Warren Buffet’s Ten Top Plus One Quotes to Think About

  • Price is what you pay. Value is what you get.
  • Risk comes from not knowing what you’re doing.
  • The most important thing to do if you find yourself in a hole is to stop digging.
  • It takes 20 years to build a reputation and five minutes to ruin it. If you think about that, you’ll do things differently. 
  • There seems to be some perverse human characteristic that likes to make easy things difficult.
  • What we learn from history is that people don’t learn from history.
  • I learned to go into business only with people whom I like, trust, and admire.
  • Honesty is a very expensive gift; don’t expect it from cheap people.
  • Nothing sedates rationality like large doses of effortless money.
  • Games are won by players who focus on the playing field –- not by those whose eyes are glued to the scoreboard.
  • Somebody once said that in looking for people to hire, you look for three qualities: integrity, intelligence, and energy. And if you don’t have the first, the other two will kill you. You think about it; it’s true. If you hire somebody without [integrity], you really want them to be dumb and lazy.

And the advice hardest to hear and the most difficult to act upon

  • Should you find yourself in a chronically leaking boat, energy devoted to changing vessels is likely to be more productive than energy devoted to patching leaks.