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Warren Buffett

Warren Buffett Quotes

Investor

Warren Buffett, born on August 30, 1930, is a renowned investor. Known as the 'Oracle of Omaha,' he is the chairman and CEO of Berkshire Hathaway, a diversified holding company involved in insurance, railroads, energy, finance, and more. Buffett's investment philosophy emphasizes value investing, and he is known for his long-term investment and stable investment strategies.

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Famous Warren Buffett Quotes

“The speed at which a business success is recognized, furthermore, is not that important as long as the company's intrinsic value is increasing at a satisfactory rate. In fact, delayed recognition can be an advantage: It may give us the chance to buy more of a good thing at a bargain price.”

Giving May Long Important Facts Values Chance Business Company Advantage Good Things Rate Speed Recognition Business Success Bargains Delayed Intrinsic Value

Author:Warren Buffett

“The much-maligned idle rich have received a bad rap: They have maintained their wealth while many There is scarcely an instance of a man who has made a fortune by speculation and kept it. Andrew Carnegie of the energetic rich, aggressive real estate operators, corporate acquirers, oil drillers, etc. have their fortunes disappear.”

Men Made Real Wealth Rich Fortune Rap Oil Disappear Riches Instance Corporate Etc Aggressive Idle Estates Speculation Energetic Andrew Operators Carnegie

Author:Warren Buffett

“When investing, pessimism is your friend, euphoria the enemy.”

Enemy Investing Financial Pessimism Euphoria Financial Success

Author:Warren Buffett

“Investment philosophy is the clear understanding that by owning shares of stocks he owns businesses, not pieces of paper.”

Philosophy Understanding Clear Pieces Share Paper Investment

Author:Warren Buffett

“Banking is very good business if you don't do anything dumb.”

Ifs Very Good Dumb Banking Good Business

Author:Warren Buffett

“The banking business is no favorite of ours. When assets are twenty times equity - a common ratio in this industry - mistakes that involve only a small portion of assets can destroy a major portion of equity. And mistakes have been the rule rather than the exception at many major banks.”

Has Beens Common Mistake Industry Majors Twenties Exception Assets Portions Banking Equity Ratios

Author:Warren Buffett

“Someone's sitting in the shade today because someone planted a tree a long time ago. The person sitting in the shade now should be grateful for the person who planted and tended that tree. That includes all those benefactors of humanity throughout history that created, invented, financed, produced, maintained and improved all that we enjoy today.”

Should Persons Long Today Humanity Enjoy Tree Gratitude Long Time Sitting Grateful Shade Be Grateful Long Time Ago Benefactors Enjoy Today

Author:Warren Buffett

“The time to buy stocks is consistently over time. You should never buy your investments with the idea, 'I have to get a certain return.' You should look at the best return possible and learn to live with that. But you should not try to make your investments earn what you feel you need. It doesn't work that way. The stock doesn't know you own it.”

Knows Way Needs Feels Should Trying Looks Ideas Wisdom Certain Return Investment Consistently

Author:Warren Buffett

“I do not believe in inheriting your position in society based on which womb you come from... I think a rich person should leave his children enough so they can do anything, but not enough so they can do nothing.”

Thinking Should Believe Children Persons Enough Wisdom Can Do Rich Position Womb Rich Person

Author:Warren Buffett

“The obligation of a society as prosperous as ours is to figure out how nobody gets left too far behind.”

Left Behinds Figures Obligation Prosperous

Author:Warren Buffett

“Everybody's got a different circle of competence. The important thing is not how big the circle is. The important thing is staying inside the circle.”

Important Different Bigs Important Things Circles Staying Competence

Author:Warren Buffett

“My favorite time frame for holding a stock is forever.”

Forever My Favorite

Author:Warren Buffett

“The future is never clear; you pay a very high price in the stock market for a cheery consensus. Uncertainty actually is the friend of the buyer of long-term values.”

Long Values Term Pay Clear Uncertainty Long Term Consensus Buyers High Prices

Author:Warren Buffett

“The greatest investment a young person can make is in their own education, in their own mind. Because money comes and goes. Relationships come and go. But what you learn once stays with you forever.”

Mind Persons Young Forever Investment Comes And Goes Money Comes And Goes

Author:Warren Buffett

“Generally speaking, investing in yourself is the best thing you can do. Anything that improves your own talents; nobody can tax it or take it away from you. They can run up huge deficits and the dollar can become worth far less. You can have all kinds of things happen. But if you’ve got talent yourself, and you’ve maximized your talent, you’ve got a tremendous asset that can return ten-fold.”

