The secret to Warren Buffett’s success is that he continuously learns

8. “It takes 20 years to build a reputation and five minutes to ruin it. If you think about that, you’ll do things differently.”

10. “Long ago, Ben Graham taught me that ‘Price is what you pay; value is what you get.’ Whether we’re talking about socks or stocks, I like buying quality merchandise when it is marked down.”

1. “The most important quality for an investor is temperament, not intellect. You need a temperament that neither derives great pleasure from being with the crowd or against the crowd.”

2. “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.”

3. “I don’t look to jump over seven-foot bars; I look around for one-foot bars that I can step over.”

9. “I am a better investor because I am a businessman, and a better businessman because I am an investor.”

1. “I will tell you how to become rich. Close the doors. Be fearful when others are greedy. Be greedy when others are fearful.”

Warren Buffett has spent a lifetime studying conventionally successful people. It’s important to hear that at the end of the day, money is not the thing that matters most in life.

3. “The difference between successful people and really successful people is that really successful people say no to almost everything.”

Numerous greats including Steve Jobs, Bill Gates, and Warren Buffett have attributed their success to focus. Many people have long to-do lists and work on becoming more productive, when in fact, having a not-do list is more important if you want to do great things.

The secret to Warren Buffett’s success is that he continuously learns. Buffett is a far better investor today than he was 50 years ago. As Charlie Munger has explained:

Warren Buffett has become one hell of a lot better investor since the day I met him, and so have I. If we had been frozen at any given stage, with the knowledge we had, the record would have been much worse than it is. So the game is to keep learning, and I don’t think people are going to keep learning who don’t like the learning process.

 http://time.com/money/collection-post/3456133/warren-buffett-quotes/