Learning how to live is much more important than learning how to make a living.
WARREN BUFFETTTrust is like the air we breathe. When it’s present, nobody really notices; when it’s absent, everybody notices.
More Warren Buffett Quotes
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Rule No. 1: Never lose money. Rule No. 2: Never forget rule No.1
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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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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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The business schools reward difficult complex behavior more than simple behavior, but simple behavior is more effective.
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In the business world, the rearview mirror is always clearer than the windshield.
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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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People will always try to stop you from doing the right thing if it is unconventional.
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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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Calling someone who trades actively in the market an investor is like calling someone who repeatedly engages in one-night stands a romantic.
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The Happiest people do not necessarily have the best things. They simply appreciate the things they have.
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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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Someone’s sitting in the shade today because someone planted a tree a long time ago.
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We don’t get paid for being busy, we get paid for being right.
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Of the billionaires I have known, money just brings out the basic traits in them. If they were jerks before they had money, they are simply jerks with a billion dollars.
WARREN BUFFETT