Here are selected quotes from Buffett's letters to shareholders and from the internet; which one touches you the most?
1. Be greedy when others are fearful, and fearful when others are greedy.
2. Only when the tide goes out do you discover who's been swimming naked.
3. If you don't plan to hold a stock for 10 years, then don't hold it for even 10 minutes.
4. You're not buying stocks; you're buying a piece of a company's business.
5. Whether buying socks or stocks, I prefer to get high-quality products at a discount.
6. The stupidest reason to buy stocks is because the price is going up.
7. In the short term, the stock market is a voting machine, but in the long term, it is a weighing machine.
8. Time is a friend of good companies, but the biggest enemy of bad companies.
9. Price is what you pay; value is what you get.
10. Life is like a snowball; all you need is wet snow and a long hill, and the snowball will keep rolling bigger.
11. As long as you don't make too many mistakes, you only need to do a few right things in your lifetime.
12. Someone sits in the shade today because they planted a tree a long time ago.
13. People would rather have a lottery ticket that might win a big prize next week than seize an opportunity to get rich slowly.
14. The work you want to do after achieving financial freedom is the work you should be doing now; that is the ideal job.
15. The best way to fight inflation is to invest in yourself; your money will feel the pressure of inflation, but your talent won't.
16. The amount of wealth you can accumulate in a lifetime does not depend on how much money you can earn, but on how you invest and manage your finances. Money should work for you, not the other way around.
17. It takes 20 years to build a good reputation, but only 5 minutes to ruin it.
18. You cannot make a good deal with a bad person.
19. The size of your circle of competence is not important; knowing the boundaries of your circle of competence is what matters.
20. The first rule of investing in stocks: Don't lose money; the second rule: Never forget the first rule.$BTC