Warren Buffett

Never invest in a business you can’t understand.

You only find out who is swimming naked when the tide goes out.

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 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.

Forecasts may tell you a great deal about the forecaster; they tell you nothing about the future.

Successful investing takes time, discipline and patience. No matter how great the talent or efforts, some things just take time. You can’t produce a baby in one month by getting nine women pregnant.

The main thing is to keep the main thing the main thing.

I gave up the guitar in 1965. Didn’t want to see a guitar. I’d go out and get drunk. When I came out of the heart surgery, the doc said, “Promise me you’ll work hard.” I said, “I thought working hard is what got me here.” He said, “No, working is what will keep you alive.”

You can waste your lives drawing lines. Or you can live your life crossing them.

Successful people are those who are willing to delay gratification and make sacrifices in the short term so that they can enjoy far greater rewards in the long term.

Being comfortable can hurt your creative entrepreneurial spirit.

Many great ideas go unexecuted, and many great executioners are without ideas. One without the other is worthless.

I maintained my edge by always being a student; you will always have something new to learn.

Get going. Move forward. Aim High. Plan a takeoff. Don’t just sit on the runway and hope someone will come along and push the airplane. It simply won’t happen. Change your attitude and gain some altitude. Believe me, you’ll love it up here.

What you get by achieving your goals is not as important as what you become by achieving your goals.

You never know when a moment and a few sincere words can have an impact on a life.

You can make positive deposits in your own economy every day by reading and listening to powerful, positive, life-changing content and by associating with encouraging and hope-building people.

Champions invariably have fervent philosophical beliefs. Philosophy, in its simplest terms, means ‘the love of wisdom.’

New research shows that you will be dead longer than you will be alive.

All one needs to do is read – books, magazines, research the Internet – and pay attention to the influencers in their lives to discover the myriad people of strong moral character who have and still are making positive, meaningful contributions and differences in our world.

If you’re going to have to swallow a frog, you don’t want to have to look at that sucker too long!