Warren Buffett says

“Never depend on single income. Make investment to create a second source.”

—Warren Buffett

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Quotes on Career Development Quotes on Investing Warren Buffett on Investing

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“It takes 20 years to build a reputation and five minutes to ruin it. If you think about that, you'll do things differently.”

—Warren Buffett

“Failure is an option here. If things are not failing, you are not innovating enough.”

“Charlie and I would follow a buy-and-hold policy even if we ran a tax-exempt institution.”

—Warren Buffett

“You don’t have to be an expert on every company, or even many. You only have to be able to evaluate companies within your circle of competence. The size of that circle is not very important; knowing its boundaries, however, is vital.”

—Warren Buffett

“It is better to be approximately right than precisely wrong.”

—Warren Buffett

“Own your work and compound credibility.”

—Charlie Munger

“Opportunities come infrequently. When it rains gold, put out the bucket, not the thimble”

—Warren Buffett

“While investors and managers must place their feet in the future, their memories and nervous systems often remain plugged into the past.”

—Warren Buffett

“Some time ago Ken Galbraith, in his witty and insightful The Great Crash, coined a new economic term: “the bezzle,” defined as the current amount of undiscovered embezzlement. This financial creature has a magical quality: The embezzlers are richer by the amount of the bezzle, while the embezzlees do not yet feel poorer.”

—Warren Buffett

“Don't work for money, make money work for you.”

—Warren Buffett

“I am not a businessman, I am an artist”

—Warren Buffett

“If you buy things you don't need, soon you will have to sell things you need.”

—Warren Buffett

“I take the position that I'm always to some degree wrong, and the aspiration is to be less wrong.”

“There is no tougher job in corporate America than running an airline: Despite the huge amounts of equity capital that have been injected into it, the industry, in aggregate, has posted a net loss since its birth after Kitty Hawk. Airline managers need brains, guts, and experience—and”

—Warren Buffett

“The best investment you can make is in yourself.”

—Warren Buffett