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
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.
In the world of business, the people who are most successful are those who are doing what they love.
The value of market esoterica to the consumer of investment advice is a different story. In my opinion, investment success will not be produced by arcane formulae, computer programs or signals flashed by the price behavior of stocks and markets. Rather an investor will succeed by coupling good business judgment with an ability to insulate his thoughts and behavior from the super-contagious emotions that swirl about the marketplace.
When asked how he became so successful in investing, Buffett answered: 'we read hundreds and hundreds of annual reports every year.
Investors should remember that excitement and expenses are their enemies.
Never depend on single income. Make investment to create a second source.
The best investment you can make is in yourself
I've often felt there might be more to be gained by studying business failures than business successes.
To be successful, you should concentrate on the world of companies, not arcane accounting mathematics.
After 25 years of buying and supervising a great variety of businesses, Charlie [Munger] and I have not learned how to solve difficult business problems. What we have learned is to avoid them. To the extent we have been successful, it is because we have concentrated on identifying one-foot hurdles that we could step over rather than because we acquired any ability to clear seven-footers.
I'm just lucky to have been in the right place at the right time. Another place, another time, I wouldn't have been as successful. Society enabled me to make my money and my money should go to society.
I tell college students, when you get to be my age you will be successful if the people who you hope to have love you, do love you.
Very successful people say no to almost everything.
... not doing what we love in the name of greed is very poor management of our lives.