How to Become Rich, and 24 Other Insights from Warren Buffett by Dan Dzombak / The Motley Fool - Time.com
The investing legend shares the secrets to his success.
Warren Buffett is a true genius as he is able to simplify complex ideas into quotes that will stand the test of time. Warren Buffett spent his life dispensing advice to all who would listen, earning him the nickname of the Oracle of Omaha. In the 1960s, this advice came about twice a year in letters to investors in his investment partnerships. Starting a few years later, Warren Buffett’s wisdom was distilled through the Berkshire Hathaway annual meeting and the annual shareholder letter, and in the past 20 years, Warren Buffett has become a household name through appearances on TV and interviews in magazines.
Read on for Warren Buffett’s best quotes on life, investing, and his top five insights.
1. “You only have to do a very few things right in your life so long as you don’t do too many things wrong.”
2. “Should you find yourself in a chronically leaking boat, energy devoted to changing vessels is likely to be a more productive than energy devoted to patching leaks.”