Tuesday, September 06, 2011

10 Of My Favorite Warren Buffet Quotes

1- Spending: If you buy things you don't need, you'll soon sell things you need.

2- Savings: Don't save what is left after spending; spend what is left after saving.

3- Hard work: All hard work brings profit; but mere talk leads only to poverty.

4- Laziness: A sleeping lobster is carried away by the water current.

5- Earnings: Never depend on a single source of income.

6- Borrowings: The borrower becomes the lender's slave.

7- Accounting: It's no use carrying an umbrella, if your shoes are leaking.

8- Auditing: Beware of little expenses; a small leak can sink a large ship.

9- Risk-taking: Never test the depth of the river with both feet.

10- Investment: Don't put all your eggs in one basket.

The second quote is my favorite, and I always do it... Everytime I receive my salary paycheck, I save as much as I can, I normally save upto 65%...

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