“There comes a time when you ought to start doing what you want. Take a job that you love. You will jump out of bed in the morning. 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?”
Category Archives: Warren Buffett
Warren Edward Buffett (born August 30, 1930) is an American business magnate, investor, and philanthropist. He is widely considered the most successful investor of the 20th century. Buffett is the chairman, CEO and largest shareholder of Berkshire Hathaway and consistently ranked among the world’s wealthiest people. He was ranked as the world’s wealthiest person in 2008 and as the third wealthiest person in 2011. In 2012, American magazine Time named Buffett one of the most influential people in the world. Buffett is called the “Wizard of Omaha”, “Oracle of Omaha”, or the “Sage of Omaha” and is noted for his adherence to the value investing philosophy and for his personal frugality despite his immense wealth. Buffett is also a notable philanthropist, having pledged to give away 99 percent of his fortune to philanthropic causes, primarily via the Gates Foundation. On April 11, 2012, he was diagnosed with prostate cancer, for which he completed treatment in September 2012. Warren Buffett, an 82-year-old American worth about $44 billion and nicknamed the “Oracle of Omaha”, is the most quoted investor on the planet and countless financial experts swear by his words of wisdom.
Interest
“Most people get interested in stocks when everyone else is. The time to get interested is when no one else is. You can’t buy what is popular and do well.”
Tackles a business with a reputation
“When a management with a reputation for brilliance tackles a business with a reputation for bad economics, it is usually the reputation of the business that remains intact.”
Buy wonderful
“It’s far better to buy a wonderful company at a fair price than a fair company at a wonderful price.”
Greed, fear or folly
“The fact that people will be full of greed, fear or folly is predictable. The sequence is not predictable.”
Good at one thing
“If you’re good at one thing, you’re not necessarily good at another. You ought to use your talents where they’re most useful and get others to use theirs.”
Never count on making a good sale
Never count on making a good sale. Have the purchase price be so attractive that even a mediocre sale gives good results.
Same things = Same Result
“You know … you keep doing the same things and you keep getting the same result over and over again.”
Ignorance and Leverage
“When you combine ignorance and leverage, you get some pretty interesting results.”
Socks or Stocks
“Whether we’re talking about socks or stocks, I like buying quality merchandise when it is marked down.”
Life- A long Hill
“Life is like a snowball. The important thing is finding wet snow and a really long hill. ”
Forecast- a Future Prediction
“Forecasts may tell you a great deal about the forecaster; they tell you nothing about the future.”
Saving Money
“It’s nice to have a lot of money, but you know, you don’t want to keep it around forever. I prefer buying things. Otherwise, it’s a little like saving sex for your old age.”
Rich
“I always knew I was going to be rich. I don’t think I ever doubted it for a minute. ”
Rearview Mirror
“In the business world, the rearview mirror is always clearer than the windshield.”
Poker
“If you’ve been playing poker for half an hour and you still don’t know who the patsy is, you’re the patsy.”
Baby-Talent, Efforts
“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.”
Human characteristic
“There seems to be some perverse human characteristic that likes to make easy things difficult. ”
Drift in that direction
“It’s better to hang out with people better than you. Pick out associates whose behavior is better than yours and you’ll drift in that direction.”
Never lose money
“Rule No. 1 : Never lose money. Rule No. 2 : Never forget Rule No. 1.”
