It is remarkable how much long-term advantage people like us have gotten by trying to be consistently not stupid, instead of trying to be very intelligent.
The difference between successful people and really successful people is that really successful people say no to almost everything.
Our experience tends to confirm a long-held notion that being prepared, on a few occasions in a lifetime, to act promptly in scale, in doing some simple and logical thing, will often dramatically improve the financial results of that lifetime.
Show me the incentive and I will show you the outcome.
A great business at a fair price is superior to a fair business at a great price.
The iron rule of nature is: you get what you reward for. If you want ants to come, you put sugar on the floor.
I always knew I was going to be rich. I don’t think I ever doubted it for a minute.
Spend each day trying to be a little wiser than you were when you woke up.
I think track records are very important. If you start trying to have a perfect one in a simple thing like honesty, you're well on your way to success in this world.
You don’t have to pee on an electric fence to learn not to do it.
Invert, always invert: Turn a situation or problem upside down. Look at it backward.
It’s not supposed to be easy. Anyone who finds it easy is stupid.
Remember that reputation and integrity are your most valuable assets – and can be lost in a heartbeat.
I believe in the discipline of mastering the best that other people have ever figured out.
To the man with only a hammer, every problem looks like a nail.
If you want to get smart, the question you have to keep asking is 'why, why, why?'
The big money is not in the buying and selling, but in the waiting.