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Ten of Buffett’s most classic quotes

Ten of Buffett’s most classic quotes:

1. The first investment principle: independent thinking and inner peace.

2. Be vigilant when others are greedy, and be greedy when others are vigilant.

3. Investment must be rational. If you can't understand it, don't do it.

4. We might as well regard our good luck as an opportunity to let others enjoy the luck, rather than a right; regard our advantages as a stepping stone to achieve more brilliant achievements, rather than getting rid of hard work. A shield from work and personal challenges.

5. Short-term stock market forecasts are poison. They should be placed in the safest place, away from children and investors who behave like children in the stock market.

6. If you belong to the luckiest 1% of human beings, then you should consider the other 99% of people. This is what you should do.

7. If you basically learn knowledge from others, you don’t need to have too many new ideas of your own, you just need to apply the best knowledge you have learned.

8. Everyone should be proud of their own life, because building a life is an opportunity that everyone enjoys. This opportunity has far-reaching and sacred significance. Life is made by us. No one can do anything for us, and no one has the authority to tell us what to do. We set our own goals and we define our own success. We can't choose the starting point of life, but we can choose who we become.

9. It is very difficult to truly understand the characteristics and complexities of the culture that raised you, let alone all kinds of other cultures. Regardless, most of our shareholders pay their bills in U.S. dollars.

10. You must be fully prepared financially and psychologically to cope with the vagaries of the stock market. If you cannot watch the stock you bought fall to half of the price you bought it, , and can plan your investments calmly, you shouldn’t play this game.