|Warren Buffett Quotes
The following quotes are taken from the book written by
Alice Schroeder entitled The Snowball.
In the short run, the market is a voting machine. In the long run, it's a
weighing machine. Weight eventually counts. But votes count in the short
term. And its a very undemocratic way of voting.
The big question about how people behave is whether they've got an Inner
Scorecard or an Outer Scorecard. It helps if you can be satisfied with an
In teaching your kids, I think the lesson they're learning at a very, very early
age is what their parents put the emphasis on. If all the emphasis is on what
the world's going to think about you, forgetting about how you really behave,
you'll wind up with an Outer Scorecard. Now, my dad: He was a hundred
percent Inner Scorecard guy.
Try to be punctual in all your dealings. You will find it difficult to get along
with some men, deal as little as possible with such.... Save your credit, for
that is better than money.... If you go on in business, be content with
moderate gains. Don't be too hasty to get too rich.... I want you to live so as
to be fit to live and fit to die.
Spend less than you make. Don't go into debt.
Criticism is futile. Rule number one: Don't criticize, condemn, or complain.
Everybody wants attention and admiration.
Nobody wants to be criticized.
The sweetest sound in the English language is the
sound of a person's own name.
The only way to get the best of an argument is to avoid it.
If you are wrong, admit it quickly and emphatically.
Ask questions instead of giving direct orders.
Give the other person a fine reputation to live up to.
Call attention to people's mistakes indirectly.
Let the other person save face.