"Read 500 pages like this every day. That's how knowledge works. It builds up, like compound interest."
-- Warren Buffett"In the short run, the market is a voting machine but in the long run, it is a weighing machine."
-- Warren Buffett"If history was all there was to the game, the richest people would be librarians."
-- Warren Buffett"I don't look to jump over 7-foot bars: I look around for 1-foot bars that I can step over."
-- Warren Buffett"Predicting rain doesn't count. Building arks does."
-- Warren Buffett"The business schools reward difficult complex behavior more than simple behavior, but simple behavior is more effective."
-- Warren Buffett"Time is the friend of the wonderful company, the enemy of the mediocre."
-- Warren Buffett"Never invest in a business you cannot understand."
-- Warren Buffett"Wide diversification is only required when investors do not understand what they are doing."
-- Warren Buffett"Chains of habit are too light to be felt until they are too heavy to be broken."
-- Warren Buffett"I just sit in my office and read all day."
-- Warren Buffett"Do not save what is left after spending, but spend what is left after saving."
-- Warren Buffett"The most important quality for an investor is temperament, not intellect."
-- Warren Buffett"Never depend on a single income. Make investments to create a second source."
-- Warren Buffett"It's far better to buy a wonderful company at a fair price than a fair company at a wonderful price."
-- Warren Buffett"The stock market is a device for transferring money from the impatient to the patient."
-- Warren Buffett"Only when the tide goes out do you discover who's been swimming naked."
-- Warren Buffett"There seems to be some perverse human characteristic that likes to make easy things difficult."
-- Warren Buffett"Our favorite holding period is forever."
-- Warren Buffett"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."
-- Warren Buffett"Accounting is the language of business."
-- Warren Buffett"It's good to learn from your mistakes. It's better to learn from other people's mistakes."
-- Warren Buffett"Rule No. 1: Never lose money. Rule No. 2: Never forget Rule No. 1."
-- Warren Buffett"If you cannot control your emotions, you cannot control your money."
-- Warren Buffett