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Never depend on single income. Make investment to create a second source.

Warren Buffett

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Warren Buffett
Age: 94
Born: 1930
Born: August 30
Entrepreneur
Financier
Investor
Shareholder
Omaha
Nebraska
Warren Edward Buffett
Success
Excellent
Inspirational
Investment
Money
Income
Make
Depends
Never
Source
Second
Single
Depend
Create
Investing

More quotes by Warren Buffett

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Observing that the market was FREQUENTLY efficient, EMT Adherents went on to conclude incorrectly that it was ALWAYS efficient. The difference between these propositions is night and day.
Warren Buffett
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Cash, though, is to a business as oxygen is to an individual: never thought about when it is present, the only thing in mind when it is absent... When bills come due, only cash is legal tender. Don't leave home without it.
Warren Buffett
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The much-maligned idle rich have received a bad rap: They have maintained their wealth while many There is scarcely an instance of a man who has made a fortune by speculation and kept it. Andrew Carnegie of the energetic rich, aggressive real estate operators, corporate acquirers, oil drillers, etc. have their fortunes disappear.
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The Stock Market is designed to transfer money from the Active to the Patient.
Warren Buffett
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It's a lot easier to buy things than it is to sell them.
Warren Buffett
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You’ve gotta keep control of your time, and you can’t unless you say no. You can’t let people set your agenda in life.
Warren Buffett
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If you understood a business perfectly and the future of the business, you need very little in the way of a margin of safety.
Warren Buffett
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The rich invest in time, the poor invest in money.
Warren Buffett
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I do not like debt and do not like to invest in companies that have too much debt, particularly long-term debt. With long-term debt, increases in interest rates can drastically affect company profits and make future cash flows less predictable.
Warren Buffett
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So some guy may know how to make money in cocoa beans, but I don't so I just let him have that. But it's got to be something I understand. It's got to be a business with fundamentally good economics. It's got to be a management that I like and trust and admire. And it's got to be a price that makes sense.
Warren Buffett
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Be brave when others are afraid, and afraid when others are brave.
Warren Buffett
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You can't buy what is popular and do well.
Warren Buffett
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Take the job you would take if you were independently wealthy. You're going to do well at it.
Warren Buffett
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Somebody's buying these treasury bills at 1/20th of one percent. Consuming about $2 billion a day of goods and services beyond what we're producing. In other words, the rest of the world sends about $2 billion a day net of something.We got to send them something in return, don't we. So we send them little pieces of paper.
Warren Buffett
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Benign neglect, bordering on sloth, remains the hallmark of our investment process.
Warren Buffett
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We 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.
Warren Buffett
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When you listen to tax-cut rhetoric, remember that giving one class of taxpayer a break requires - now or down the line - that an equivalent burden be imposed on other parties. In other words, if I get a break, someone else pays. Government can't deliver a free lunch to the country as a whole. It can however, determine who pays for lunch.
Warren Buffett
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I'll take the deal, whatever you want to do.
Warren Buffett
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We really can say no in 10 seconds or so to 90%+ of all the things that come along simply because we have these filters.
Warren Buffett
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Making money isn't the backbone of our guiding purpose it is the by-product of our guiding purpose.
Warren Buffett