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Warren Buffett quotes

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“It takes 20 years to build a reputation and five minutes to ruin it. If you think about that, you'll do things differently.”

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

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“Risk comes from not knowing what you're doing.”

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“Wide diversification is only required when investors do not understand what they are doing.”

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“Only when the tide goes out do you discover who's been swimming naked”

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

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“If a business does well, the stock eventually follows.”

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

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“Our favourite holding period is forever.”

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“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”

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