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
Warren Buffett quotes about
When people talk about cash being king, it's not king if it just sits there and never does anything.
As far as you are concerned, the stock market does not exist. Ignore it.
Does the business have a consistent operating history?
Does management resist the institutional imperative?
I find that the standard of living does not go up in proportion with the cost of living. The trick in life is to do things that are fun all the time.
You should be unconcerned about short-term price action when you own the securities directly, just as you were unconcerned when you owned them indirectly through BPL. I think about them as businesses, not "stocks", and if the business does all right over the long term, so will the stock.
Does the business have favourable long term prospects?
The [stock] market,like the Lord, helps those who help themselves. But, unlike the Lord, the market does not forgive those who know not what they do.
Things you like to do should be a hobby of yours, but things the world does should be a business of yours.
The Noah rule: Predicting rain doesn't count; building arks does.
Eddie is a very smart guy, but putting Kmart and Sears together is a tough hand.
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.
Basically, when you get to my age, you'll really measure your success in life by how many of the people you want to have love you actually do love you.
When a management team with a reputation for brilliance tackles a business with a reputation for bad economics, it is the reputation of the business that remains intact.