mindset quotes for success | best mindset quotes with explanation

                    in this article you can see some good mindset quotes or best mindset quotes which helps you to enhance your mentality to think something different. and also helps to make you a buisness mindset person. this quotes are said by the well known and successful peoples who already implement this quotes in their real life and got the best out of it by doing hardwork and putting efforts in it. 

warren buffet :- 

• "if you cant make money while you sleep, then you have to work till you die."

                     it is one of the best quote said by warren buffet. the reason behind saying this is that most of the peoples relying on only one source of income which is not enough to achieve a good wealth in life, or to live a good life. if any situation like covid-19 arise then it will put a huge impact on them so because of that reason he said that "if you can't make money while you sleep then you have to work till you die". so generating atleast two to three sources of income helps to earn good and it also helps to spend a good life. 

• "do not put all of your eggs in the same basket." 

                    while doing investment many of the starter investors makes the same mistake of investing their whole money in the same stock which is really a wrong thing because if the company stock falls down then the investors have to bear a huge loss. so diversification of portfolio is the best option to reduce the risk. many of the stock investors like warren buffet, rakesh jhunjhunwala, etc had made their wealth by analyzing and selecting best stocks and the proper diversification of funds in their portfolio. and that's why he said "do not put all of your eggs in the same basket".

• "if you buy things you don't need, soon you will have to sell the things you need." 

                    many of the peoples used to buy stuffs that they don't need actually but still they buy them because of it's very temporary or short use or just because of its attractiveness. they have no use of this things but still they buy it because of the ongoing trend or by the name of its brand so warren buffet said that "if you buy things you don't need, soon you have to sell the things you need".

• "price is what you pay and value is what you get." 

                     currently peoples used to buy overvalued stuffs which does not worth enough of the price that they pay but for the attractiveness and showing off, peoples used to buy those things. so by saying this quote "price is what you pay and value is what you get" warren buffet tries to explain that if we are buying something then we must buy it on proper price by keeping that in mind that it really does provide the value or not. he actually means to say that one have to take proper decisions making steps while doing anything.

benjamin graham :- 

• "successful investing is about managing risk, not avoiding it." 

                    according to benjamin graham while investing many of traders got scared when the market falls they thinks that they were going to lose all of their money so for that reason they withdraw their funds immediately and thinks that they saved their money but again they invest it in another stock and if the market goes down, again they do the same mistake. here the investors tries to avoid the market fluctuations which they thinks as losses. if they can manage their investing by holding it for some more time or by buying more of it shares with a view to average its price. so for that reason he said "successful investing is about managing risk, not avoiding it."

• "to be an investor you must be a believer in a better tomorrow." 

                    according to benjamin graham "to be an investor you must be a believer in a better tomorrow" he said this because many of the peoples who start investing were impatient. if they were bearing losses then they immediately sell the stocks to reduce the loss however that's a human psychology so that is okay, but even when if they were getting a small profit they booked that and sell the stocks. they don't think that they can get even more returns then they are getting now by holding it for a long time.

• "in the short run the market is a voting machine but in the long run the market is a weighing machine". 

                  here he says this because he is comparing the voting machine and weighing machine with the risks and rewards of the markets. as the voting machine only handles the weight of our finger it means it is taking lower risk which also provides lower returns and cannot create wealth with the help of it but the weighing machine handles the weight of the whole body it means it is taking complete risk which helps to also give higher returns and also helps to make a good wealth and holding a stock for long time means automatic risk reduction.

• "the individual investor should act consistently as an investor and not as a speculator." 

                many times it seems that because of the market volatility many of the new investors can turned down to traders. as they can't understand the market fluctuations so because of that reason benjamin said that "the individual investor should act consistently as an investor and not as a speculator". because as they are new in the market also while doing speculation there are the most chances of losing money due to lack of knowledge and experience.