Ifs Kind Happens Running Can Do Talent Huge Return Ten Taxes Dollars Investing Things Happen All Kinds Best Things Assets Deficit Folds Away From You

Author:Warren Buffett

“I was lucky enough to be born in a time and place where society values my talent, and gave me a good education to develop that talent, and set up the laws and the finanical system to let me do what I love doing-and make a lot of money doing it. The least I can do is help pay for all that.”

I Can Enough Helping Law Values Can Do Born Pay Talent Lucky Let Me Lots Of Money Good Education

Author:Warren Buffett

“I’ve worked in an economy that rewards someone who saves the lives of others on a battlefield with a medal, rewards a great teacher with thank-you notes from parents, but rewards those who can detect the mispricing of securities with sums reaching into the billions.”

Long Parent Economy Teacher Fate Security Notes Rewards Billions Reaching Distribution Medal Battlefields Great Teacher Straws Lives Of Others Capricious Thank You Note

Author:Warren Buffett

“The best investment you can make is in yourself.”

Inspirational Entrepreneur Investment Best Investment Investment Success Invest In Yourself Horsepower

Author:Warren Buffett

“OUR leaders have asked for “shared sacrifice.” But when they did the asking, they spared me. I checked with my mega-rich friends to learn what pain they were expecting. They, too, were left untouched.”

Pain Left Leader Rich Sacrifice Asking Expecting Mega

Author:Warren Buffett

“A newspaper that reduces its coverage of the news important to its community is certain to reduce its readership as well”

Wells Important Certain Community News Newspapers Coverage Readership

Author:Warren Buffett

“Beware [of] the investment activity that produces applause; the great moves are usually greeted by yawns.”

Moving Produce Activity Investment Applause

Author:Warren Buffett

“The best thing I did was choose the right heroes.”

Hero Best Things

Author:Warren Buffett

“Games are won by players who focus on the playing field -- not by those whose eyes are glued to the scoreboard.”

Eye Games Focus Player Fields Investing Playing Fields Scoreboard

Author:Warren Buffett

“The most important investment you can make is in yourself... nobody can tax it or take it away from you.”

Important Taxes Investment Away From You

Author:Warren Buffett

“Bad terminology is the enemy of good thinking.”

Thinking Enemy Terminology Good Thinking

Author:Warren Buffett

“The one piece of advice I can give you is, do what turns you on. Do something that if you had all the money in the world, you’d still be doing it. You’ve got to have a reason to jump out of bed in the morning.”

Ifs World Giving Stills I Can Reason Turns Morning Pieces Advice Bed One Piece

Author:Warren Buffett

“We only want to link up with people whom we like, admire, and trust. ... We do not wish to join with managers who lack admirable qualities, no matter how attractive the prospects of their business. We've never succeeded in making a good deal with a bad person.”

People Want Persons Matter Wish Deals Quality Admire Managers Attractive Links Admirable Prospects Admirable Qualities

Author:Warren Buffett

“Investors have to remember: corporate profits are going up, but stocks are going up faster. How can that continue indefinitely? Investors can only earn what companies themselves can earn; the government or the markets themselves don't kick anything in. How can you get anything more out of a farm than what it grows?”

Government Remember Grows Company Profit Faster Corporate Kicks Farms Investors

Author:Warren Buffett

“If you gave me $100 billion and said take away the soft drink leadership of Coca-Cola in the world, I'd give it back to you and say it can't be done.”

Ifs World Giving Said Done Drink Billions Coca Cola Soft Drinks

Author:Warren Buffett

“Problems in a company are like cockroaches in the kitchen. You will never find just one”

Problem Company Kitchen Just One Cockroaches

Author:Warren Buffett

“We have usually made our best purchases when apprehensions about some macro event were at a peak. Fear is the foe of the faddist, but the friend of the fundamentalist.”

Made Events Foe Apprehension Fundamentalist Macro

Author:Warren Buffett

“If you're an investor, you're looking on what the asset is going to do, if you're a speculator, you're commonly focusing on what the price of the object is going to do, and that's not our game.”

Ifs Games Objects Assets Investors Speculators

Author:Warren Buffett

“I never try to predict the market.”

Author:Warren Buffett

“Yeah, we don't consider many stupid things. I mean, we get rid of 'em fast...Just getting rid of the nonsense -- just figuring out that if people call you and say, 'I've got this great, wonderful idea', you don't spend 10 minutes once you know in the first sentence that it isn't a great, wonderful idea...Don't be polite and go through the whole process.”

