Warren Edward Buffett (Born August 30, 1930) is an American business magnate, investor, and philanthropist.
Warren Buffett is widely considered the most successful investor of the 20th century. Buffett is the primary shareholder, chairman and CEO of Berkshire Hathaway and consistently ranked among the world’s wealthiest people. He was ranked as the world’s wealthiest person in 2008 and as the third wealthiest person in 2011. In 2012, American magazine Time named Buffett one of the most influential people in the world.
Buffett is called the “Wizard of Omaha”, “Oracle of Omaha”, or the “Sage of Omaha” and is noted for his adherence to the value investing philosophy and for his personal frugality despite his immense wealth. Buffett is also a notable philanthropist, having pledged to give away 99 percent of his fortune to philanthropic causes, primarily via the Gates Foundation.
Someone’s sitting in the shade today because someone planted a tree a long time ago.
Rule No.1: Never lose money.
Rule No.2: Never forget rule No.1.
Risk comes from not knowing what you’re doing.
It takes 20 years to build a reputation and five minutes to ruin it. If you think about that, you’ll do things differently.
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.
Never count on making a good sale. Have the purchase price be so attractive that even a mediocre sale gives good results.
A public-opinion poll is no substitute for thought.
Price is what you pay. Value is what you get.
If a business does well, the stock eventually follows.
The investor of today does not profit from yesterday’s growth.
I always knew I was going to be rich. I don’t think I ever doubted it for a minute.
You only have to do a very few things right in your life so long as you don’t do too many things wrong.
You don’t need to be a rocket scientist. Investing is not a game where the guy with the 160 IQ beats the guy with 130 IQ.
I try to buy stock in businesses that are so wonderful that an idiot can run them. Because sooner or later, one will.
In the business world, the rearview mirror is always clearer than the windshield.
Chains of habit are too light to be felt until they are too heavy to be broken.
It’s far better to buy a wonderful company at a fair price than a fair company at a wonderful price.
Read here excellent Quotes of Warren Buffett about Earning, spending, saving and investing.
