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
Your money can be inflated away but your knowledge and talent cannot.
The single most important decision in evaluating a business is pricing power,
It’s not that I want money. It’s the fun of making money and watching it grow.
If I subscribed to the efficient market theory I would still be delivering papers
In the world of business, the people who are most successful are those who are doing what they love.
We have usually made our best purchases when apprehensions about some macro event were at a peak. Fear is the foe of the faddist, but the friend of the fundamentalist.
Most investors, both institutional and individual, will find that the best way to own common stocks (shares') is through an index fund that charges minimal fees. Those following this path are sure to beat the net results (after fees and expenses) of the great majority of investment professionals.
If you want to soar like an eagle in life, you can't be flocking with the turkeys.
If I knew where I was going to want to live the next five or 10 years I would buy a home and I'd finance it with a 30-year mortgage... It's a terrific deal.
Well, it may be all right in practice, but it will never work in theory
Fear is the foe of the faddist, but the friend of the fundamentalist.
Whatever you like to do, make it a hobby and whatever the world likes to do, make it a business.
To invest successfully over a lifetime does not require a stratospheric IQ, unusual business insights, or inside information. What's needed is a sound intellectual framework for making decisions and the ability to keep emotions from corroding that framework. You must supply the emotional discipline.
The stock market is a wonderfully efficient mechanism for transferring wealth from the impatient to the patient.