We recently stumbled upon an old interview of Warren Buffett, with unique insights into his investing style. Here are 5 investing lessons from the interview.
"Being a sound investor really just requires a certain control of your temperament and the ability to know what you know and what you don't know and occasionally act."
"It requires patience which a lot of people don't have... If you are short-term greedy you probably won't get a very good long-term result."
"If we're right on the business, the market will take care of itself."
"You ought to conduct your affairs so that if the most extraordinary events happen, you're still around to play the next day."
"We like managers who are in love with our businesses."