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Very successful people say no to almost everything.

Warren Buffett

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Warren Buffett
Age: 94
Born: 1930
Born: August 30
Entrepreneur
Financier
Investor
Shareholder
Omaha
Nebraska
Warren Edward Buffett
Investing
Successful
Almost
Everything
People
Buffets

More quotes by Warren Buffett

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Wide diversification is only required when investors do not understand what they are doing.
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Money will not change how healthy you are or how many people love you.
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If, when making a stock investment, you're not considering holding it at least ten years, don't waste more than ten minutes considering it.
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We don't get paid for being busy, we get paid for being right.
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When you're associating with the people that you love, doing what you love, it doesn't get any better than that.
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You have no ability, if you're a financial institution and you're threatened with criminal prosecution, you have no ability to negotiate.
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Never invest in a business you don't understand.
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The one piece of advice I can give you is, do what turns you on. Do something that if you had all the money in the world, you’d still be doing it. You’ve got to have a reason to jump out of bed in the morning.
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I know what I want to do and it makes sense to get going.
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The advice you never go broke taking a profit is foolish.
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I'm happy when I can spend every day doing the things that I like to do. That's my luxury.
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We've got a wonderful economic formula in this country.
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A pin lies in wait for every bubble. And when the two eventually meet, a new wave of investors learns some very old lessons: First, many in Wall Street (a community in which quality control is not prized) will sell investors anything they will buy. Second, speculation is most dangerous when it looks easiest.
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Asset-heavy businesses generally earn low rates of return - rates that often barely provide enough capital to fund the inflationary needs of the existing business, with nothing left over for real growth, for distribution to owners, or for acquisition of new businesses
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I'm putting all my money in the Chinese toy market.
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Inactivity strikes us as intelligent behavior.
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If the reason for doing something is that everyone else is doing it, it's not a good enough reason.
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It is better to point out your own mistakes than have somebody else do it.
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I make plenty of mistakes and I'll make plenty more mistakes, too. That's part of the game. You've just got to make sure that the right things overcome the wrong ones.
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We are in effect making a - to some extent, making a choice between future inflation and getting our - getting off the floor. And we're likely - we're likely to have more inflation in the future as a consequence of the things we do to fight the present situation.
Warren Buffett