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
Outstanding long-term results are produced primarily by avoiding dumb decisions, rather than by making brilliant ones.
Investing is forgoing consumption now in order to have the ability to consume more at a later date.
I made my first investment at age eleven. I was wasting my life up until then.
The truth is, everything that has happened in my life... that I thought was a crushing event at the time, has turned out for the better.
Trust is like the air we breathe--when it's present, nobody really notices; when it's absent, everybody notices.
If you’re in the luckiest one per cent of humanity, you owe it to the rest of humanity to think about the other 99 per cent.
We don't get paid for activity, just for being right. As to how long we'll wait, we'll wait indefinitely.
People always ask me where they should go to work, and I always tell them to go to work for whom they admire the most.
Optimism.. is the enemy of the rational buyer
Everybody's got a different circle of competence. The important thing is not how big the circle is. The important thing is staying inside the circle.
The only time to buy these is on a day with no 'y' in it.
If you invested in a very low cost index fund - where you don't put the money in at one time, but average in over 10 years -you'll do better than 90% of people who start investing at the same time.
I've learned mainly by reading myself. So I don't think I have any original ideas. Certainly, I talk about reading Graham. I've read Phil Fisher. So I've gotten a lot of my ideas from reading. You can learn a lot from other people. In fact, I think if you learn basically from other people, you don't have to get too many new ideas on your own. You can just apply the best of what you see.
We will only do with your money what we would do with our own.