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 three most important words in investing...Margin of Safety.
It's easier to create money than to spend it.
Investing in a market where people believe in efficiency is like playing bridge with someone who has been told it doesn't do any good to look at the cards.
Either they're trying to con you or they're trying to con themselves.
Ignore the stock market, ignore the economy, and buy a business you understand.
I'm putting all my money in the Chinese toy market.
Take Wrigley's Chewing Gum. I don't think the Internet is going to change how people chew gum.
Charlie [Munger] and I are not big fans of resumes. Instead, we focus on brains, passion and integrity.
I can't promise results, but I can promise a common destiny.
I asked him what he wanted to do for his career, and he replied that he wanted to go into a particular field, but thought he should work for McKinsey for a few years first to add to his resume. To me that's like saving sex for your old age. It makes no sense.
People who watch their weight, golf scores, and fuel bills seem to shun quantitative evaluation of their investment management skills although it involves the most important client in the world-themselves.
All but a few of the organizations do not specifically promise to deliver superior investment performance although it is perhaps not unreasonable for the public to draw such an inference from their advertised emphasis on professional management.
I don't read economic forecasts. I don't read the funny papers.
Only when you combine sound intellect with emotional discipline do you get rational behavior.