Rule No. 1 : Never lose money. Rule No. 2 : Never forget

“(Thomas J. Watson Sr. of IBM followed the same rule: “I’m no genius,” he said. “I’m smart in spots—but I stay around those spots.”)” ― Warren Buffett

“There’s no magic line between an application and an operating system that some bureaucrat in Washington should draw. It’s like saying that as of 1932, cars didn’t have radios in them, so they should never have radios in them.” ― Bill Gates

“The death knell for any enterprise is to glorify the past -- no matter how good it was.” ― Jeff Bezos

“No business can continue to shrink. That can only go on for so long before irrelevancy sets in.” ― Jeff Bezos

“But Bezos had a rule, which was to use his heart and his intuition as well as empirical data in making a big decision. “There has to be risk taking. You have to have instinct. All the good decisions have to be made that way,” ― Jeff Bezos

“I have no special talent,” Einstein once said. “I am only passionately curious” ― Jeff Bezos

“No, I don't ever give up. I'd have to be dead or completely incapacitated” ― Elon Musk

“Excessive use of made up acronyms is a significant impediment to communication […] No one can actually remember all these acronyms and people don’t want to seem dumb in a meeting, so they just sit there in ignorance. This is particularly tough on new employees.” ― Elon Musk

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

“No matter how great the talent or efforts, some things just take time. You can't produce a baby in one month by getting nine women pregnant.” ― Warren Buffett

“You’ve gotta keep control of your time, and you can’t unless you say no. You can’t let people set your agenda in life.” ― Warren Buffett

“[Gold] gets dug out of the ground in Africa, or someplace. Then we melt it down, dig another hole, bury it again and pay people to stand around guarding it. It has no utility. Anyone watching from Mars would be scratching their head.” ― Warren Buffett

“Failing conventionally is the route to go; as a group, lemmings may have a rotten image, but no individual lemming has ever received bad press” ― Warren Buffett

“In some corner of the world they are probably still holding regular meetings of the Flat Earth Society. We derive no comfort because important people, vocal people, or great numbers of people agree with us. Nor do we derive comfort if they don't.” ― Warren Buffett

“Culture, more than rule books, determines how an organization behaves.” ― Warren Buffett

“Talking to Time Magazine a few years back, Peter Drucker got to the heart of things: “I will tell you a secret: Dealmaking beats working. Dealmaking is exciting and fun, and working is grubby. Running anything is primarily an enormous amount of grubby detail work . . . dealmaking is romantic, sexy. That’s why you have deals that make no sense.” ― Warren Buffett

“There is no tougher job in corporate America than running an airline: Despite the huge amounts of equity capital that have been injected into it, the industry, in aggregate, has posted a net loss since its birth after Kitty Hawk. Airline managers need brains, guts, and experience—and” ― Warren Buffett

“Don't discount yourself, no matter what you're doing. Everyone has a unique perspective that they can bring to the world.” ― Mark Zuckerberg

I think a simple rule of business is, if you do the things that are easier first, then you can actually make a lot of progress. ― Mark Zuckerberg

“To sum up: We need to accomplish something gigantic we have never done before, much faster than we have ever done anything similar.” ― Bill Gates