Here is a collection of quotes attributed to Warrent Buffet.
Q: "What's the biggest mistake we make when it comes to money?"
A: "Well, I think the biggest mistake is not learning the habits of saving properly early. Because saving is a habit. And then, trying to get rich quick. It's pretty easy to get well-to-do slowly. But it's not easy to get rich quick."
Pieces of wisdom in letters addressed to Berkshire Hathaway shareholders.
And some more at Forbes.
Someone is sitting in the shade today because someone else planted a tree long ago.
It takes 20 years to build a reputation and five minutes to ruin it. If you think about that, you’ll do things differently.
A public-opinion poll is no substitute for thought.
There seems to be some perverse human characteristic that likes to make easy things difficult.
Time is the friend of the wonderful company, the enemy of the mediocre.
Your premium brand had better be delivering something wonderful, or it’s not going to get the business.
When forced to choose, I will not trade even a night’s sleep for the chance of extra profits.
Honesty is a very expensive gift – don’t expect it from cheap people.
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 think you are out of your mind if you keep taking jobs that you don’t like because you think it will look good on your resume. Isn’t that a little like saving up sex for your old age?
If you’re in the luckiest 1 percent of humanity, you owe it to the rest of humanity to think about the other 99 percent.
Too often, a vast collection of possessions ends up possessing its owner. The asset I most value, aside from health, is interesting, diverse, and long-standing friends.
You can’t make a good deal with a bad person.
Money will not change how healthy you are or how many people love you.
It’s much easier to stay out of trouble now than to get out of trouble later.
The trick is, when there is nothing to do, do nothing.
No matter how great the talent or efforts, some things just take time. You can’t produce a baby in one month by getting nine women pregnant.
If principles can become dated, they’re not principles.
Don’t risk what is important to you, to get what is not important to you.
You are neither right nor wrong because the crowd disagrees with you.
Good profits simply are not inconsistent with good behavior.
We intend to continue our practice of working only with people whom we like and admire. This policy not only maximizes our chances for good results, it also ensures us an extraordinarily good time.
Never lie under any circumstances.