Best Quotes

Rule No. 1: Never lose your feathers. Rule No. 2: Never forget Rule No. 1.

A playful take on Warren Buffett’s famous rule about never losing money, Buff makes it more personal by referencing his feathers. The feathers symbolize one's assets, reputation, and capital, all critical to maintaining success.

Bet on a stock like you’d bet on a race. Understand it well enough to enjoy the ride, even if the track shuts down.

Buff believes that investing is like gambling: you should know your investment deeply enough to enjoy the process, no matter what happens, implying that a solid strategy outlasts temporary market closures.

The price is what you squawk about. The value is what makes you flap your wings with joy.

A spin on distinguishing between price and value, Buff emphasizes that while people often focus on the price (what’s loud and visible), true joy comes from understanding the long-term value, which is the quieter but more meaningful part of the deal.

The best time to make a big bet is when everyone else is quacking in fear.

Reflecting on market psychology, Buff urges investors to be brave when others are scared, echoing Buffett’s strategy of being greedy when others are fearful.

Invest in a business so solid that even a duck with a hat could run it, 'cause one day, it might just happen.

Buff’s humorous way of emphasizing the importance of investing in companies with strong fundamentals—so strong that even an amateur could run it successfully, hinting at the inevitable surprises in leadership transitions.

Last updated