Warren Buffett Quotes on Life

For the latest Warren Buffett, go to http://WarrenBuffettNews.com -

You may have the intelligence for success, but you've got to develop the habits of success. You've also got to invest in yourself and maximize your talent. Public speaking is extremely important. You may want to take a Dale Carnegie course. It can be worth more than a college degree.

What can you do that others can't do? It is important to work in jobs that you love. It is better to learn from other people's mistakes rather than your own. You can only live life forward.

Investing $1000 with Buffett early on would be worth $25 million today. You want to buy simple businesses that are easy to understand. Only buy companies if you can tell where it will be in 10 years. If somebody buys 50 stocks, can they really like #50 as much as #1? Don't worry about diversifying and instead stick with what you know.

In an environment like Wall Street, you can get overstimulated. If you buy a good business, you will do well over time. But you might not make all that money if you dance in and out every day. All you need is one good idea per year, and then ride that idea to its maximum. Wall Street makes its money on activity. You will make money on inactivity.

Don't think in terms of large caps or small caps. You want to focus on good businesses, no matter what size they are. Cash is always a bad investment. It doesn't produce anything, and it is sure to go down in value over time. All assets are a hedge against the dollar. The dollar and every other currency will be worth less in 10, 20, 30 years. You should only work with people you like. Marrying for money is probably a bad idea under any circumstances but if you're already rich, it's crazy.

Category:

News & Politics

Tags:

• Warren Buffett
• Investing
• Treasuries
• Gold
• Silver
• Dollar
• Federal Reserve
• inflation
• interest rates
• capitalism
• free markets
• austrian economics
• benjamin graham
• value investing
• bershire hathaway
• stocks
• george soros
• jim rogers
• marc faber
• ron paul
• john stossel
• judge napolitano

[pcamarco]

Thanks.



[MorrocanBoyGreg]

Really been into stocks since intrduced to it in 4th grade...played stock market game in high school ..i pick 1 stock.comcast day 1 of economics class never wnt back cause teacher said who ever win the.game.ges 100......i really thnk time is now for me ...investing some $ this year

[TheSportsbot]

what a personality.

[shadowromeo22]

@prateekabr take the dale carnegie course and you'll understand how he was able to

[nareshsaklecha]

Thanks for Uploading.

[prateekabr]

this guy can turn sand into gold gosh i am 21 but still buying stocks of a company he was 14 and he bought a company