Failure comes from ego, greed, envy, fear, imitation. I have success not because I am smart, but because I am rational.
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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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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Risk comes from not knowing what you’re doing.
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Never ask a barber if you need a haircut.
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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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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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If you lose money for the firm, I will be forgiving. If you lose reputation, I will be ruthless.
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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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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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Opportunities come infrequently. When it rains gold, put out the bucket, not the thimble.
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I try to invest in businesses that are so wonderful that an idiot can run them. Because sooner or later, one will.
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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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The more you learn, the more you’ll earn.
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Wall Street is the only place that people drive to in a Rolls Royce to take advice from people who ride the subway.
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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.
WARREN BUFFETT