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Rule No.1: Never lose money. Rule No.2: Never forget rule No.1.
-
Warren Buffet
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Our favorite holding period is forever.
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Risk comes from not knowing what you’re doing.
Chains of habit are too light to be felt until they are too heavy to be broken.
We simply attempt to be fearful when others are greedy and to be greedy only when others are fearful.
It takes 20 years to build a reputation and five minutes to ruin it. If you think about that, you’ll do things differently.
Rule No.1: Never lose money. Rule No.2: Never forget rule No.1.