Warren Buffett says

“It is madness to risk losing what you need in pursuing what you simply desire.”

—Warren Buffett

More from Warren Buffett

“Buy a stock the way you would buy a house. Understand and like it such that you’d be content to own it in the absence of any market.”

—Warren Buffett

“Many shall be restored that now are fallen and many shall fall that are now in honor.”

—Warren Buffett

“There’s class warfare, all right, but it’s my class, the rich class, that’s making war, and we’re winning.”

—Warren Buffett

“There's never just one cockroach in the kitchen.”

—Warren Buffett

“Do what you love and work for whom you admire the most, and you've given yourself the best chance in life you can.”

—Warren Buffett

“It’s better to hang out with people better than you. Pick out associates whose behavior is better than yours and you’ll drift in that direction.”

—Warren Buffett

“What the human being is best at doing is interpreting all new information so that their prior conclusions remain intact.”

—Warren Buffett

“Regardless of the impact upon immediately reportable earnings, we would rather buy 10% of Wonderful Business T at X per share than 100% of T at 2x per share. Most corporate managers prefer just the reverse.”

—Warren Buffett

“People always ask me where they should go to work, and I always tell them to go to work for whom they admire the most.”

—Warren Buffett

“If you see somebody with even reasonable intelligence and a terrific passion for what they do and who can get people around them to march, even when those people can't see over the top of the next hill, things are gonna happen”

—Warren Buffett