Nikhil > Nikhil's Quotes

“An investment operation is one which, upon thorough analysis, promises safety of principal and an adequate return. Operations not meeting these requirements are speculative.”
― Benjamin Graham, The Intelligent Investor

“I learned to go into business only with people whom I like, trust, and admire.”
― Warren Buffet

“People always ask me where they should go to work, and I always tell them to go to work for whom they admire the most.”
― Warren Buffett

“Tell me who your heroes are and I’ll tell you how you’ll turn out to be.”
― Warren Buffett

“If you don't find a way to make money while you sleep, you will work until you die.”
― Warren Buffett

“Opportunities come infrequently. When it rains gold, put out the bucket, not the thimble”
― warren buffett

“Diversification is protection against ignorance. It makes little sense if you know what you are doing.”
― Warren Buffett

“Wall Street is the only place that people drive to in a Rolls Royce to take advice from people who ride the subway.”
― Warren Buffett

“be greedy when others are fearful, and fearful when others are greedy.”
― Warren Buffet

“If you aren't thinking about owning a stock for ten years, don't even think about owning it for ten minutes.”
― Warren Buffett

“Do not save what is left after spending; instead spend what is left after saving.”
― Warren Buffett

“I try to invest in businesses that are so wonderful that an idiot can run them. Because sooner or later, one will.”
― Warren Buffett

“If you buy things you do not need, soon you will have to sell things you need.”
― Warren Buffett

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

“...not doing what we love in the name of greed is very poor management of our lives.”
― Warren Buffet

“Never depend on single income. Make investment to create a second source.”
― Warren Buffett

“In fact, when Warren Buffett was once asked about the key to success, he pointed to a stack of nearby books and said, “Read 500 pages like this every day. That’s how knowledge works. It builds up, like compound interest. All of you can do it, but I guarantee not many of you will do it.”
― Warren Buffett

“If each of us hires people who are smaller than we are, we shall become a company of dwarfs. But, if each of us hires people who are bigger than we are, we shall become a company of giants.”
― Warren Buffett, Berkshire Hathaway Letters to Shareholders: 1965-2024

“When a person with money meets a person with experience, the one with experience ends up with the money and the one with money leaves with experience.”
― Warren Buffett, The Essays of Warren Buffett : Lessons for Corporate America

“If you are investing in your education and you are learning, you should do that as early as you possibly can, because then it will have time to compound over the longest period.

And that the things you do learn and invest in should be knowledge that is cumulative, so that the knowledge builds on itself.

So instead of learning something that might become obsolete tomorrow, like some particular type of software [that no one even uses two years later], choose things that will make you smarter in 10 or 20 years.”
― Warren Buffett

“The more you learn, the more you earn.”
― Warren Buffett

“Reading could be the BEST addiction one could have. The only proven side effect is imagination & an edge in knowledge.”
― Warren Buffett

“The rich invest in time, the poor invest in money.”
― Warren Buffett

“If you see somebody with even reasonable intelligence and a terrific passion for what they do and who can get people around them to march, even when those people can't see over the top of the next hill, things are gonna happen”
― Warren Buffett, Warren Buffett Speaks: The Wit and Wisdom of America's Greatest Investor

“Our favorite holding period is forever. We are just the opposite of those who hurry to sell and book profits when companies perform well but who tenaciously hang on to businesses that disappoint. Peter Lynch aptly likens such behavior to cutting the flowers and watering the weeds.”
― Warren Buffett, Berkshire Hathaway Letters to Shareholders

“students need only two well-taught courses—How to Value a Business, and How to Think About Market Prices. Your goal as an investor should simply be to purchase, at a rational price, a part interest in an easily-understandable business whose earnings are virtually certain to be materially higher five, ten and twenty years from now. Over time, you will find only a few companies that meet these standards—so when you see one that qualifies, you should buy a meaningful amount of stock. You must also resist the temptation to stray from your guidelines: If you aren’t willing to own a stock for ten years, don’t even think about owning it for ten minutes. Put together a portfolio of companies whose aggregate earnings march upward over the years, and so also will the portfolio’s market value. Though it’s seldom recognized, this is the exact approach”
― Warren Buffett, Berkshire Hathaway Letters to Shareholders: 1965-2024

“Get something to improve yourself at least 1% each day”
― Warren Buffet

“We don’t have to be smarter than the rest. We have to be more disciplined than the rest.”
― Warren Buffett

“You are the average of the five people you spend the most time with.”
― Jim Rohn

“Success is nothing more than a few simple disciplines, practiced every day.”
― Jim Rohn