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
We like to buy businesses, but we don't like to sell them.
You do not adequately protect yourself by being half awake when other are sleeping.
A great investment opportunity occurs when a marvelous business encounters a one-time huge, but solvable problem.
It's not debt per say that overwhelms an individual corporation or country. Rather it is a continuous increase in debt in relation to income that causes trouble.
I don't measure my life by the money I've made. Other people might, but certainly don't.
If at first you do succeed, quit trying on investing.
An investor needs to do very few things right as long as he or she avoids big mistakes.
I knew a lot about what I did when I was 20. I had read a lot, and I aspired to learn everything I could about the subject.
I never buy anything unless I can fill out on a piece of paper my reasons. I may be wrong, but I would know the answer to that ...I'm paying $32 billion today for the Coca Cola Company because... If you can't answer that question, you shouldn't buy it. If you can answer that question, and you do it a few times, you'll make a lot of money.
Cash never makes us happy, but it's better to have the money burning a hole in Berkshire's pocket than resting comfortably in someone else's.
Diversification is a protection against ignorance. It makes very little sense for those who know what they're doing.
In my view, [the trade deficit] will create political turmoil at some point...Pretty soon, I think there will be a big adjustment.
At Berkshire, I both initiate and monitor every derivatives contract on our books ... If Berkshire ever gets in trouble, it will be my fault. It will not be because of the misjudgments made by a risk committee or chief risk officer.
The reaction of weak management to weak operations is often weak accounting.