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
If a business does well, the stock eventually follows.
If you don’t feel comfortable making a rough estimate of the asset’s future earnings, just forget it and move on. No one has the ability to evaluate every investment possibility. But omniscience isn’t necessary; you only need to understand the actions you undertake.
Just look at that Forbes 400. Takes a billion three to get on the Forbes 400 this year. And the aggregate wealth is just staggering. And those people are paying less percentage of their total income to the federal government than their receptionists are [...] I'll bet a million dollars against any member of the Forbes 400 who challenges - me that the average for the Forbes 400 will be less than the average of their receptionists.
Credit worthiness is like virginity, it can be preserved but not restored very easily, so it is crazy to play around with it.
Money to some extent sometimes let you be in more interesting environments. But it can't change how many people love you or how healthy you are.
We've had public companies in the past in that business and they bleed. We've got a lot more blood than they do.
The only way to be loved is to be loveable, which really irritates me.
Energy deregulation will be the largest transfer of wealth in history.
I was lucky enough to be born in a time and place where society values my talent, and gave me a good education to develop that talent, and set up the laws and the finanical system to let me do what I love doing-and make a lot of money doing it. The least I can do is help pay for all that.
Benign neglect, bordering on sloth, remains the hallmark of our investment process.
All day you wait for the pitch you like; then when the fielders are asleep, you step up and hit it.
It's us fun being a gorse when the tractor comes along, or the blacksmith when the car comes along.
An IPO is like a negotiated transaction - the seller chooses when to come public - and it's unlikely to be a time that's favourable to you.
Only buy something that you'd be perfectly happy to hold if the market shut down for 10 years.