If you can tell me who your heroes are, I can tell you how you're going to turn out in life. Warren Buffett More Quotes by Warren Buffett More Quotes From Warren Buffett Look for companies with high profit margins. Warren Buffett profit-margininvestinglooks Investing in yourself is the best thing you can do. If you've got talents, no one can take them from you. Warren Buffett best-thingsinvestingtalent I was lucky to have the right heroes. Tell me who your heroes are and I'll tell you how you'll turn out to be. The qualities of the one you admire are the traits that you, with a little practice, can make your own, and that, if practiced, will become habit forming. Warren Buffett qualitypracticehero No matter how great the talent or efforts, some things just take time. Warren Buffett investing-moneyeffortsmart Never do anything in life if you would be ashamed of seeing it printed on the front page of your hometown newspaper for your friends and family to see. Warren Buffett family-and-friendspageswould-be As an investor with small capital, one should prefer businesses that have high returns on capital and that require little incremental investment to grow. Warren Buffett investmentreturnlittles I have no use whatsoever for projections or forecasts. They create an illusion of apparent precision. The more meticulous they are, the more concerned you should be. We never look at projections, but we care very much about, and look very deeply at, track records. If a company has a lousy track record, but a very bright future, we will miss the opportunity. Warren Buffett trackmissingopportunity A bull market is like sex. It feels best just before it ends. Warren Buffett bullsendssex Good big decisions do not take time at all, if they do you are in trouble. Warren Buffett bigsdecisiontrouble Buy companies with strong histories of profitability and with a dominant business franchise. Warren Buffett investingcompanystrong If you buy the things you don't need, you will soon be selling the things that you need. Warren Buffett dont-need-yousellingneeds Everybody's got a different circle of competence. The important thing is not how big the circle is. The important thing is staying inside the circle. Warren Buffett circlesdifferentimportant Buy a business, don't rent stocks. Warren Buffett investing Emotional makeup is more important than technical skill Warren Buffett makeupemotionalskills You know ... you keep doing the same things and you keep getting the same result over and over again. Warren Buffett investmentinvestinglife I want to be able to explain my mistakes. This means I do only the things I completely understand. Warren Buffett wantmistakemean In the world of business, the people who are most successful are those who are doing what they love. Warren Buffett investment-successsuccessfullife If you don't feel comfortable owning something for 10 years, then don't own it for 10 minutes. Warren Buffett investingminutesyears If you can't communicate and talk to other people and get across your ideas, you're giving up your potential. Warren Buffett giving-uppeopleideas The best thing I did was choose the right heroes. Warren Buffett best-thingshero
