Due to Warren Buffett’s unquenchable thirst for success he is said to be one of the wealthiest men that the world has ever seen. In order to maintain his plate of accomplishment, Warren goes about living his life through guidelines that he has created and set for yourself to ensure victory, every time. There is a total of approximately 30 quotes on life insurance that Mr. Buffett has to offer to us. A very popular and well-known quote that you may (or may not) be familiar with is the saying that the most important thing is what comes first.
“Rule No. 1: Never lose money. Rule No. 2: Never forget rule No.1”.
Abiding by this rule will ensure that you are able to build on top of your wealth and see that you are constantly making progress. You must be completely conscious as to the whereabouts of their money to make sure that no one is making any deductions for you, without your permission. The next quote is for the high percentage of people that have grown curious of Warren’s investment plans in wishes to join him. Sadly, this quote should go without saying but Warren worded it perfectly.
“Risk comes from not knowing what you are doing.”
This means that you should remember to stand your ground when speaking with uncertain investors. Do not allow anyone to mislead you under false pretenses because you do not want to lose your money to a con artist. Simply put, if you do not understand what is being said then do not take part in it. The last of Warren’s quotes that I felt was very important and inspirational compliments the second quote that I stated above. Have you ever heard the saying “You are who you hang out with..”? This is exactly what Warren meant when he said, “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” meaning it is very important to surround yourself with positive, successful entrepreneurs, especially if this is your goal in life.