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
When you listen to tax-cut rhetoric, remember that giving one class of taxpayer a break requires - now or down the line - that an equivalent burden be imposed on other parties. In other words, if I get a break, someone else pays. Government can't deliver a free lunch to the country as a whole. It can however, determine who pays for lunch.
Unfortunately, the hangover may prove to be proportional to the binge.
I like to buy things I can understand. I do a lot of research on things.
Making money isn't the backbone of our guiding purpose; it is the by-product of our guiding purpose.
Never give up searching for the job that you're passionate about.
It is easier to rationalize than it is to be rational.
The best education you can get is investing in yourself, and that doesn't mean college or university.
We all make mistakes. If you can't make mistakes, you can't make decisions. I've made a lot bigger mistakes myself.
The key to life is to figure out who to be the batboy for.
...I will give you two pieces of advice. Invest as much in yourself as you can; you are your own best asset by far. Then follow your passion; you want to be really excited to get out of bed every morning.
I put heavy weight on certainty. It's not risky to buy securities at a fraction of what they're worth.
In the insurance business, there is no statute of limitation on stupidity.
Too often, executive compensation in the U.S. is ridiculously out of line with performance. That won't change, moreover, because the deck is stacked against investors when it comes to the CEO's pay.
Like most trends, at the beginning it's driven by fundamentals, at some point speculation takes over. What the wise man does in the beginning, the fool does in the end.