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
The Stock Market is designed to transfer money from the Active to the Patient.
It's better to hang out with people better than you. Pick out associates whose behavior is better than yours and you'll drift in that direction.
There’s class warfare, all right, but it’s my class, the rich class, that’s making war, and we’re winning.
Never invest in a business you can't understand
Other guys read Playboy. I read annual reports.
Rule No.1: Never lose money. Rule No.2: Never forget rule No.1.
Do not save what is left after spending, but spend what is left after saving.
In investing, just as in baseball, to put runs on the scoreboard, one must watch the playing field, not the scoreboard.
It takes 20 years to build a reputation and five minutes to ruin it. If you think about that, you'll do things differently.
Price is what you pay. Value is what you get.
No matter how great the talent or efforts, some things just take time.
The best asset is your own self. You can become to an enormous degree the person you want to be
I was lucky to have the right heroes. Tell me who your heroes are and I'll tell you how you'll turn out to be. The qualities of the one you admire are the traits that you, with a little practice, can make your own, and that, if practiced, will become habit forming.
I have no use whatsoever for projections or forecasts. They create an illusion of apparent precision. The more meticulous they are, the more concerned you should be. We never look at projections, but we care very much about, and look very deeply at, track records. If a company has a lousy track record, but a very bright future, we will miss the opportunity...