If you don’t find a way to make money while you sleep, you will work until you die.
The Greatest Enemies of Equity Investor are Expenses and Emotions.
You can’t make a good deal with a bad person.
I measure success by how many people love me.
You don’t need to be a rocket scientist. Investing is not a game where the guy with the 160 IQ beats the guy with 130 IQ.
Focus on your customers and lead your people as though their lives depend on your success.
I buy expensive suits. They just look cheap on me.
The most important investment you can make is in yourself.
In the world of business, the people who are most successful are those who are doing what they love.
The rich invest in time, the poor invest in money.
Wall Street is the only place that people ride to in a Rolls Royce to get advice from those who take the subway.
If you are in a poker game and after 20 minutes you don’t know who the patsy is, then you’re the patsy.
Time is the friend of the wonderful company, the enemy of the mediocre.
It is not necessary to do extraordinary things to get extraordinary results.
Our favorite holding period is forever.
Chains of habit are too light to be felt until they are too heavy to be broken.
The investor of today does not profit from yesterday’s growth.
Only buy something that you’d be perfectly happy to hold if the market shut down for 10 years.
You only have to do a very few things right in your life so long as you don’t do too many things wrong.
Not doing what we love in the name of greed is the very poor management of our lives.
If a business does well, the stock eventually follows.
Can you really explain to a fish what it’s like to walk on land? One day on land is worth a thousand years of talking about it, and one day running a business has exactly the same kind of value.
I don’t look to jump over 7-foot bars: I look around for 1-foot bars that I can step over.
It’s far better to buy a wonderful company at a fair price, than a fair company at a wonderful price.
You do things when the opportunities come along. I’ve had periods in my life when I’ve had a bundle of ideas come along, and I’ve had long dry spells. If I get an idea next week, I’ll do something. If not, I won’t do a damn thing.
In the business world, the rear view mirror is always clearer than the windshield.
I always knew I was going to be rich. I don’t think I ever doubted it for a minute.
Without passion, you don’t have energy. Without energy, you have nothing.
Predicting rain doesn’t count. Building arks does.
Money is not everything. Make sure you earn a lot before speaking such nonsense.
If you’re in the luckiest 1% of humanity, you owe it to the rest of humanity to think about the other 99%.
It takes 20 years to build a reputation and five minutes to ruin it. If you think about that, you’ll do things differently.
The most important thing to do if you find yourself in a hole is to stop digging.
Never invest in a business you cannot understand.
A very rich person should leave his kids enough to do anything, but not enough to do nothing.
Someone is sitting in the shade today because someone planted a tree a long time ago.
Honesty is a very expensive gift, don’t expect it from cheap people.
Rule No. 1: Never lose money. Rule No. 2: Never forget Rule No.1.
Risk comes from not knowing what you are doing.
Be fearful when others are greedy and greedy when others are fearful.