If you aren’t thinking about owning a stock for 10 years, don’t even think about owning it for 10 minutes.
WARREN BUFFETTLife is like a snowball. The important thing is finding wet snow and a really long hill.
More Warren Buffett Quotes
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Intensity is the price of excellence.
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I will tell you how to become rich. Close the doors. Be fearful when others are greedy. Be greedy when others are fearful.
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Never depend on single income. Make investment to create a second source.
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Stocks are the only thing that people are happy to buy when the price goes up.
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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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Successful Investing takes time, discipline and patience.
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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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The most important thing to do if you find yourself in a hole is to stop digging.
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If you cannot control your emotions, you cannot control your money.
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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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If past history was all that is needed to play the game of money, the richest people would be librarians.
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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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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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In the business world, the rearview mirror is always clearer than the windshield.
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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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