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.
More Quotes from Warren Buffett:
When a management with a reputation for brilliance tackles a business with a reputation for bad economics, it is the reputation of the business that remains intact.Warren Buffett
The rich are always going to say that, you know, just give us more money and we'll go out and spend more and then it will all trickle down to the rest of you. But that has not worked the last 10 years, and I hope the American public is catching on.
Warren Buffett
I recently sold a house in Laguna for 3.5 million. It was on about 2,000 square feet of land, maybe a twentieth of an acre, and the house might cost about 500,000 if you wanted to replace it. So the land sold for something like 60 million an acre.
Warren Buffett
Despite the lack of precedent, a negative coupon security seemed possible in the present interest rate environment ... I asked Goldman Sachs to create such an instrument and they responded promptly with the innovative security being announced today.
Warren Buffett
I don't look to jump over 7-foot bars: I look around for 1-foot bars that I can step over.
Warren Buffett
It's far better to buy a wonderful company at a fair price than a fair company at a wonderful price.
Warren Buffett
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