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Quote by Warren Buffett

“If you buy things you do not need, soon you will have to sell things you need.”

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

“In a bull market, one must avoid the error of the preening duck that quacks boastfully after a torrential rainstorm, thinking that its paddling skills have caused it to rise in the world. A right-thinking duck would instead compare its position after the downpour to that of the other ducks on the pond.”

Thinking World Position Skills Errors Compare Ducks Bulls Ponds Buffets Quacks Paddling Bull Markets Rainstorms

Author:Warren Buffett

“Managers and investors alike must understand that accounting numbers are the beginning, not the end, of business valuation.”

Ends Numbers Managers Investors Beginning Billionaire Accounting Valuation

Author:Warren Buffett

“Interest rates are to asset prices what gravity is to the apple. When there are low interest rates, there is a very low gravitational pull on asset prices.”

Interest Lows Rate Apples Assets Gravity Interest Rate

Author:Warren Buffett

“I happen to have a talent for allocating capital. But my ability to use that talent is completely dependent on the society I was born into. If I'd been born into a tribe of hunters, this talent of mine would be pretty worthless. I can't run very fast. I'm not particularly strong. I'd probably end up as some wild animal's dinner.”