Never depend on single income. Make investment to create a second source.
WARREN BUFFETTThe stock market is designed to transfer money from the active to the patient.
More Warren Buffett Quotes
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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 a business does well, the stock eventually follows.
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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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Time is the friend of the wonderful company, the enemy of the mediocre.
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In the business world, the rearview mirror is always clearer than the windshield.
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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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Intensity is the price of excellence.
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The most important investment you can make is in yourself.
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Price is what you pay. Value is what you get.
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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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Our favorite holding period is forever.
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If you buy things you do not need, soon you will have to sell things you need.
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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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Ignore the stock market, ignore the economy, and buy a business you understand.
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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