Price is what you pay. Value is what you get.
It takes 20 years to build a reputation and five minutes to ruin it. If you think about that, you’ll do things differently.
It’s far better to buy a wonderful company at a fair price than a fair company at a wonderful price.
We simply attempt to be fearful when others are greedy and to be greedy only when others are fearful.
Someone’s sitting in the shade today because someone planted a tree a long time ago.
Risk comes from not knowing what you’re doing.
Rule No.1: Never lose money. Rule No.2: Never forget rule No.1.
It’s better to hang out with people better than you. Pick out associates whose behaviour is better than yours and you’ll drift in that direction.
It’s only when the tide goes out that you discover who’s been swimming naked.
You only have to do a very few things right in your life so long as you don’t do too many things wrong.