When we own portions of outstanding businesses with outstanding managements, our favorite holding period is forever.
--
Warren Buffett
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Money is not good or evil. It has no morals or intentions on its own. Money reflects the character of the user.
We are being taught by everything around us to have dessert before dinner. Now we are paying for our lack of knowledge and discipline.
You must gain control over your money or the lack of it will forever control you.
You must gain control over your money or the lack of it will forever control you.
If the way we handle our money conflicts with our personal values, we are not going to wind up living happy and fulfilled lives.
If we command our wealth, we shall be rich and free. If our wealth commands us, we are poor indeed.
We must consult our means rather than our wishes.
Fund performance comes and goes. Costs go on forever.
In the long run, investing is not about markets at all. Investing is about enjoying the returns earned by businesses.
Our excess could become a blessing to somebody else.
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