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“The first duty of the university is to teach wisdom, not a trade; character, not technicalities. We want a lot of engineers in the modern world, but we do not want a world of engineers.â€
Winston Churchill
Duty
Wisdom
Trade
Character
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“If you have an important point to make, don’t try to be subtle or clever. Use a pile driver. Hit the point once. Then come back and hit it again. Then hit it a third time-a tremendous whack.â€
Winston Churchill
Important
Point
Clever
Driver
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The beauty of the soul shines out when a man bears with composure one heavy mischance after another, not because he does not feel them, but because he is a man of high and heroic temper.
Aristotle
Beauty
Soul
After
Feel
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“Do not let spacious plans for a new world divert your energies from saving what is left of the old.â€
Winston Churchill
Plans
Spacious
Energy
Save
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“I am never going to have anything more to do with politics or politicians. When this war is over I shall confine myself entirely to writing and painting.â€
Winston Churchill
Politics
War
Painting
Myself
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Winston Churchill
Courage
Stand
Speak
Listen
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“There is always much to be said for not attempting more than you can do and for making a certainty of what you try. But this principle, like others in life and war, has it exceptions.â€
Winston Churchill
Certainty
Expectation
Principle
War
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The true and the approximately true are apprehended by the same faculty; it may also be noted that men have a sufficient natural instinct for what is true, and usually do arrive at the truth. Hence the man who makes a good guess at truth is likely to make a good guess at probabilities.
Aristotle
Approximate
Apprehend
Sufficient
Guess
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To write well, express yourself like common people, but think like a wise man. Or, think as wise men do, but speak as the common people do.
Aristotle
Express
Common
Wise
People
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Warren Buffet
Honesty
Cheap
People
Expensive
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The most important thing to do if you find yourself in a hole is to stop digging.
Warren Buffet
Important
Yourself
Hole
Digging
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It takes 20 years to build a reputation and five minutes to ruin it. If you think about that, you’ll do things differently.
Warren Buffet
Build
Reputation
Think
Different
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I always knew I was going to be rich. I don’t think I ever doubted it for a minute.
Warren Buffet
Rich
Doubt
Always
Knew
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I don’t look to jump over 7-foot bars: I look around for 1-foot bars that I can step over.
Warren Buffet
Look
Jump
Foot
Bars
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Not doing what we love in the name of greed is the very poor management of our lives.
Warren Buffet
Love
Greed
Poor
Management
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Warren Buffet
Necessary
Extraordinary
Things
Result
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You only have to do a very few things right in your life so long as you don’t do too many things wrong
Warren Buffet
Life
Things
Right
Wrong
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Warren Buffet
Risk
Come
What
Know
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You don't need to be a rocket scientist. Investing is not a game where the guy with the 160 IQ beats the guy with 130 IQ.
Warren Buffet
Scientist
Game
Invest
Beat
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Only when the tide goes out to do you discover who’s been swimming naked.
Warren Buffet
Tide
Discover
Naked
When
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Whether we’re talking about socks or stocks, I like buying quality merchandise when it is marked down.
Warren Buffet
Stock
Buying
Quality
Marked
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If you don’t find a way to make money while you sleep, you will work until you die.
Warren Buffet
Money
Make
Sleep
Work
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Smart doesn't always equal rational. To be a successful investor you must divorce yourself from the fears and greed of the people around you, although it is almost impossible.
Warren Buffet
Smart
Investor
Greed
People
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“If you aren’t willing to own a stock for ten years, don’t even think about owning it for ten minutesâ€
Warren Buffet
Stock
Willing
Owning
Years
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Only buy something that you’d be perfectly happy to hold if the market shut down for 10 years.
Warren Buffet
Something
Perfectly
Market
Shutdown
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You will never do anything in the world without courage. It is the greatest quality of the mind next to honor.
