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.
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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Life is like a snowball. The important thing is finding wet snow and a really long hill.
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In the business world, the rearview mirror is always clearer than the windshield.
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You only have to do a very few things right in your life so long as you don’t do too many things wrong.
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I never invest in anything that I don’t understand.
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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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Never be afraid to ask for too much when selling or offer too little when buying.
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The dumbest reason in the world to buy a stock is because it’s going up.
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Other guys read Playboy. I read annual reports.
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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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Outstanding long-term results are produced primarily by avoiding dumb decisions, rather than by making brilliant ones.
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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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Never depend on single income. Make investment to create a second source.
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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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We don’t get paid for being busy, we get paid for being right.
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