Words of wisdom from Warren Buffett

"The most important investment you can make is in yourself"

"Successful investing takes time, discipline and patience.  No matter how great the talent or effort, some things just take time."

"Rule No. 1 is never lose money.  Rule No. 2 is never forget Rule No. 1."

"Be fearful when others are greedy and greedy only when others are fearful."

"If you aren't willing to own a stock for 10 years, don't even think about owning for 10 minutes."

"Never invest in a business you cannot understand."

"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."

"If past history was all that is needed to play the game of money, the richest people would be librarians."

"Someone's sitting in the shade today because someone planted a tree a long time ago."

Warren Buffett has spent his career giving timeless advice and is often cited as one of the most accomplished investors with a propensity for simplifying important ideas into interesting quotes.  The above quotes have been taken from Berkshire Hathaway (BRK.A) annual meetings, periodic shareholder letters and interviews featuring Warren Buffet.

Berkshire Hathaway 2022 Annual Report