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 big question about how people behave is whether they've got an Inner Scorecard or an Outer Scorecard. It helps if you can be satisfied with an Inner Scorecard.
If you get to my age in life and nobody thinks well of you, I don't care how big your bank account is, your life is a disaster.
The only way to get love is to be lovable. It's very irritating if you have a lot of money. You'd like to think you could write a check: "I'll buy a million dollars' worth of love." But it doesn't work that way. The more you give love away, the more you get.
I think I could make you fifty percent a year on one million dollars. No, I know I could. I guarantee that.
I have this complicated procedure I go through every morning, which is to look in the mirror and decide what I'm going to do. And I feel at that point, everybody's had their say.
The fundamental basis of above-average performance in the long run is sustainable competitive advantage.
I have three boxes on my desk: In, Out, and Too Hard.
A contrarian approach is just as foolish as a follow-the-crowd strategy. What's required is thinking rather than polling.
Mr. Market is your servant, not your guide.
Knowing the edge of your competency is important. If you think you know more than you do, you will get in trouble.
To win, the first thing you have to do is not lose.
Never risk what you have and need for what we don't have and don't need.
Never get too hung up on mistakes.
A stock doesn't know that you own it.