Warren Buffett

Investment Businessman American Born 1930 (age 96)

'It's far better to buy a wonderful company at fair price.'

383 quotes

"Never invest in a business you cannot understand."
Wisdom
"Predicting rain doesn't count. Building arks does."
Leadership
"I would rather earn 1% off of 100 people's efforts than 100% of my own efforts."
Leadership
"The key to success is to focus on goals, not obstacles."
Motivation
"An investment in knowledge always pays the best interest."
Education
"The greatest security to all the relationships in your life comes from honesty and integrity."
Relationships
"Money is a bet on the future of a country. You're voting with your money."
Faith
"Good ideas are not adopted automatically. They must be driven into practice with courageous patience."
Courage
"It is far better to buy a good stock at a good price than to suffer through a bad one."
Wisdom
"Markets reward you for taking calculated risks."
Courage
"The difference between a stock and a bond is that the stock is an ownership interest."
Knowledge
"Management quality is important but price is crucial."
Wisdom
"In the short term, the market is a voting machine. In the long term, it's a weighing machine."
Time
"Most people get interested in stocks when everyone else is. The time to get interested is when no one else is."
Success
"Do what you love and work for whom you admire, and the money will follow."
Dreams
"A public-opinion poll is no substitute for thinking."
Wisdom
"The fundamental principle behind successful investing is that you should never lose money."
Perseverance
"You gain more control over your life by cooperating with people, not against them."
Relationships
"The key insight is that you should be greedy when others are fearful, not when they are greedy."
Wisdom
"You should invest like a farmer, not like a trader."
Philosophy
"Compound interest is the eighth wonder of the world. He who understands it, earns it; he who doesn't, pays it."
Knowledge
"I haven't had a Coke that wasn't paid for in many decades."
Humor
"The person who says it cannot be done should not interrupt the person doing it."
Motivation
"Lethargy bordering on sloth remains the cornerstone of our investment style."
Humor
"As a group, stocks have returned around 10% annually over time."
Knowledge
"The big money is not in the buying and selling, but in the waiting."
Patience
"Successful investing is about owning businesses, not owning pieces of paper."
Wisdom
"I think what we've got is capitalism, dynamic capitalism, and some people don't like rapid change."
Change
"You don't need to be a rocket scientist. Investing is not that complicated."
Wisdom
"One should as a rule respect public opinion in so far as is necessary to avoid starvation and imprisonment, but anything that goes beyond this is voluntary submission to an unnecessary tyranny."
Freedom