Thursday, 23 August 2018

Words of Wisdom from Warren Buffet | Budget quotes

Warren Buffett is an American billionaire and arguably the world's greatest stock market investor.

Some of his famous quotes which are worth reading-

"Unless you can watch your stock holding decline by 50% without becoming panic striken, you should not be in the stock market."

 "Never invest in a business you can't understand."

"A great investment opportunity occurs when a marvelous business encounters one-time huge, but solvable problem."

"The investor of today does not profit from yesterday's growth."

"Rule No. 1: Never lose money; Rule No. 2: don't forget rule No. 1."

"It's nice to have a lot of money. but you know, you don't want to keep it around forever. I prefer buying things. Otherwise, it's a little like saving sex for your old age.‘

"Price is what you pay. value is what you get."

"I try to buy stock in businesses that are so wonderful that an Idiot can run them. Because sooner or later, one will."

"Whether we are talking about socks or stocks, I like buying quality merchandise when It is marked down."

"In the business world, the rearview mirror is always clearer than the windshield."

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