Rule No.1: Never lose money. Rule No.2: Never forget rule No.1. Warren Buffett View this quote
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
Warren Buffett
One’s objective should be to get it right, get it quick, get it out and get it over. Your problem won’t improve with age. Warren Buffett
Only those who will be sellers of equities in the near future should be happy at seeing stocks rise. Prospective purchasers should much prefer sinking prices. Warren Buffett
Only when you combine sound intellect with emotional discipline do you get rational behavior. Warren Buffett
Other guys read Playboy. I read annual reports. Warren Buffett
Our approach is very much profiting from lack of change rather than from change. With Wrigley chewing gum, it’s the lack of change that appeals to me. I don’t think it is going to be hurt by the Internet. That’s the kind of business I like. Warren Buffett
Our goal is to find an outstanding business at a sensible price, not a mediocre business at a bargain price. Warren Buffett
Our leaders have asked for ‘shared sacrifice.’ But when they did the asking, they spared me. I checked with my mega-rich friends to learn what pain they were expecting. They, too, were left untouched. Warren Buffett
Our marketable equities tell us by their operating results – not by their daily, or even yearly, price quotations – whether our investments are successful. The market may ignore business success for a while, but eventually will confirm it. Warren Buffett
Our policy is to concentrate holdings. We try to avoid buying a little of this or that when we are only lukewarm about the business or its price. When we are convinced as to attractiveness, we believe in buying worthwhile amounts. Warren Buffett
American business magnate, investor, and philanthropist
August 30th, 1930