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.
Time is the friend of the wonderful company, the enemy of the mediocre.
In the business world, the rearview mirror is always clearer than the windshield.
The only way to get love is to be lovable. It’s very irritating if you have a lot of money. You’d like to think you could write a check: ‘I’ll buy a million dollars’ worth of love.’ But it doesn’t work that way. The more you give love away, the more you get.
I always knew I was going to be rich. I don’t think I ever doubted it for a minute.
We simply attempt to be fearful when others are greedy and to be greedy only when others are fearful.
Wall Street is the only place that people ride to in a Rolls Royce to get advice from those who take the subway.
I don’t look to jump over 7-foot bars: I look around for 1-foot bars that I can step over.
Beware of geeks bearing formulas.
When a management with a reputation for brilliance tackles a business with a reputation for bad economics, it is the reputation of the business that remains intact.
Should you find yourself in a chronically leaking boat, energy devoted to changing vessels is likely to be more productive than energy devoted to patching leaks.
Predicting rain doesn’t count. Building arks does.
It’s far better to buy a wonderful company at a fair price than a fair company at a wonderful price.
Rule No.1: Never lose money. Rule No.2: Never forget rule No.1.
Risk comes from not knowing what you’re doing.
Price is what you pay. Value is what you get.
It takes 20 years to build a reputation and five minutes to ruin it. If you think about that, you’ll do things differently.
Only when the tide goes out do you discover who’s been swimming naked.
Chains of habit are too light to be felt until they are too heavy to be broken.
The will is not free – it is a phenomenon bound by cause and effect – but there is something behind the will which is free.
Basically, when you get to my age, you’ll really measure your success in life by how many of the people you want to have love you actually do love you.
Someone is sitting in the shade today because someone planted a tree a long time ago.
In the 20th century, the United States endured two world wars and other traumatic and expensive military conflicts; the Depression; a dozen or so recessions and financial panics; oil shocks; a flu epidemic; and the resignation of a disgraced president. Yet the Dow rose from 66 to 11,497.
I buy expensive suits. They just look cheap on me.
Derivatives are financial weapons of mass destruction.
You only have to do a very few things right in your life so long as you don’t do too many things wrong.