Berkshire Hathaway
Since 1964, when Warren - and, some years later, Charlie - assumed management of Berkshire, its market value has increased an astonishing 13,500 times, from $10 million to roughly $135 billion, without much of an increase in outstanding shares.
Warren Buffet quotes
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.
It takes 20 years to build a reputation and 5 minutes to ruin it. If you think about that, you’ll do things differently.
It is not necessary to do extraordinary things to get extraordinary results.
You are neither right nor wrong because the crowd disagrees with you. You are right because your data and reasoning are right.
We don’t have to be smarter than the rest. We have to be more disciplined than the rest.
You can’t make a good deal with a bad person.
Someone’s sitting in the shade today because someone planted a tree a long time ago.
The first rule is not to lose money. The second rule is not to forget the first rule.
Never invest in a business you can’t understand.
It’s far better to buy a wonderful company at a fair price than a fair company at a wonderful price.
There seems to be some perverse human characteristic that likes to make easy things difficult.
We always live in an uncertain world. What is certain is that the United States will go forward over time.
Never give up searching for the job that you are passionate about.
If you cannot control your emotions you cannot control your money.
Don’t save what is left after spending. Spend what is left after saving.
If you don’t find a way to make money while you sleep, you will work until the day you die.
What the wise do in the beginning, the fools do in the end.
It’s not easy to get rich quick.
Find a way to make money while you sleep.
If you’re smart, you’re going to make a lot of money without borrowing.
The happiest people do not necessarily have the best of all. They simply appreciate the things they have.
People always ask me where they should go to work. And I always tell them to go to work for whom they admire the most.
No matter how great the talent or efforts, some things just take time. You can’t produce a baby in one month month by getting nine women pregnant.
Honesty is a very expensive gift. Do not expect it from cheap people.
Successful investing takes time, discipline and patience.
The rich invest in time, the poor invest in money.
Price is what you pay, value is what you get.
Time is the friend of the wonderful company and the enemy of the mediocre one.
If you are not willing to own stock for 10 years, don’t even think about owning it for 10 minutes.
The key to success is emotional stability.
You cannot reach success in investment if you do not think independently.
Never test the depth of a river with both feet.
Never depend on a single income. Make an investment to create a second source.
You do smart things, you eventually get very rich.
The investor of today does not profit from yesterday’s growth.
More people fail because of liquor and leverage. Leverage being borrowed money.
Without passion you don’t have energy. Without energy you have nothing.