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
Investing is simple, but not easy.
I will do anything that is basically covered by the law to reduce Berkshire's tax rate. For example, on wind energy, we get a tax credit if we build a lot of wind farms. That's the only reason to build them. They don't make sense without the tax credit.
Buy into a company because you want to own it, not because you want the stock to go up.
The .350 hitter expects, and also deserves, a big payoff for his performance - even if he plays for a cellar-dwelling team. And a .150 hitter should get no reward - even if he plays for a pennant winner.
I'm happy when I can spend every day doing the things that I like to do. That's my luxury.
I look at everything. That's my job. I really do, every day. I think about everything.
Stocks are the only thing that people are happy to buy when the price goes up.
Money is not everything. Make sure you earn a lot before speaking such nonsense.
Take the high road; it's far less crowded.
I'll bring my tax returns; you bring yours. I'll meet you anytime anywhere.
If book knowledge made great investors, than the librarians would all be rich.
I want to be able to explain my mistakes. This means I do only the things I completely understand.
If you've been playing poker for half an hour and you still don't know who the patsy is, you're the patsy.
If you understood a business perfectly and the future of the business, you need very little in the way of a margin of safety.