Warren Buffett on Confidence Quotes

"Chains of habit are too light to be felt until they are too heavy to be broken."

"Honesty is a very expensive gift. Don't expect it from cheap people."

"I can buy anything I want, basically, but I can’t buy time."

"The difference between successful people and really successful people is that really successful people say no to almost everything."

"You do things when the opportunities come along. I've had periods in my life when I've had a bundle of ideas come along, and I've had long dry spells."

"The stock market is a no-called-strike game. You don't have to swing at everything—you can wait for your pitch."

"Speculation is most dangerous when it looks easiest."

"It takes 20 years to build a reputation and five minutes to ruin it. If you think about that, you'll do things differently."

"If past history was all there was to the game, the richest people would be librarians."

"I always knew I was going to be successful. I didn't have any doubt about that."

"Without passion, you don't have energy. Without energy, you have nothing."

"If you are in a poker game and after 20 minutes you don't know who the patsy is, then you're the patsy."

"I don't look to jump over seven-foot bars; I look around for one-foot bars that I can step over."

"The most important thing to do if you find yourself in a hole is to stop digging."

"Only when the tide goes out do you discover who's been swimming naked."

"Invest in yourself. Your own mind is your greatest asset."

"I never attempt to make money on the stock market. I buy on the assumption that they could close the market the next day and not reopen it for five years."

"Risk comes from not knowing what you're doing."

"If you let yourself be blown by the wind of public opinion, you're not going to be a very good investor."

"You can't produce a baby in one month by getting nine women pregnant."

"You are neither right nor wrong because the crowd disagrees with you. You are right because your data and reasoning are right."

"You only have to do a very few things right in your life so long as you don't do too many things wrong."

"Someone's sitting in the shade today because someone planted a tree a long time ago."

"If you're in the luckiest 1% of humanity, you owe it to the rest of humanity to think about the other 99%."

"What the human being is best at doing is interpreting all new information so that their prior conclusions remain intact."

"Opportunities come infrequently. When it rains gold, put out the bucket, not the thimble."

"Read 500 pages like this every day. That's how knowledge works. It builds up, like compound interest. All of you can do it, but I guarantee not many of you will do it."

"Price is what you pay. Value is what you get."

"The big question about how people behave is whether they've got an Inner Scorecard or an Outer Scorecard. It helps if you can be satisfied with an Inner Scorecard."

"It's better to hang out with people better than you. Pick out associates whose behavior is better than yours and you’ll drift in that direction."

"Forecasts may tell you a great deal about the forecaster; they tell you nothing about the future."

"Predicting rain doesn't count. Building arks does."

"We simply attempt to be fearful when others are greedy and to be greedy only when others are fearful."