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Someone’s sitting in the shade today because someone planted a tree a long time ago.
-
Warren Buffet
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Price is what you pay. Value is what you get.
Someone’s sitting in the shade today because someone planted a tree a long time ago.
Our favorite holding period is forever.
Risk comes from not knowing what you’re doing.
It takes 20 years to build a reputation and five minutes to ruin it. If you think about that, you’ll do things differently.
It’s far better to buy a wonderful company at a fair price than a fair company at a wonderful price.
Rule No.1: Never lose money. Rule No.2: Never forget rule No.1.