Tuesday 17 March 2009

Quotation: Warren Buffett

Warren Buffett

Due to the work load in the secondary school now, I guess I will have less time this month, but don’t get me wrong! I will continue to update almost every day!

"In terms of learning, there is never a pause, because there is always something to learn around you." – Locky

I think a lot of people admire the wit and insight of Warren Buffett, that includes me as well, but I am most impressed by his teaching to the world's investors, and he definitely is one of the greatest teachers of all time.

His quotes, like many others I adore, were sharp, wise and to the point. Many of them have been published so widely that almost every investor has a few in their pockets.

"I don't look to jump over 7-foot bars: I look around for 1-foot bars that I can step over."

"If a business does well, the stock eventually follows."

"In the business world, the rearview mirror is always clearer than the windshield."

Apart from his investment wisdom, his philosophy in life is also where I find enlightenment.

"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 better to hang out with people better than you. Pick out associates whose behavior is better than yours and you'll drift in that direction."

"Risk comes from not knowing what you're doing."

"If you don't know jewelry, know the jeweler."

For those of you who have read my notes, you know I like to use quotes from famous people. Now, I guess you understand why.

"Quotations are the fruits of the Greats’ Wisdom Tree". – Locky

Aren't they just beautiful?

Sometimes, when you come across a famous person you admire, do a little research and you will find the colourful experience and lifelong lessons of him condensed in these short yet deep and brilliant statements.

Mr Buffett has been one of the most influential teachers of my life. I believe you can also find something worth learning from him apart from investment.