Aristotle
World
Courage
Quality
Honor
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What an investor needs is the ability to correctly evaluate selected businesses. Note that word selected: You don't have to be an expert on every company, or even many. You only have to be able to evaluate companies within your circle of competence. The size of that circle is not very important; knowing its boundaries, however, is vital.
Warren Buffet
Competence
Boundary
Ability
Investor
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What counts for most people in investing is not how much they know, but rather how realistically they define what they don't know.
Warren Buffet
Invest
People
Count
Realistic
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Stocks of companies selling commodity-like products should come with a warning label: ‘Competition may prove hazardous to human wealth.’
Warren Buffet
Stock
Wealth
Woman
Commodity
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It is more fun to talk with someone who doesn't use long, difficult words but rather short, easy words like
A. A. Milne
Fun
Long
Difficult
Lunch
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I think we dream so we don’t have to be apart for so long. If we’re in each other’s dreams, we can be together all the time.
A. A. Milne
Dream
Long
Together
Time
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Diversification is a protection against ignorance. It makes very little sense for those who know what they’re doing.
Warren Buffet
Diversification
Ignorance
Protection
Sense
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I’ve seen more people fail because of liquor and leverage – leverage being borrowed money. You really don’t need leverage in this world much. If you’re smart, you’re going to make a lot of money without borrowing.
Warren Buffet
Leverage
Money
Borrow
Fail
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A. A. Milne
People
Nothing
Every
Day
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There comes a time when you ought to start doing what you want. Take a job that you love. You will jump out of bed in the morning. I think you are out of your mind if you keep taking jobs that you don’t like because you think it will look good on your resume. Isn’t that a little like saving up sex for your old age?
Warren Buffet
Mind
Sex
Saving
Resume
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I’m not interested in cars and my goal is not to make people envious. Don’t confuse the cost of living with the standard of living.
Warren Buffet
Envious
Goal
Cost
Living
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Do not save what is left after spending; instead spend what is left after saving.
Warren Buffet
Saving
Spend
Left
What
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If you buy things you do not need, soon you will have to sell things you need.
Warren Buffet
Sell
Things
Buy
Need
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If the person you are talking to doesn't appear to be listening, be patient. It may simply be that he has a small piece of fluff in his ear.
A. A. Milne
Appear
Patient
Simply
Fluff
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Don't underestimate the value of Doing Nothing, of just going along, listening to all the things you can't hear, and not bothering.
A. A. Milne
Value
Along
Listen
Hear
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Just because an animal is large, it doesn't mean he doesn't want kindness; however big Tigger seems to be, remember that he wants as much kindness as Roo.
A. A. Milne
Just
Animal
Large
Kindness
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Organization is what you do before you do something, so that when you do it, it’s not all mixed up.
A. A. Milne
What
Before
That
Mixed
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What we learn from history is that people don’t learn from history.
Warren Buffet
Learn
History
People
That
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Warren Buffet
Money
Dose
Rationality
Sedates
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What the wise do in the beginning, fools do in the end
Warren Buffet
Wise
Fool
Beginning
End
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You must be independent and able to do for yourself. Then you do not have to marry a rich man; you can marry a poor one. And if it is wrong, you can go.
Zsa Zsa Gabor
Independent
Marry
Rich
Poor
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Diamonds are a girl's best friend, and dogs are a man's best friend. Now you know which sex has more sense.
Zsa Zsa Gabor
Diamond
Dog
Sex
Friend
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Getting divorced just because you don't love a man is almost as silly as getting married just because you do.
Zsa Zsa Gabor
Love
Divorce
Married
Man
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I pay all my own bills... I want to choose the man. I do not permit men to choose me.
Zsa Zsa Gabor
Bills
Choose
Want
Man
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The truth has to be melted out of our stubborn lives by suffering. Nothing speaks the truth, nothing tells us how things really are, nothing forces us to know what we do not want to know except pain. And this is how the gods declare their love.
Aeschylus
Truth
Speak. Force
Declare
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