I made my first investment at age eleven. I was wasting my life up until then.
Investing is forgoing consumption now in order to have the ability to consume more at a later date.
If you buy things you do not need, soon you will have to sell things you need.
Our goal is to find an outstanding business at a sensible price, not a mediocre business at a bargain price.
Never risk what you have and need for what we don’t have and don’t need.
Don’t pass up something that’s attractive today because you think you will find something way more attractive tomorrow.
Always invest for the long term.
If at first you do succeed, quit trying in investing.
My wealth has come from a combination of living in America, some lucky genes, and compound interest.
The best investment you can make is in yourself.
There are all kinds of businesses that Charlie and I don’t understand, but that doesn’t cause us to stay up at night. It just means we go on to the next one, and that’s what the individual investor should do.
Investing is simple, but not easy.
Never depend on a single income. Make investments to create a second source.
Investment must be rational; if you can’t understand it, don’t do it.
The wise man once said, ‘Invest young.’
Investment philosophy is the clear understanding that by owning shares of stocks, one owns businesses, not pieces of paper.
Don’t wait to buy land, Buy land and wait. Find out where the people are going and buy the land before they get there.
The world is yours and everything in it, it’s out there- get on your grind and get it.
Money cannot purchase joy. It buys temporary distractions.
Wealth is a measure of a person’s ability to survive so many days forward.