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Timeless Wisdom of Warren Buffet

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ON EARNINGS "Never depend on single income. Make investment to create a second source." ON SPENDING "If you buy things you do not need, soon you will have to sell things you need." ON SAVINGS "Do not save what is left after spending, but spend what is left after saving." ON TAKING RISK "Never test the depth of a river with both feet." ON INVESTMENT "Do not put all eggs in one basket." ON EXPECTATIONS "Honesty is a very expensive gift. Do not expect it from cheap people."

If ---

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   "If—" is a poem by British Nobel laureate Rudyard Kipling, written in 1895. He wrote a number of children stories. The all time favourite "Jungle Book" was also written by Rudyard Kipling. If --- If you can keep your head when all about you        Are losing theirs and blaming it on you,    If you can trust yourself when all men doubt you,      But make allowance for their doubting too;    If you can wait and not be tired by waiting,      Or being lied about, don’t deal in lies,  Or being hated, don’t give way to hating,      And yet don’t look too good, nor talk too wise:  If you can dream—and not make dreams your master;        If you can think—and not make thoughts your aim;    If you can meet with Triumph and Disaster      And treat those two impostors just the same;    If you can bear to hear the truth you’ve spoken      Twisted by knaves to make a trap for fools,  Or watch the things you gave your life to, broken,