"If you don't find a way to make money while you sleep, you will work until you die."
"Stocks of companies selling commodity-like products should come with a warning label: "Competition may prove hazardous to human wealth"."
3 likes
Source: Warren Buffett (2009). “Warren Buffett on Business: Principles from the Sage of Omaha”, p.115, John Wiley & Sons
About the author
Same author
More quotes by Warren Buffett
"Look for 3 things in a person. Intelligence, Energy, & Integrity. If they don't have the last one, don't even bother with the first two."
"The best investment you can make, is an investment in yourself... The more you learn, the more you'll earn."
"Read 500 pages every day. That's how knowledge works. It builds up like compound interest."
"Successful Investing takes time, discipline and patience. No matter how great the talent or effort, some things just take time: You can't produce a baby in one month by getting nine women pregnant."
"The Happiest people DO NOT necessarily have the BEST THINGS. They simply APPRECIATE the things they have."