Art of Wisdom
Warren Buffet
Warren Buffet
“The stock market is a mechanism for transferring money from impatient people to patient people.”
“A fool with a plan can beat a genius without a plan.”
“Honesty is a very expensive gift, don't expect it from cheap people.”
“You want to be rich? Be cowardly when everyone else is greedy. Be greedy when everyone else is afraid.”
“If you don't take risks, you work for someone who has.”
“It takes twenty years to build a reputation and five minutes to destroy it.”
“Even if you distribute all the money in the world equally, after a while the rich will still be rich and the poor will still be poor.”
“If your salary is your only source of income, you are one step away from poverty.”
“Look for three things in a person: intelligence, heart and honesty. If you don't have the last one, don't bother with the first two.”
“I broke Noah's rule; it's not about predicting the rain, it's about building the ark.”
“Risk is when you don't know what you're doing.”
“People don't have the patience to spend three years building their own business, but they have the patience to work for others for forty years.”
“If you have an emotional reaction to everything you are told, you will continue to suffer.”
“We don't have to be smarter than others. We have to be more disciplined than others.”
“Don't save after you spend. Spend after you save.”