A great business at a fair price is superior to a fair business at a great price.
You don’t have to be brilliant, only a little bit wiser than the other guys, on average, for a long, long time.
Three rules for a career: Don’t sell anything you wouldn’t buy yourself. Don’t work for anyone you don’t respect and admire. Work only with people you enjoy.
I won't bet $100 against house odds between now and the grave.
I believe in the discipline of mastering the best that other people have ever figured out. I don’t believe in just sitting down and trying to dream it all up yourself. Nobody’s that smart.
Without numerical fluency, in the part of life most of us inhabit, you are like a one-legged man in an ass-kicking contest.
The best thing a human being can do is to help another human being know more.
Over the very long term, history shows that the chances of any business surviving in a manner agreeable to a company's owners are slim at best.
Someone will always be getting richer faster than you. This is not a tragedy.
What's the best way to get a good spouse? The best single way is to deserve a good spouse because a good spouse is by definition not nuts.
It's not given to human beings to have such talent that they can just know everything about everything all the time. But it is given to human beings who work hard at it – who look and sift the world for a mispriced bet – that they can occasionally find one.
Acknowledging what you don’t know is the dawning of wisdom.
Determine value apart from price; progress apart from activity; wealth apart from size.
Remember that reputation and integrity are your most valuable assets – and can be lost in a heartbeat.
I think track records are very important. If you start early trying to have a perfect one in some simple thing like honesty, you’re well on your way to success in this world.
I’m right, and you’re smart, and sooner or later you’ll see I’m right.
We try more to profit from always remembering the obvious than from grasping the esoteric.
The safest way to try to get what you want is to try to deserve what you want. It’s such a simple idea. It’s the golden rule. You want to deliver to the world what you would buy if you were on the other end.
Intense interest in any subject is indispensable if you’re really going to excel in it.
It never ceases to amaze me to see how much territory can be grasped if one merely masters and consistently uses all the obvious and easily learned principles.