrequently. When it rains gold, put out the bucket, not the thimble.
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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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Do not save what is left after spending; instead spend what is left after saving.
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If you’re in the luckiest one percent of humanity, you owe it to the rest of humanity to think about the other 99 percent.
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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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Rule No. 1: Never lose money. Rule No. 2: Never forget rule No.1
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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.
WARREN BUFFETT