WARREN BUFFETT'S FAMOUS QUOTES ABOUT LIFE, BUSINESS & INVESTING

 WARREN BUFFETT'S FAMOUS QUOTES ABOUT LIFE, BUSINESS & INVESTING

1. Invest in companies you believe in.- “It's far better to buy a wonderful company at a fair price than a fair company at a wonderful price.”

2.Price and value aren’t always the same: - Don’t pay too much.“Price is what you pay. Value is what you get.”

3.Be skeptical. If something looks too good to be true - “A simple rule dictates my buying: Be fearful when others are greedy, and be greedy when others are fearful.”

4.Don’t invest in something you don’t understand. - “The important thing is to know what you know and know what you don’t know.”

5.Don’t buy a stock unless you think it’s undervalued.- “Just buy something for less than it’s worth.”

6.Price dips are an opportunity to increase your positions.- “Whether we’re talking about socks or stocks, I like buying quality merchandise when it is marked down.”

7.Use a bucket, not a spoon.- “Every decade or so, dark clouds will fill the economic skies, and they will briefly rain gold.”

8.Seize an opportunity while you can.- “Don’t pass up something that’s attractive today because you think you will find something better tomorrow.”

9.Stay cool.- “The sillier the market’s behavior, the greater the opportunity for the businesslike investor.”

10.It’s during hard times that the winners — and losers — get exposed.- “You only learn who has been swimming naked when the tide goes out.”

11.Read and think A LOT. Buffett spends the majority of his day — 80% — reading and thinking.- “The best way to think about investments is to be in a room with no one else and to just think. If that doesn’t work, nothing else is going to work.”

12. Follow the rules - “Rule No. 1 is never lose money. Rule No. 2 is never forget Rule No. 1.”

13.Be frugal.-“I have every possession I want. I have a lot of friends who have a lot more possessions. But in some cases, I feel the possession possesses them, rather than the other way around.”

14.“Someone’s sitting in the shade today because someone planted a tree a long time ago.”

15.“Never depend on a single income. Make an investment to create a second source.”