Top 50 Warren Buffett quotes
50 Warren Buffett quotes:
- “Rule No.1: Never lose money. Rule No.2: Never forget rule No.1.”
- “The stock market is a device for transferring money from the impatient to the patient.”
- “Price is what you pay. Value is what you get.”
- “It takes 20 years to build a reputation and five minutes to ruin it. If you think about that, you’ll do things differently.”
- “Risk comes from not knowing what you’re doing.”
- “The difference between successful people and really successful people is that really successful people say no to almost everything.”
- “I never attempt to make money on the stock market. I buy on the assumption that they could close the market the next day and not reopen it for five years.”
- “You only have to do a very few things right in your life so long as you don’t do too many things wrong.”
- “The most important investment you can make is in yourself.”
- “Someone is sitting in the shade today because someone planted a tree a long time ago.”
- “It’s better to hang out with people better than you. Pick out associates whose behavior is better than yours and you’ll drift in that direction.”
- “In the world of business, the people who are most successful are those who are doing what they love.”
- “Opportunities come infrequently. When it rains gold, put out the bucket, not the thimble.”
- “A public-opinion poll is no substitute for thought.”
- “We simply attempt to be fearful when others are greedy and to be greedy only when others are fearful.”
- “If you aren’t thinking about owning a stock for 10 years, don’t even think about owning it for 10 minutes.”
- “Honesty is a very expensive gift. Don’t expect it from cheap people.”
- “The best thing I did was choose the right heroes.”
- “The business schools reward difficult complex behavior more than simple behavior, but simple behavior is more effective.”
- “If you’re in the luckiest 1% of humanity, you owe it to the rest of humanity to think about the other 99%.”
- “Never invest in a business you cannot understand.”
- “It’s better to be approximately right than precisely wrong.”
- “Our favorite holding period is forever.”
- “When a management team with a reputation for brilliance tackles a business with a reputation for bad economics, it is the reputation of the business that remains intact.”
- “You do things when the opportunities come along. I’ve had periods in my life when I’ve had a bundle of ideas come along, and I’ve had long dry spells. If I get an idea next week, I’ll do something. If not, I won’t do a damn thing.”
- “The investor of today does not profit from yesterday’s growth.”
- “If past history was all there was to the game, the richest people would be librarians.”
- “Only buy something that you’d be perfectly happy to hold if the market shut down for 10 years.”
- “It’s not necessary to do extraordinary things to get extraordinary results.”
- “Chains of habit are too light to be felt until they are too heavy to be broken.”
- “I don’t look to jump over 7-foot bars; I look around for 1-foot bars that I can step over.”
- “Time is the friend of the wonderful company, the enemy of the mediocre.”
- “Wall Street is the only place that people ride to in a Rolls Royce to get advice from those who take the subway.”
- “Never forget that everything you do is ultimately for your customers.”
- “The most important quality for an investor is temperament, not intellect.”
- “It’s not what you own that matters, it’s what you pay for it.”
- “The key to investing is not assessing how much an industry is going to affect society, or how much it will grow, but rather determining the competitive advantage of any given company and, above all, the durability of that advantage.”
- “The best investment you can make is in your own abilities. Anything you can do to develop your own abilities or business is likely to be more productive.”
- “If you want to achieve lasting success, don’t get distracted by short-term trends and fads.”
- “It’s better to be roughly right than precisely wrong.”
- “The most important thing to do if you find yourself in a hole is to stop digging.”
- “It’s far better to buy a wonderful company at a fair price than a fair company at a wonderful price.”
- “Never test the depth of the river with both feet.”
- “In the world of business, the rearview mirror is always clearer than the windshield.”
- “If you don’t find a way to make money while you sleep, you will work until you die.”
- “It’s not necessary to do extraordinary things to get extraordinary results.”
- “It’s better to be a giver than a receiver.”
- “The best thing a human being can do is to help another human being know more.”
- “You can’t make someone love you, but you can make yourself someone who can be loved.”
- “The stock market is a no-called-strike game. You don’t have to swing at everything – you can wait for your pitch.”
- “Investing is simple, but not easy.”
These are just a few of Warren Buffett’s many famous quotes that provide insight into his investment philosophy and overall approach to business and life.