By - Money MaTTERS
"Rule No. 1: Never lose money. Rule No. 2: Never forget Rule No. 1."
"Do not save what is left after spending; instead spend what is left after saving."
"Time is the friend of the wonderful company, the enemy of the mediocre."
"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."
"The most important quality for an investor is temperament, not intellect. You need a temperament that neither derives great pleasure from being with the crowd or against the crowd."
"The stock market is a device for transferring money from the impatient to the patient."
"Someone's sitting in the shade today because someone planted a tree a long time ago."
"Risk comes from not knowing what you're doing."
"Opportunities come infrequently. When it rains gold, put out the bucket, not the thimble."
"In the world of business, the people who are most successful are those who are doing what they love."
"The most important thing to do if you find yourself in a hole is to stop digging."
"I insist on a lot of time being spent, almost every day, to just sit and think. That is very uncommon in American business."