Warren Buffett

Never invest in a business you can’t understand.

If past history was all that is needed to play the game of money, the richest people would be librarians.

Without passion, you don’t have energy. Without energy, you have nothing.

Successful investing takes time, discipline and patience. 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.

Our favorite holding period is forever.

Can you really explain to a fish what it’s like to walk on land? One day on land is worth a thousand years of talking about it, and one day running a business has exactly the same kind of value.

One merit of poetry few persons will deny: it says more and in fewer words than prose.

Curiosity is one of the most permanent and certain characteristics of a vigorous intellect.

I cannot forecast to you the action of Russia. It is a riddle wrapped in a mystery inside an enigma; but perhaps there is a key. That key is Russian national interest.

There mark what ills the scholar’s life assail, toil, envy, want, and patron.

Studies perfect nature and are perfected still by experience.

Houses are built to live in, and not to look on: therefore let use be preferred before uniformity.

Poor fellow! I think he is in love with you.’ I am not aware of it. And to me it is one of the most odious things in a girl’s life, that there must always be some supposition of falling in love coming between her and any man who is kind to her… I have no ground for the nonsensical vanity of fancying everybody who comes near me is in love with me.

Your dreams may have shattered, but that doesn’t mean they are over. They can still be turned into a mosaic of success.

We judge of man’s wisdom by his hope.

Nature always wears the colors of the spirit.

The knowledge of an unlearned man is living and luxuriant like a forest, but covered with mosses and lichens and for the most part inaccessible and going to waste; the knowledge of the man of science is like timber collected in yards for public works, which still supports a green sprout here and there, but even this is liable to dry rot.

Obscurity and competence: That is the life that is worth living.

It is impossible for a man to be cheated by anyone but himself.

Stupidity is something you can only partly save people from.

I never could keep a promise. I do not blame myself for this weakness, because the fault must lie in my physical organization. It is likely that such a very liberal amount of space was given to the organ which enables me to make promises that the organ which should enable me to keep them was crowded out. But I grieve not. I like no half-way things. I had rather have one faculty nobly developed than two faculties of mere ordinary capacity.