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.
WARREN BUFFETTI learned to go into business only with people whom I like, trust, and admire.
More Warren Buffett Quotes
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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 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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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 long run managements stressing accounting appearance over economic substance usually achieve little of either.
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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.
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Chains of habit are too light to be felt until they are too heavy to be broken.
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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.
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Read 500 pages every day. That’s how knowledge works. It builds up like compound interest.
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You can’t make a good deal with a bad person.
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The stock market is designed to transfer money from the active to the patient.
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The greatest investment a young person can make is in their own education, in their own mind. Because money comes and goes. Relationships come and go. But what you learn once stays with you forever.
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Intensity is the price of excellence.
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If you don’t find a way to make money while you sleep, you will work until you die.
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It’s much easier to stay out of trouble now than to get out of trouble later.
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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.
WARREN BUFFETT