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Warren Buffett on Business: Principles from the Sage of Omaha

Book by Warren Buffett · 6 quotes · Investing, Buffets, Business

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Warren Buffett on Business: Principles from the Sage of Omaha Quotes

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

“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.”

“It's far better to buy a wonderful company at a fair price than a fair company at a wonderful price.”

“The line separating investment and speculation, which is never bright and clear, becomes blurred still further when most market participants have recently enjoyed triumphs. Nothing sedates rationality like large doses of effortless money. After a heady experience of that kind, normally sensible people drift into behavior akin to that of Cinderella at the ball.”