Home / Quotes / Quote by Warren Buffett

Quote by Warren Buffett

“Stocks of companies selling commodity-like products should come with a warning label: "Competition may prove hazardous to human wealth".”

Quote by Warren Buffett

Author

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. more

You May Also Like

“Having first rate people on the team is more important than designing hierarchies and clarifying who reports to whom.”

People Firsts Important Team Design Rate Reports Hierarchy Clarifying

Author:Warren Buffett

“We set no volume goals in our insurance business generally-and certainly not in reinsurance-as virtually any volume can be achieved if profitability standards are ignored.”

Ifs Goal Standards Volume Ignored Profitability

Author:Warren Buffett

“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.”

Court Mail Microsoft Minneapolis

Author:Warren Buffett

“You have no ability, if you're a financial institution and you're threatened with criminal prosecution, you have no ability to negotiate.”

Ifs Ability Institutions Financial Criminals Threatened Prosecution Financial Institutions

Author:Warren Buffett

“I think that both parties should declare the debt limit as a political weapon of mass destruction which can't be used. I mean, it is silly to have a country that has 237 years building up its reputation and then have people threaten to tear it down because they're not getting some other matter.”

“I have a house that I bought 55 years ago. It's warm in the winter; it's cool in the summer. It has everything I wanted, plus it has all kinds of good memories. Like my kids, I have good thoughts about that. I can't imagine living any better.”

Years Kind I Can Kids Wanted House Memories Imagine Summer Years Ago Winter Warm All Kinds Plus Good Thoughts Good Memories

Author:Warren Buffett

“Take the high road; it's far less crowded.”

Crowded High Road Taking The High Road

Author:Warren Buffett

“I would rather sustain the penalties resulting from over-conservatism than face the consequences of error, perhaps with permanent capital loss, resulting from the adoption of "New Era" philosophy where trees really do grow to the sky.”

Philosophy Faces Grows Loss Tree Sky Consequence Errors Eras Permanent Adoption Penalties Conservatism New Era

Author:Warren Buffett

“My net worth is the market value of holdings less the tax payable upon sale. The liability is just as real as the asset unless the value of the asset declines (ouch), the asset is given away (no comment), or I die with it. The latter course of action would appear to at least border on a Pyrrhic victory.”

Real Action Values Dies Courses Given Victory Taxes Borders Latter Assets Comment Decline Liability Net Worth Ouch

Author:Warren Buffett

“Investment decision should be made on the basis of the most probable compounding of after-tax net worth with minimum risk.”

Should Made Decision Risk Taxes Bases Investment Minimum Net Worth

Author:Warren Buffett