It’s good to learn from your mistakes. It’s better to learn from other people’s mistakes.
WARREN BUFFETTIf you lose money for the firm, I will be forgiving. If you lose reputation, I will be ruthless.
More Warren Buffett Quotes
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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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If a business does well, the stock eventually follows.
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Our favorite holding period is forever.
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The difference between successful people and really successful people is that really successful people say no to almost everything.
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In looking for people to hire, you look for three qualities: integrity, intelligence, and energy.
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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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Rule No. 1: Never lose money. Rule No. 2: Never forget rule No.1
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Tell me who your heroes are and I’ll tell you how you’ll turn out to be.
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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.
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Successful Investing takes time, discipline and patience.
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An investor should act as though he had a lifetime decision card with just twenty punches on it.
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When people tell me they’ve learned from experience, I tell them the trick is to learn from other people’s experience.
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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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Other guys read Playboy. I read annual reports.
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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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