Warren Buffett Quotes About Discipline

Quotes about: Discipline

• 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.

  Warren Buffett

  Baby, Successful, Investing Money

  "10 billionaires give their best advice on getting - and staying - rich" by Autumn Rose, www.businessinsider.com. April 20, 2016.

• To invest successfully over a lifetime does not require a stratospheric IQ, unusual business insights, or inside information. What's needed is a sound intellectual framework for making decisions and the ability to keep emotions from corroding that framework. You must supply the emotional discipline.

  Warren Buffett

  Emotional, Discipline, Decision

  "3 Books That Changed Warren Buffett's Life" by Patrick Morris, www.fool.com. December 25, 2013.

• We try to exert a Ted Williams kind of discipline. In his book The Science of Hitting, Ted explains that he carved the strike zone into 77 cells, each the size of a baseball. Swinging only at balls in his "best" cell, he knew, would allow him to bat .400; reaching for balls in his "worst" spot, the low outside corner of the strike zone, would reduce him to .230. In other words, waiting for the fat pitch would mean a trip to the Hall of Fame; swinging indiscriminately would mean a ticket to the minors.

  Warren Buffett

  Baseball, Book, Mean

• Only when you combine sound intellect with emotional discipline do you get rational behavior.

  Warren Buffett

  Emotional, Discipline, Sound

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