My favorite Warren Buffett quotes that help me be successful

Warren Edward Buffett, American billionaire, trader and investor, certainly knows what is needed for success. Over the years, he was also very generous in sharing his knowledge among people around the world. And right here you can find some of his quotes that speak for himself.

"Risk comes from not knowing what you're doing."

When someone is a world poker champion, does he risk so much if he is sitting behind the poker table? Warren doesn't think so. He knows that when it comes to an opportunity, after a time the skill will prevail over happiness.

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

You have to be careful in both life and business. It's a little frightening to think about how simple it is to destroy your public image. Train your decisions on cases you imagine as millions of orders, even if they are retail issues. It will help.

"The most important thing to do if you find yourself in a hole is to stop digging."

If things are wrong, DO NOT make them worse. When someone is in trouble, he has an unfortunate tendency to get even worse with that trouble, in an effort to settle. To be successful, you have to know when it's best not to do anything at all.

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

Both in business and in everyday life it is true that you can not entrust an important thing to a person in whom you have no confidence.

"Someone is sitting in the shade today because someone planted a tree a long time ago."

If you are successful, it is at least partly because other people gave you a chance to succeed. Be thankful for those who were here before you and have contributed to your success.

"Chains of habit are too light to be felt until they are too heavy to be broken."

Make sure your habits are only good because the longer you have them, the more unlikely you can get rid of them in the future.

"I always knew I was going to be rich. I don't think I ever doubted it for a minute."

You should always be convinced that you will succeed. It will take longer to persuade others, but if you will believe in yourself, you will have a very convincing argument.

What are your favorite quotes on success? Share them in comments. ;)