Saturday, March 10, 2007

Investment wisdom by Warren Buffet



Warren Buffet

  1. You can't make a good deal with a bad person.
  2. Never ask a barber if you need a haircut.
  3. A public-opinion poll is no substitute for thought.
  4. What we learn from history is that people don't learn from history.
  5. It's easier to stay out of trouble than it is to get out of trouble.
  6. You should invest in a business that even a fool can run, because someday a fool will.
  7. With enough inside information and a million dollars, you can go broke in a year.
  8. No matter how great the talent or effort, some things just take time: You can't produce a baby in one month by getting nine women pregnant.
  9. Our method is very simple. We just try to buy businesses with good-to-superb underlying economics run by honest and able people and buy them at sensible prices. That's all I'm trying to do.

No comments: