Inspirational Quotes by Warren Buffett (American Investor)

Inspirational Quotations by Warren Buffett (American Investor)

Warren Buffett (b.1930) is an American investor, businessman, financier, and philanthropist. As chairman, CEO, and principal shareholder of Berkshire Hathaway, a financial and industrial conglomerate that he has led since 1964, Buffett is one of the world’s wealthiest people.

Born in Omaha, Nebraska, where he grew up and continues to reside, Buffett is affectionately known to many as the “Oracle of Omaha.” He is an incredibly successful investor whose string of successes cannot be attributed to a stroke of luck. Throughout his long career, he has been made money with diverse investment strategies, but with a core philosophy that has remained unchanged—analyzing businesses, not just their stocks, and then buying stock in companies when their stock prices are down relative to intrinsic value.

As leaders of the American conglomerate Berkshire Hathaway, Buffett and his longtime business partner, Charlie Munger, have earned enormous respect as brilliant investors. They oversee a vast empire of a sophisticated, sprawling collection of businesses and investments.

Buffett is one of the wealthiest persons in the world, and one of the world’s leading philanthropists. Despite his colossal wealth, he is the antithesis of an ostentatious billionaire—he lives parsimoniously, drives a humble car, and still resides in the unpretentious home he bought in 1958 for $31,500. In 2006, he announced plans to give 83 percent of his fortune to the Bill and Melinda Gates Foundation.

More: Wikipedia • READ: Works by Warren Buffett

If you advertise an interest in buying collies, a lot of people will call hoping to sell you their cocker spaniels.
—Warren Buffett

There seems to be some perverse human characteristic that likes to make easy things difficult.
—Warren Buffett
Topics: Humanity, Human Nature

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.
—Warren Buffett

You only find out who is swimming naked when the tide goes out.
—Warren Buffett

Risk comes from not knowing what you’re doing.
—Warren Buffett
Topics: Risk

I am a better investor because I am a businessman, and a better businessman because I am no investor.
—Warren Buffett
Topics: Business

We enjoy the process far more than the proceeds.
—Warren Buffett
Topics: Pleasure

Managers and investors alike must understand that accounting numbers are the beginning, not the end, of business valuation.
—Warren Buffett

The perfect amount of money to leave children is enough money so that they would feel they could do anything, but not so much that they would do nothing.
—Warren Buffett

Never count on making a good sale. Have the purchase price be so attractive that even a mediocre sale gives good results.
—Warren Buffett

You only have to do a very few things right in your life so long as you don’t do too many things wrong.
—Warren Buffett
Topics: Success & Failure, Success

A horse that can count to 10 is a remarkable horse—not a remarkable mathematician.
—Warren Buffett

It’s only when the tide goes out that you learn who’s been swimming naked.
—Warren Buffett

When a management with a reputation for brilliance tackles a business with a reputation for bad economics, it is usually the reputation of the business that remains intact.
—Warren Buffett
Topics: Business, Management

We have embraced the 21st century by entering such cutting-edge industries as brick, carpet, insulation and paint. Try to control your excitement.
—Warren Buffett
Topics: Future

I really like my life. I’ve arranged my life so that I can do what I want.
—Warren Buffett

If I ever write a book it will be called, Why Smart People Do Dumb Things. My partner says it should be autobiographical.
—Warren Buffett

The less the prudence with which others conduct their affairs, the greater the prudence with which we must conduct our own.
—Warren Buffett

Time is the friend of the wonderful business, the enemy of the mediocre.
—Warren Buffett
Topics: Patience

You do things when the opportunities come along. I’ve had periods in my life when I’ve had a bundle of ideas come along, and I’ve had long dry spells. If I get an idea next week, I’ll do something. If not, I won’t do a damn thing.
—Warren Buffett
Topics: Opportunity

The only value of stock forecasters is to make fortune tellers look good.
—Warren Buffett

If past history was all there was to the game, the richest people would be librarians.
—Warren Buffett
Topics: Change

The rich invest in time; the poor invest in money.
—Warren Buffett

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.
—Warren Buffett
Topics: Business, Management

The investor of today does not profit from yesterday’s growth.
—Warren Buffett
Topics: Profit, Past, The Past

Managers thinking about accounting issues should never forget one of Abraham Lincoln’s favorite riddles: How many legs does a dog have, if you call a tail a leg? The answer: Four, because calling a tail a leg doesn’t make it a leg.
—Warren Buffett
Topics: Management

The difference between successful people and really successful people is that really successful people say ‘no’ to almost everything.
—Warren Buffett

If you can tell me who your heroes are, I can tell you how you’re going to turn out in life.
—Warren Buffett
Topics: Life

Occasionally, a man must rise above principles.
—Warren Buffett

Someone’s sitting in the shade today because someone planted a tree a long time ago.
—Warren Buffett
Topics: General, Action