Rule No.1: Never lose money. Rule No.2: Never forget rule No.1. Warren Buffett View this quote
To be successful, you should concentrate on the world of companies, not arcane accounting mathematics. Warren Buffett
Warren Buffett
Today people who hold cash equivalents feel comfortable. They shouldn’t. They have opted for a terrible long-term asset, one that pays virtually nothing and is certain to depreciate in value. Warren Buffett
Too often, a vast collection of possessions ends up possessing its owner. The asset I most value, aside from health, is interesting, diverse, and long-standing friends. Warren Buffett
Traditional wisdom is long on tradition and short on wisdom. Warren Buffett
Wall Street is the only place that people ride to in a Rolls Royce to get advice from those who take the subway. Warren Buffett
Wall Street makes its money on activity. You make your money on inactivity. Warren Buffett
We always live in an uncertain world. What is certain is that the United States will go forward over time. Warren Buffett
We always see shifts in employment. If you think about it, if you go back to 1800, it took 80 percent of the labor force to produce enough food for the country. Now it takes less than 3 percent. Well, the truth is that market systems move people around. Warren Buffett
We believe that according the name ‘investors’ to institutions that trade actively is like calling someone who repeatedly engages in one-night stands a ‘romantic.’ Warren Buffett
We can afford to lose money – even a lot of money. But we can’t afford to lose reputation – even a shred of reputation. Warren Buffett
American business magnate, investor, and philanthropist
August 30th, 1930