Warren made his fortune by applying the principles below. All $46,000,000,000.00 of it.
Read and apply.
1 “I always knew I was going to be rich. I don’t think I ever doubted it for a minute.”
2 “Diversification is a protection against ignorance. It makes very little sense to those who know what they are doing.”
3 “Rule No. 1: never lose money; rule No. 2: don’t forget rule No. 1″
8 “Focus on your customers and lead your people as though their lives depend on your success.”
9 “We believe that according the name ‘investors’ to institutions that trade actively is like calling someone who repeatedly engages in one-night stands a ‘romantic.”
10 “Of the billionaires I have known, money just brings out the basic traits in them. If they were jerks before they had money, they are simply jerks with a billion dollars.”
If you’d like more of Warren’s wisdom, check out The Tao of Warren Buffett!