Do not save what is left after spending, but spend what is left after saving. Warren Buffett More Quotes by Warren Buffett More Quotes From Warren Buffett If you want your business to survive for 100 years, you've got to make it through every single day for 100 years. It's not enough to do it 99.9% of the time. Warren Buffett business want years Success in investing doesn’t correlate with I.Q. Once you are above the level of 25; once you have ordinary intelligence, what you need is the temperament to control the urges that get other people into trouble in investing. Warren Buffett intelligence ordinary people What we learn from history is that people don't learn from history. Warren Buffett learning history people In investing, just as in baseball, to put runs on the scoreboard, one must watch the playing field, not the scoreboard. Warren Buffett baseball running watches You’d get very rich if you thought of yourself as having a card with only twenty punches in a lifetime, and every financial decision used up one punch. You’d resist the temptation to dabble. You’d make more good decisions and you’d make more big decisions. Warren Buffett twenties decision temptation But 300 million Americans, their lending institutions, their government, their media, all believed that house prices were going to go up consistently. And that got billed into a $20 trillion residential home market. Lending was done based on it, and everybody did a lot of foolish things. Warren Buffett media government home I don't read economic forecasts. I don't read the funny papers. Warren Buffett investing economic paper The key to life is to figure out who to be the batboy for. Warren Buffett figures keys life-is Do what you would do for free, having passion for what you do is the most important thing. Warren Buffett passion-for-what-you-do passion important Over the years, a number of very smart people have learned the hard way that a long string of impressive numbers multiplied by a single zero always equals zero. Warren Buffett smart zero years The 19th century belonged to England, the 20th century belonged to the U.S., and the 21st century belongs to China. Invest accordingly. Warren Buffett china century england When you combine ignorance and leverage, you get some pretty interesting results. Warren Buffett investing-money ignorance interesting So smile when you read a headline that says "Investors lose as market falls." Edit it in your mind to "Disinvestors lose as market falls-but investors gain." Though writers often forget this truism, there is a buyer for every seller and what hurts one necessarily helps the other. (As they say in golf matches: "Every putt makes someone happy.") Warren Buffett hurt golf fall The first rule is not to lose. The second rule is not to forget the first rule. Warren Buffett investing business loss Never invest in a business you don't understand. Warren Buffett That which is not worth doing at all is not worth doing well. Warren Buffett wells I choose to work with every single person that I work with. That ends up being the most important factor. I don't interact with people I don't like or admire. That's the key. It's like marrying. Warren Buffett important keys people I like to buy things I can understand. I do a lot of research on things. Warren Buffett i-can research I'm happy when I can spend every day doing the things that I like to do. That's my luxury. Warren Buffett luxury i-can He must never forget Charlie's plea: Tell me where I'm going to die, so I'll never go there. Warren Buffett charlie one-line never-forget