People Ifs Knows Firsts Mean Ideas Whole Process Wonderful Minutes Stupid Yeah Simplicity Sentences Nonsense Ems Polite Stupid Things

Author:Warren Buffett

“Our policy is to concentrate holdings. We try to avoid buying a little of this or that when we are only lukewarm about the business or its price. When we are convinced as to attractiveness, we believe in buying worthwhile amounts.”

Trying Believe Littles Policy Amount Investing Convinced Buying Worthwhile Attractiveness Lukewarm Diversification

Author:Warren Buffett

“Having a large amount of leverage is like driving a car with a dagger on the steering wheel pointed at your heart. If you do that, you will be a better driver. There will be fewer accidents but when they happen, they will be fatal.”

Ifs Heart Happens Car Amount Accidents Driving Wheels Drivers Fewer Daggers Steering

Author:Warren Buffett

“Activity is the enemy of investment returns.”

Enemy Return Activity Investment Investing

Author:Warren Buffett

“An IPO is like a negotiated transaction - the seller chooses when to come public - and it's unlikely to be a time that's favourable to you.”

Unlikely Transactions Sellers

Author:Warren Buffett

“If the world couldn't see your results, would you rather be thought of as the world's greatest investor but in reality have the world's worst record? Or be thought of as the world's worst investor when you were actually the best?”

Ifs World Reality Results Records Worst Investors

Author:Warren Buffett

“Businesses always have opportunities to improve service, product lines, manufacturing techniques, and the like, and obviously these opportunities should be seized. But a business that constantly encounters major change also encounters many chances for major error”

Should Opportunity Lines Chance Products Majors Errors Technique Encounters Manufacturing Major Change

Book:Warren Buffett on Business: Principles from the Sage of Omaha

Source: Warren Buffett on Business: Principles from the Sage of Omaha

“Part of making good decisions in business is recognizing the poor decisions you've made and why they were poor. I've made lots of mistakes. I'm going to make more. It's the name of the game. You don't want to expect perfection in yourself. You want to strive to do your best. It's too demanding to expect perfection in yourself.”

Want Made Games Names Decision Poor Mistake Perfection Strive Recognizing Good Decision Poor Decisions

Author:Warren Buffett

“When you're associating with the people that you love, doing what you love, it doesn't get any better than that.”

People What You Love Doing What You Love

Author:Warren Buffett

“The (stock) market is there only as a reference point to see if anybody is offering to do anything foolish. When we invest in stocks, we invest in businesses.”

Ifs Foolish Offering

Author:Warren Buffett

“In investing, just as in baseball, to put runs on the scoreboard, one must watch the playing field, not the scoreboard.”

Running Watches Fields Baseball Investing Playing Fields Scoreboard

Author:Warren Buffett

“In the search [of a deal], we adopt the same attitude one might find appropriate in looking for a spouse: It pays to be active, interested, and open-minded, but it does not pay to be in a hurry.”

Doe Might Deals Pay Attitude Active Appropriate Spouse Open Minded

Author:Warren Buffett

“You don't need to be an expert in order to achieve satisfactory investment returns. But if you aren't, you must recognize your limitations and follow a course certain to work reasonably well. Keep things simple and don't swing for the fences.”

Ifs Needs Wells Certain Order Courses Simple Achieve Return Investment Limitation Experts Swings Fence

Author:Warren Buffett

“Read 500 pages every day. That's how knowledge works. It builds up like compound interest.”

Interest Pages Working It Compounds Compound Interest

Author:Warren Buffett

“At age 19, I read a book [The Intelligent Investor] and what I'm doing today, at age 76, is running things through the same thought process I learned from the book I read at 19.”

Book Running Age Today Process Intelligent Investors Thought Process

Author:Warren Buffett

“If you don't know jewelry, know the jeweler.”

Ifs Knows Jewelry

Author:Warren Buffett

“You should invest in a business that even a fool can run, because someday a fool will.”

Should Running Fool Someday

Author:Warren Buffett

About the Author

Born: August 30, 1930
Known for: Investor
Quotes: 977

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Investing Ifs People Investment Buffets Thinking Investors Should Business Knows

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People Ifs Thinking Knows Men World Way Want Love Life Inspirational Needs Giving Feels Should Writing Trying Years Mind Firsts

Books & Sources

Warren Buffett on Business: Principles from the Sage of OmahaRelated source material

The Essays of Warren Buffett: Lessons for Corporate America (Third Edition)Related source material

The Essays of Warren Buffett : Lessons for Corporate AmericaRelated source material

Berkshire Hathaway Letters to ShareholdersRelated source material

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