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Warren Buffett Quotes

"Diversification is protection against ignorance. It makes little sense if you know what you are doing""In the world of business, the people who are most successful are those who are doing what they love""The business schools reward difficult complex behavior more than simple behavior, but simple behavior is more effective""I never attempt to make money on the stock market. I buy on the assumption that they could close the market the next day and not reopen it for five years""It’s only when the tide goes out that you learn who’s been swimming naked""It’s far better to buy a wonderful company at a fair price than a fair company at a wonderful price""Risk comes from not knowing what you’re doing""Rule No. 1: Never lose money. Rule No. 2: Never forget rule No. 1""The stock market is designed to transfer money from the Active to the Patient""Our favorite holding period is forever""The most important investment you can make is in yourself""Chains of habit are too light to be felt until they are too heavy to be broken""In the business world, the rearview mirror is always clearer than the windshield""Price is what you pay; value is what you get""Someone's sitting in the shade today because someone planted a tree a long time ago""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""The difference between successful people and really successful people is that really successful people say no to almost everything""You only have to do a few things right in your life so long as you don't do too many things wrong""Time is the friend of the wonderful company, the enemy of the mediocre""The happiest people do not necessarily have the best things. They simply appreciate the things they have"