“The stock market is a device for transferring money from the impatient to the patient. usually quoted as Never invest in a business you cannot understand. If you arent willing to own a stock for 10 years, dont even think about owning it for 10 minutes. Which ties well into a 6th bonus Warren Buffett quote: Investment must be rational if you cant understand it, dont do it. Start early, be patient, and let your money grow. This is not to suggest that there will not be short term volatility, but again for long-term money volatility ends up being to the benefit of the investor. If you watch major network news you might find it hard to believe that the market ever goes up with all of the negativity that is broadcast. ![]() “In the 20th century, the United States endured two world wars and other traumatic and expensive military conflicts the Depression a dozen or so recessions and financial panics oil shocks a flu epidemic and the resignation of a disgraced president. As a result you can see a business failing that should “change vessels” continuing to use a bale bucket when there are more efficient ways to accomplish the same goals. Investors and business people alike often have a challenge of seeing the flaws in their own work. “Should you find yourself in a chronically leaking boat, energy devoted to changing vessels is likely to be more productive than energy devoted to patching leaks.” For money intended to be used over the long-term it is foolish to park those funds in cash equivalents as they have proven to be losers over long periods of time. This risk is that inflation grows faster than your cash grows. Warren Buffett is a simple man when it comes to his investments. When you hold cash equivalents your big risk is inflation risk. I dont look to jump over seven-foot bars, I look for one-foot bars I can step over. They have opted for a terrible long-term asset, one that pays virtually nothing and is certain to depreciate in value.” ![]() “Today people who hold cash equivalents feel comfortable. When times in the market are well everyone can splash in the water and have fun, but when times are tough only then do you see how much risk they were taking. Someone I know received 8 million dollars as an. This quote again is in reference to risk and is one of several nautical themed quotes. Leave your children enough money so they can do anything, but not enough that they dont have to do anything. “Only when the tide goes out do you discover who’s been swimming naked.” However, we can take what we know from the past to make calculated risks moving forward. Isn’t this true of life as well? There is risk in everything you do and we cannot predict the future. “In the business world, the rearview mirror is always clearer than the windshield.” 346 When selling a business, plan ahead and you may be able to save big on. Below are a few that can provide guidance not only as an investor, but also as an entrepreneur. Warren Buffett: You don't have to make money back the same way you lost it. During his annual shareholders meeting he is known to be a quote machine. Warren Buffett Quote: If you don’t find a way to make money while you sleep, you will work until you die. His influence extends even beyond the world of finance. ![]() See our Expanded Rules page for more detailsĬoinMarketCap (Cryptocurrency market cap info)ġ0k.pizza (Portfolio tracking.Warren Buffet is regarded by many to be the greatest mind in finance ever and even more would say of this generation. : Buy Warren Buffett - Motivational Quotes - VALUE INVESTING - If You Dont Find A Way To Make MOney While You Sleep You Will Work Until You Die.See our Expanded Rules page for more details about this rule.This includes "PM for referral", asking for referral codes or links, and linking to sites used solely for referral links. Rule #2.10 - Posting referral, promo links, or codes of any kind is strictly prohibited and will be met with a long-term or permanent ban. ![]()
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