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
When it's raining gold, reach for a bucket, not a thimble.
[Gold] gets dug out of the ground in Africa, or someplace. Then we melt it down, dig another hole, bury it again and pay people to stand around guarding it. It has no utility. Anyone watching from Mars would be scratching their head.
You only have to do a very few things right in your life so long as you don't do too many things wrong.
Never be afraid to ask for too much when selling or offer too little when buying.
If you lose money for the firm, I will be forgiving. If you lose reputation, I will be ruthless.
Investment students need only two well-taught courses - How to Value a Business and How to Think About Market Prices
The wise man once said invest young
Never give up searching for the job that you’re passionate about. Try to find the job you’d have if you were independently rich. Forget about the pay. When you’re associating with the people that you love, doing what you love, it doesn’t get any better than that.
If you knew what was going to happen in the economy, you still wouldn't necessarily know what was going to happen in the stock market.
Most people get interested in stocks when everyone else is. The time to get interested is when no one else is. You can't buy what is popular and do well.
First come the innovators, then come the imitators, then come the idiots.
We simply attempt to be fearful when others are greedy and to be greedy only when others are fearful.
Do not put all your eggs in one basket.
Our approach is very much profiting from lack of change rather than from change. With Wrigley chewing gum, it's the lack of change that appeals to me. I don't think it is going to be hurt by the Internet. That's the kind of business I like.