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
The nature of democracy is such that when there's - there'll be revulsion, obviously, towards - that's never going to happen again.
There's nothing inappropriate about having debt in America. It's what helped us grow over time. And it's when debt gets out of control that you worry.
Confidence is key. You're not going to put your money - you're not going to leave your money with me unless you're confident I'm going to give it back to you.
It's a big mistake to try and mislead people. They will turn around.
I'm always interested in understanding the math of things and understanding as much as I can about all aspects of business. And what I learn today may be useful to me two years from now. That'sreally the wonderful thing about investments is your knowledge is cumulative.
You can't stand to see your neighbor getting rich. You know you're smarter than he is and he's doing these things and he's getting rich.
The truth is that I've got all my net worth safely in Berkshire and I will never sell a share so there is no one more concerned about what happens after my death than I am.
I have an 800 [freephone] number now that I call if I get the urge to buy an airline stock. I call at two in the morning and I say: "My name is Warren and I'm an aeroholic." And then they talk me down.
When people talk about cash being king, it's not king if it just sits there and never does anything.
Time is your friend, impulse is your enemy. Take advantage of compound interest and don't be captivated by the siren song of the market.
I don't need 15 houses. Owning real estate doesn't mean much to me. I don't like to think about things like that. I don't need 12 boats, or even the world's largest boat with a crew of 80. I'd have to take care of them, to worry about them. I get a lot more fun out of life without all the bells and whistles.
My job is essentially just corralling more and more and more facts and information, and occasionally seeing whether that leads to some action.
I have a wonderful family. I have a job that I love and wonderful people who help me with it. It can't get any better than that.
I don't really think that, as a society, we [americans] want to confer blessings on generation after generation who contribute nothing to society, simply because somebody in the far distant past happened to amass a great sum of wealth.