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
Risk can be greatly reduced by concentrating on only a few holdings.
Don't risk what is important to you, to get what is not important to you.
At Berkshire, I both initiate and monitor every derivatives contract on our books ... If Berkshire ever gets in trouble, it will be my fault. It will not be because of the misjudgments made by a risk committee or chief risk officer.
Never risk what you have and need for what we don't have and don't need.
Investment decision should be made on the basis of the most probable compounding of after-tax net worth with minimum risk.
Risk comes from not knowing what you are doing so wide diversification is only required when investors are ignorant. You only have to do a very few things in your life so long as you don't do too many things wrong.
If you don't know the Jewelry, know the Jeweller
The greater the potential for reward in the value portfolio, the less risk there is.
Risk is a part of God's game, alike for men and nations.
When a management with a reputation for brilliance tackles a business with a reputation for bad economics, it is the reputation of the business that remains intact.
It is madness to risk losing what you need in pursuing what you simply desire.
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.