Give your mind some clarity

“I insist on a lot of time being spent, almost every day, to just sit and think. That is very uncommon in American business. I read and think. So I do more reading and thinking, and make less impulse decisions than most people in business. I do it because I like this kind of life.” 
-- Warren Buffett

Never forget the business basics

“Price is what you pay. Value is what you get.” 
-- Warren Buffett

Know what you're getting into, before you get into it

"It's far better to buy a wonderful company at a fair price than a fair company at a wonderful price."
--

Warren Buffett

Be smart -- and realistic

"I try to buy stock in businesses that are so wonderful that an idiot can run them. Because sooner or later, one will."

--Warren Buffett

Don't fake it till you make it

"After all, you only find out who is swimming naked when the tide goes out."
--

Warren Buffett

Always know who you're dealing with

"You can’t make a good deal with a bad person."
--

Warren Buffett

Act with honor and integrity

"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 Buffett