The most important quality for an investor is temperament, not intellect.

The most important quality for an investor is temperament, not intellect.

Warren Buffett

If you buy things you do not need, soon you will have to sell things you need.

If you buy things you do not need, soon you will have to sell things you need.

Honesty is a very expensive gift, Don't expect it from cheap people.

Honesty is a very expensive gift, Don't expect it from cheap people.

Too often, a vast collection of possessions ends up possessing its owner.

Too often, a vast collection of possessions ends up possessing its owner.

The smartest side to take in a bidding war is the losing side.

The smartest side to take in a bidding war is the losing side.

Money is not everything.

Money is not everything.

It is more important to say

It is more important to say "no" to an opportunity, than to say "yes".

Cultivate curiosity and strive to become a little wiser every day.

Cultivate curiosity and strive to become a little wiser every day.

Intensity is the price of excellence.

Intensity is the price of excellence.

The rich invest in time, the poor invest in money.

The rich invest in time, the poor invest in money.

Whatever you like to do, make it a hobby and whatever the world likes to do, make it a business.

Whatever you like to do, make it a hobby and whatever the world likes to do, make it a business.

The key to success is emotional stability.

The key to success is emotional stability.

Risk comes from not knowing what you're doing.

Risk comes from not knowing what you're doing.

Rule No.1: Never lose money. Rule No.2: Never forget rule No.1.

Rule No.1: Never lose money. Rule No.2: Never forget rule No.1.

Never depend on a single source of income.

Never depend on a single source of income.

Never be afraid to ask for too much when selling or offer too little when buying.

Never be afraid to ask for too much when selling or offer too little when buying.

The trick is, when there is nothing to do, do nothing.

The trick is, when there is nothing to do, do nothing.

Never test the depth of river with both the feet.

Never test the depth of river with both the feet.

Always associate yourself with people who are better than you.

Always associate yourself with people who are better than you.