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 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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Risk comes from not knowing what you’re doing.
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Someone’s sitting in the shade today because someone planted a tree a long time ago.
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What the wise do in the beginning, fools do in the end.
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Diversification may preserve wealth, but concentration builds wealth.
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Diversification is protection against ignorance. It makes little sense if you know what you are doing.
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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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Beware of geeks bearing formulas.
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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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It’s far better to buy a wonderful company at a fair price, than a fair company at a wonderful price.
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Wall Street is the only place that people drive to in a Rolls Royce to take advice from people who ride the subway.
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There seems to be some perverse human characteristic that likes to make easy things difficult.
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In the world of business, the people who are most successful are those who are doing what they love.
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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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Do not save what is left after spending; instead spend what is left after saving.
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The key to success is emotional stability.
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