Saturday

Warren Buffet (2)

Here are some more quotes by one of the world's best known billionaire!

"If past history was all there was to the game, the richest people would be librarians."

In the business world, the rearview mirror is always clearer than the windshield.

It takes 20 years to build a reputation and five minutes to ruin it. If you think about that, you'll do things differently.

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's far better to buy a wonderful company at a fair price than a fair company at a wonderful price.

Let blockheads read what blockheads wrote.

Look at market fluctuations as your friend rather than your enemy; profit from folly rather than participate in it.

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.

Only buy something that you'd be perfectly happy to hold if the market shut down for 10 years.

Only when the tide goes out do you discover who's been swimming naked.

Our favorite holding period is forever.

Price is what you pay. Value is what you get.

Risk comes from not knowing what you're doing.



previous Warren Buffet Quotes
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