Warren Buffett
Warren Buffett
Warren Edward Buffett is an American business magnate, investor and philanthropist. He is considered by some to be one of the most successful investors in the world. Buffett is the chairman, CEO and largest shareholder of Berkshire Hathaway, and is consistently ranked among the world's wealthiest people. He was ranked as the world's wealthiest person in 2008 and as the third wealthiest in 2015. In 2012 Time named Buffett one of the world's most influential people...
NationalityAmerican
ProfessionEntrepreneur
Date of Birth30 August 1930
CityOmaha, NE
CountryUnited States of America
I’ve never believed in risking what my family and friends have and need in order to pursue what they don’t have and don’t need.
We do not have, nor have had, and never will have an opinion about where the stock market, interest rates, or business activity will be a year from now.
A pack of lemmings looks like a group of rugged individualists compared with Wall Street when it gets a concept in its teeth.
First, many in Wall Street - a community in which quality control is not prized - will sell investors anything they will buy.
Uncertainty is the friend of the buyer of long term values.
One’s objective should be to get it right, get it quick, get it out and get it over. Your problem won’t improve with age.
The important thing is to keep playing, to play against weak opponents and to play for big stakes.
Much success can be attributed to inactivity. Most investors cannot resist the temptation to constantly buy and sell.
An investor will succeed by coupling good business judgment with an ability to insulate his thoughts and behavior from the super-contagious emotions that swirl about the marketplace.
You ought to be able to explain why you’re taking the job you’re taking, why you’re making the investment you’re making, or whatever it may be. And if it can’t stand applying pencil to paper, you’d better think it through some more. And if you can’t write an intelligent answer to those questions, don’t do it.
We will reject interesting opportunities rather than over-leverage our balance sheet.
I wouldn’t mind going to jail if I had three cellmates who played bridge
In other words, the percentage change in book value in any given year is likely to be reasonably close to that year's change in intrinsic value.
All I have to do is think and not be influenced by others,