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
I never invest in anything that I don't understand.
I think the worst mistake you can make in stocks is to buy or sell based on current headlines,
I think the worst mistake you can make in stocks is to buy or sell based on current headlines,
Do not take yearly results too seriously. Instead, focus on four or five-year averages.
Focus on your customers and lead your people as though their lives depend on your success.
Of one thing be certain: if a CEO is enthused about a particularly foolish acquisition, both his internal staff and his outside advisors will come up with whatever projections are needed to justify his stance. Only in fairy tales are emperors told that they are naked.
I read annual reports of the company I'm looking at and I read the annual reports of the competitors - that is the main source of material.
Investment ideas, like women are often more exciting than punctual.
Possessing a powerful worldwide brand is essential for sustained success.
Ignore the stock market, ignore the economy, and buy a business you understand.
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.
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.