Warren Buffett

Investment Businessman American Born 1930 (age 96)

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

383 quotes

"Investing is simple, but not easy."
Wisdom
"To invest successfully over a lifetime does not require a stratospheric IQ, unusual business insights, or inside information."
Success
"The goal of the nonprofessional should not be to pick winners—both in the area of selecting stocks or in the area of picking a time to be in when they're effective for Commons."
"If you're in the business of selling information or technology or anything of the kind, you don't want someone competing with you."
"Opportunities come infrequently. When it rains gold, put out the bucket, not the thimble."
"The best investment is in yourself. The more you invest in yourself, the better you become."
Education
"It's far better to buy a wonderful company at a fair price than a fair company at a wonderful price."
Money
"Risk comes from not knowing what you're doing."
Knowledge
"The three most important words in investing are 'margin of safety'."
Wisdom
"You don't have to see the whole staircase, just take the first step."
Courage
"Wall Street is the only place that people drive to in a Rolls-Royce to get advice from those who take the subway."
Humor
"Diversification is a protection against ignorance."
Knowledge
"Honesty is an expensive gift. Don't expect it from cheap people."
Truth
"The best business to own is one that, over an extended period, can employ large amounts of incremental capital at very high rates of return."
Success
"If you aren't willing to own a stock for ten years, don't even think about owning it for ten minutes."
Patience
"As a business owner, you want customers who like you, trust you, and feel good about giving you their money."
Leadership
"Be fearful when others are greedy and greedy when others are fearful."
Money
"The investor of today does not profit from yesterday's growth."
Time
"Price is what you pay; value is what you get."
Wisdom
"In the short term, the market is a voting machine. In the long term, it's a weighing machine."
Success
"A low-cost index fund is the most sensible equity investment for the vast majority of investors."
Knowledge
"The secret to getting ahead is getting started."
Motivation
"Games are won by players who focus on the playing field, not on the scoreboard."
"I make my best investment decisions when I'm bored."
Wisdom
"Do not save what is left after spending; instead spend what is left after saving."
Money
"The ability to say no is a tremendous advantage for an investor."
Strength
"I never try to make money on the stock market. I just try to save money."
Money
"Common sense is not common."
Wisdom
"Confidence is built by taking action and seeing results."
Courage
"An investor needs to do very few things right in his lifetime as long as he avoids big mistakes."
Wisdom