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
Our stay-put behavior reflects our view that the stock market serves as a relocation center at which money is moved from the active to the patient.
The rich invest in time, the poor invest in money.
My friends and I have been coddled long enough by a billionaire-friendly Congress.
Forecasts usually tell us more of the forecaster than of the forecast
When we own portions of outstanding businesses with outstanding managements, our favorite holding period is forever.
The ideal business is one that earns very high returns on capital and that keeps using lots of capital at those high returns. That becomes a compounding machine.
Too often, a vast collection of possessions ends up possessing its owner. The asset I most value, aside from health, is interesting, diverse, and long-standing friends.
Cash combined with courage in a time of crisis is priceless.
If you are not willing to own a stock for 10 years, do not even think about owning it for 10 minutes.
Should you find yourself in a chronically leaking boat, energy devoted to changing vessels is likely to be more productive than energy devoted to patching leaks.
Nothing sedates rationality like large doses of effortless money.
In the business world, the rearview mirror is always clearer than the windshield.
The less prudence with which others conduct their affairs, the greater the prudence with which we should conduct our own affairs.
I don't look to jump over 7-foot bars: I look around for 1-foot bars that I can step over.