Tuesday, October 25, 2011

Book: The Tao of Warren Buffett

 Below are some quotes from the Sage of Omaha - Warren Buffett.

"You can't make a good deal with a bad person"

"It is easier to stay out of trouble than it is to get out of trouble."

"Someone is sitting in the shade today because someone planted a tree a long time ago."

"There seems to be some perverse human characteristic that likes to make easy things difficult."

"You only have to do a very few things right in your life so long as you don't do too many things wrong."

"That which is not worth doing at all is not worth doing well." 

"We never look back. We just figure there is so much to look forward to that there is no sense thinking of what we might have done. It just doesn't make any difference. You can only live life forward.

"I'm very suspect of the person who is very good at one business - it also could be a good athlete or a good entertainer - who starts thinking they should tell the world how to behave on everything. For us to think that jus because we made a lot of money, we're going to be better at giving advice on every subject - well, that's just crazy." 

"We do not have, never have had, and never will have an opinion about where the stock market, interest rates, or business activity will be a year from now."

"Of the billionaires I have known, money just brings out the basic traits in them. If they were jerks before they had money, they are simply jerks with a billion dollars"


I enjoyed reading these investment books, as it is not just about investment principles and philosophies, but also life lessons and philosophies. 

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