In a difficult business, no sooner is one problem solved than another surfaces - never is there just one cockroach in the kitchen.
Warren BuffettI think the worst mistake you can make in stocks is to buy or sell based on current headlines.
Warren BuffettYeah, we don't consider many stupid things. I mean, we get rid of 'em fast...Just getting rid of the nonsense -- just figuring out that if people call you and say, 'I've got this great, wonderful idea', you don't spend 10 minutes once you know in the first sentence that it isn't a great, wonderful idea...Don't be polite and go through the whole process.
Warren BuffettSuccess in investing doesnโt correlate with I.Q. Once you are above the level of 25; once you have ordinary intelligence, what you need is the temperament to control the urges that get other people into trouble in investing.
Warren Buffett