50 Incredible Quotes by Warren Buffet

Warren Buffet is an American investor, business magnate and a philanthropist. As of February ’17, he is the second wealthiest person in the world with a total net worth of $73.9 billion.

He is 86 years old and has been the chairman & largest shareholder of Berkshire Hathaway since 1970.

50 Incredible Quotes by Warren Buffet:

1. “Someone is sitting in the shade today because someone planted a tree a long time ago.” – Warren Buffet

2. “Rule No.1: Never lose money. Rule No.2: Never forget rule No.1.” – Warren Buffet

3. “In the business world, the rearview mirror is always clearer than the windshield.” – Warren Buffet

4. “Price is what you pay. Value is what you get.” – Warren Buffet

5. “I buy expensive suits. They just look cheap on me.” – Warren Buffet

6. “Predicting rain doesn’t count. Building arks does.” – Warren Buffet

7. “Basically, when you get to my age, you’ll really measure your success in life by how many of the people you want to have love you actually do love you.” – Warren Buffet

8. “If past history was all there was to the game, the richest people would be librarians.” – Warren Buffet

9. “The smarter the journalists are, the better off society is. For to a degree, people read the press to inform themselves – and the better the teacher, the better the student body.” – Warren Buffet

10. “I am quite serious when I say that I do not believe there are, on the whole earth besides, so many intensified bores as in these United States. No man can form an adequate idea of the real meaning of the word, without coming here.” – Warren Buffet

11. “It’s far better to buy a wonderful company at a fair price than a fair company at a wonderful price.” – Warren Buffet

12. “I always knew I was going to be rich. I don’t think I ever doubted it for a minute.” – Warren Buffet

13. “Today people who hold cash equivalents feel comfortable. They shouldn’t. They have opted for a terrible long-term asset, one that pays virtually nothing and is certain to depreciate in value.” – Warren Buffet

14. “Chains of habit are too light to be felt until they are too heavy to be broken.” – Warren Buffet

15. “You do things when the opportunities come along. I’ve had periods in my life when I’ve had a bundle of ideas come along, and I’ve had long dry spells. If I get an idea next week, I’ll do something. If not, I won’t do a damn thing.” – Warren Buffet

 

50 Incredible Quotes by Warren Buffet

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16. “I don’t look to jump over 7-foot bars: I look around for 1-foot bars that I can step over.” – Warren Buffet

17. “The investor of today does not profit from yesterday’s growth.” – Warren Buffet

18. “You only have to do a very few things right in your life so long as you don’t do too many things wrong.” – Warren Buffet

19. “We simply attempt to be fearful when others are greedy and to be greedy only when others are fearful.” – Warren Buffet

20. “Time is the friend of the wonderful company, the enemy of the mediocre.” – Warren Buffet

21. “I would say the most satisfying thing actually is watching my three children each pick up on their own interests and work many more hours per week than most people that have jobs at trying to intelligently give away that money in fields that they particularly care about.” – Warren Buffet

22. “I sent one e-mail in my life. I sent it to Jeff Raikes at Microsoft, and it ended up in court in Minneapolis, so I am one for one.” – Warren Buffet

23. “There seems to be some perverse human characteristic that likes to make easy things difficult.” – Warren Buffet

24. “There seems to be some perverse human characteristic that likes to make easy things difficult.” – Warren Buffet

25. “When you combine ignorance and leverage, you get some pretty interesting results.” – Warren Buffet

26. “Wall Street is the only place that people ride to in a Rolls Royce to get advice from those who take the subway.” – Warren Buffet

27. “I bought a company in the mid-’90s called Dexter Shoe and paid $400 million for it. And it went to zero. And I gave about $400 million worth of Berkshire stock, which is probably now worth $400 billion. But I’ve made lots of dumb decisions. That’s part of the game.” – Warren Buffet

28. “Should you find yourself in a chronically leaking boat, energy devoted to changing vessels is likely to be more productive than energy devoted to patching leaks.” – Warren Buffet

29. “Look at market fluctuations as your friend rather than your enemy; profit from folly rather than participate in it.” – Warren Buffet

30. “When a management with a reputation for brilliance tackles a business with a reputation for bad economics, it is the reputation of the business that remains intact.” – Warren Buffet

31. “Only when the tide goes out do you discover who’s been swimming naked.” – Warren Buffet

32. “I never attempt to make money on the stock market. I buy on the assumption that they could close the market the next day and not reopen it for five years.” – Warren Buffet

33. “The only way to get love is to be lovable. It’s very irritating if you have a lot of money. You’d like to think you could write a check: ‘I’ll buy a million dollars’ worth of love.’ But it doesn’t work that way. The more you give love away, the more you get.” – Warren Buffet

34. “It’s better to hang out with people better than you. Pick out associates whose behavior is better than yours and you’ll drift in that direction.” – Warren Buffet

35. “There are 309 million people out there that are trying to improve their lot in life. And we’ve got a system that allows them to do it.” – Warren Buffet

36. “The big question about how people behave is whether they’ve got an Inner Scorecard or an Outer Scorecard. It helps if you can be satisfied with an Inner Scorecard.” – Warren Buffet

37. “We enjoy the process far more than the proceeds.” – Warren Buffet

38. “The business schools reward difficult complex behavior more than simple behavior, but simple behavior is more effective.” – Warren Buffet

39. “Risk comes from not knowing what you’re doing.” – Warren Buffet

40. “Your premium brand had better be delivering something special, or it’s not going to get the business.” – Warren Buffet

41. “The best thing I did was to choose the right heroes.” – Warren Buffet

42. “If you get to my age in life and nobody thinks well of you, I don’t care how big your bank account is, your life is a disaster.” – Warren Buffet

43. “Only buy something that you’d be perfectly happy to hold if the market shut down for 10 years.” – Warren Buffet

44. “A public-opinion poll is no substitute for thought.” – Warren Buffet

45. “Beware of geeks bearing formulas.” – Warren Buffet

46. “If anything, taxes for the lower and middle class and maybe even the upper middle class should even probably be cut further. But I think that people at the high end – people like myself – should be paying a lot more in taxes. We have it better than we’ve ever had it.” – Warren Buffet

47. “I am a huge bull on this country. We will not have a double-dip recession at all. I see our businesses coming back almost across the board.” – Warren Buffet

48. “Our favorite holding period is forever.” – Warren Buffet

49. “Wide diversification is only required when investors do not understand what they are doing.” – Warren Buffet

50. “Risk is a part of God’s game, alike for men and nations.” – Warren Buffet

What do you think about the list? Let us know your favorite quote in the comment section below!

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3 Responses

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    […] 50 Incredible Quotes by Warren Buffet […]

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    […] is also known as the Warren Buffet of Mexico and is known to invest in diverse fields including education, health care, industrial […]

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