Warren Buffett’s words of wisdom

Published by rudy Date posted on October 26, 2009

Warren Buffett, known to many as the Oracle of Omaha, is considered one of the world’s greatest investors.

His financial success means that his words of wisdom, or Buffettisms, are treasured by many as elixirs of truth. Here’s a selection:

• Rule No.1: Never lose money.

Rule No.2: Never forget rule No.1

• Be fearful when others are greedy.

Be greedy when others are fearful

• It is far better to buy a wonderful company at a fair price than a fair company at a wonderful price

• Whether we’re talking about socks or stocks, I like buying quality merchandise when it is marked down

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

• It takes a lifetime to build a reputation and five minutes to ruin it

Gates: Buffett is ‘unique leader’

• Cash combined with courage in a crisis is priceless

• Never invest in a business you cannot understand

• Only buy something that you’d be perfectly happy to hold if the market shut down for ten years

• Someone is sitting in the shade today because someone planted a tree a long time ago

• Risk comes from not knowing what you’re doing

• If you don’t feel comfortable owning something for 10 years, then don’t own it for 10 minutes

• If a business does well, the stock eventually follows

• I wouldn’t mind going to jail if I had three cellmates who played bridge

• The fact that people will be full of greed, fear or folly is predictable. The sequence is not predictable

• Come to Omaha – the cradle of capitalism – in May and enjoy yourself.

The World’s Greatest Money Maker: Evan Davis meets Warren Buffett, broadcast 2100 Monday 26 October and 2320BST Tuesday 27 October on BBC Two.

September 18 –
International Equal Pay Day

“Increase wages now,
more than other cost items.
For widespread, practical equality!”

Invoke Article 33 of the ILO Constitution
against the military junta in Myanmar
to carry out the recommendations of the 2021 ILO Commission of Inquiry
against serious violations of protocols of
Forced Labour and Freedom of Association.

Accept the National Unity Government (NUG) 
of Myanmar.  Reject Military!

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Time to support & empower survivors. Time to spark a global conversation. Time for #GenerationEquality to #orangetheworld!

October –

   

Monthly Observances:

Industry and Commerce Safety Month 

National Statistics Month 

Local Government Month 

Consumer Welfare Month 

Cooperative Month

National Quality and Productivity Improvement Month 

National Health and Wellness Tourism Month
National Indigenous Peoples Month

 

Weekly Observances:

Week 1: Elderly Filipino Week 

Week 2: National Health Education Week 

Local Government Week 

National Mental Health Week 

October 17-23:

National Week for Overcoming Extreme Poverty 

October 18 – 24:

United Nations Week 

Last Week:

Nurses’ Week 

Consumers’ Protection Week 

Week of the 4th Sunday:

Barrio Farmers’ Week

 

Daily Observances:

First Monday (Oct 4): Universal Children’s Day i
n the Philippines 

Oct 5: National Teachers’ Day 

Oct 10: Local Government Day 

Third Thursday (Oct 14): Conflict Resolution Day 

Oct 21: Tenants’ Emancipation day 

Oct 24: United Nations Day 

Oct 29: National Indigenous People’s Thanksgiving Day

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