Be Fearful When Others Are Greedy and Greedy When Others Are Fearful
We simply attempt to be fearful when others are greedy and to be greedy only when others are fearful.
I could end the deficit in five minutes. You just pass a law that says that anytime there is a deficit of more than 3% of GDP all sitting members of congress are ineligible for reelection.
In the long run managements stressing accounting appearance over economic substance usually achieve little of either.
If you get to my age in life and nobody thinks well of you, I don't care how big your bank account is, your life is a disaster.
I insist on a lot of time being spent, almost every day, to just sit and think. That is very uncommon in American business. I read and think. So I do more reading and thinking, and make less impulse d...
I buy expensive suits. They just look cheap on me.
If a business does well, the stock eventually follows.
The difference between successful people and really successful people is that really successful people say no to almost everything.
Rule No.1: Never lose money. Rule No.2: Never forget rule No.1.
Never depend on single income. Make investment to create a second source.
Our favorite holding period is forever.
When you combine ignorance and leverage, you get some pretty interesting results.
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.
The smarter the journalists are, the better off society is. For to a degree, people read the press to inform themselves - and the better the teacher, the better the student body.
If past history was all there was to the game, the richest people would be librarians.
Derivatives are financial weapons of mass destruction.
If you don't find a way to make money while you sleep, you will work until you die.
Time is the friend of the wonderful company, the enemy of the mediocre.
Honesty is a very expensive gift, Don't expect it from cheap people.