It takes 20 years to build a reputation and five minutes to ruin it. If you think about that, you'll do things differently.
Someone's sitting in the shade today because someone planted a tree a long time ago.
A very rich person should leave his kids enough to do anything but not enough to do nothing.
Risk comes from not knowing what you're doing.
Managers thinking about accounting issues should never forget one of Abraham Lincoln's favorite riddles: `How many legs does a dog have if you call his tail a leg?' The answer: `Four, because calling a tail a leg does not make it a leg'.
Price is what you pay. Value is what you get.
Wall Street is the only place that people ride to work in a Rolls Royce to get advice from those who take the subway.
I will tell you how to become rich. Close the doors. Be fearful when others are greedy. Be greedy when others are fearful. Lecturing to a group of students at Columbia U. He was 21 years old.
One’s objective should be to get it right, get it quick, get it out, and get it over... your problem won’t improve with age.
There seems to be some perverse human characteristic that likes to make easy things difficult.
A public-opinion poll is no substitute for thought.
If you don't know jewelry, know the jeweller.
The most important quality for an investor is temperament, not intellect... You need a temperament that neither derives great pleasure from being with the crowd or against the crowd.
Rule No.1: Never lose money. Rule No.2: Never forget rule No.1.
It's only when the tide goes out that you learn who's been swimming naked.
