38 Quotes by Warren Buffett on Business, Investments and Life

38 Quotes by Warren Buffett on Business, Investments and Life

Last updated on July 18th, 2021 at 08:22 am

Warren Buffett is the chairman and CEO Berkshire Hathaway and is largely considered as one of the worlds most successful investors. As of July 2020, he is the 4th richest person in the world with a net worth of 71.8 Billion Dollars (USD).

Here at Turtle Quote, we took a look at Warren Buffets interviews and notes to extract the best Quotes by Warren Buffett on Business, Investments and Life.

Quotes by Warren Buffett

โ€œRule number one: Never lose money. Rule number two: Never forget rule number one.โ€

โ€“ Warren Buffett, โ€œRules That Warren Buffett Lives Byโ€ by Stephanie Loiacono atย Yahoo Financeย (23 February 2010)

โ€œIf you invested in a very low cost index fund where you donโ€™t put the money in at one time, but average in over 10 years youโ€™ll do better than 90% of people who start investing at the same time.โ€

โ€“ WARREN BUFFETT, Berkshire Hathaway Annual Meeting (2004)

โ€œSuccess in investing doesnโ€™t correlate with I.Q. once youโ€™re above the level of 125. Once you have ordinary intelligence, what you need is the temperament to control the urges that get other people into trouble in investing.โ€

โ€“ WARREN BUFFETT, As quoted inย Homespun Wisdom from the โ€œOracle of Omahaโ€ by Amy Stone inย BusinessWeekย (5 June 1999)

โ€œIn the stock market you do not base your decisions on what the market is doing, but on what you think is rational.โ€

โ€“ WARREN BUFFETT, The Warren Buffett Portfolio: Mastering the Power of the Focus Investment Strategyย (2000), p. 112
warren buffet quotes

โ€œYou want to be greedy when others are fearful. You want to be fearful when others are greedy. Itโ€™s that simple.โ€

โ€“ WARREN BUFFETT, Interview withย Charlie Rose, on PBS (1 October 2008)

โ€œI think I could make you 50% a year on $1 million. No, I know I could. I guarantee that.โ€

โ€“ WARREN BUFFETT, As quoted in โ€œWisdom from the โ€˜Oracle of Omaha'โ€ by Amy Stone inย BusinessWeekย (5 June 1999)

โ€œI could end the deficit in five minutes. You just pass a law that says that any time thereโ€™s a deficit of more than 3% of GDP, all sitting members of Congress are ineligible for re-election.โ€

โ€“ WARREN BUFFETT, Interview on CNBCย (1 July 2011)

โ€œThe market isnโ€™t so good at making sure that theย wealthย thatโ€™s produced is being distributed fairly or wisely.โ€

โ€“ WARREN BUFFETT, AS QUOTED INย THE AUDACITY OF HOPE: THOUGHTS ON RECLAIMING THE AMERICAN DREAMย (2006), CH. 5

โ€œIf you understood a business perfectly and the future of the business, you would need very little in the way of a margin of safety.โ€ย 

โ€“ WARREN BUFFETT, 1997 Berkshire Hathaway Annual Meeting, as quoted inย Of Permanent Valueย : The Story of Warren Buffett, by Andrew Kilpatrick, Vol. 2 (2007), p. 1615

โ€œI call investing the greatestย businessย in theย worldย โ€ฆ because you never have to swing.โ€

โ€“ WARREN BUFFETT, Interview inย Forbesย magazine (1 November 1974)
quotes by warren buffett

โ€œI try to buy stock in businesses that are so wonderful that an idiot can run them. Because sooner or later, one will.โ€

โ€“ WARREN BUFFETT, In a panel discussion after the premier of the 2008 documentaryย I.O.U.S.A.

โ€œWe donโ€™t get paid for activity, just for being right. As to how long weโ€™ll wait, weโ€™ll wait indefinitely.โ€

โ€“ WARREN BUFFETT, 1998 Berkshire Hathaway Annual Meeting, quoted inย Wait: The Art and Science of Delayย (2012) by Frank Partnoy, p. 177

โ€œInvestors making purchases in an overheated market need to recognize that it may often take an extended period for the value of even an outstanding company to catch up with the price they paid.โ€

โ€“ WARREN BUFFETT, 1998 Berkshire Hathaway Annual Meeting, as quoted inย The Essays of Warren Buffettย : Lessons for Corporate Americaย (1998), p. 92
business quotes

Quotes by Warren Buffet on Life

โ€œIf youโ€™re in the luckiest 1 percent of humanity, you owe it to the rest of humanity to think about the other 99 percent.โ€

โ€“ WARREN BUFFETT, at Clinton Fund-Raiser, inย Bloombergย (27 June 2007)

โ€œPeople will always try to stop you doing the right thing if it is unconventional.โ€

โ€“ WARREN BUFFETT, My $650,100 Lunch with Warren Buffettโ€ by Guy Spier, inย TIMEย (30 June 2008)

โ€œI happen to have aย talentย for allocatingย capital. But myย abilityย to use that talent is completely dependent on theย societyย I wasย bornย into.โ€

โ€“ WARREN BUFFETT, as quoted inย The Audacity of Hope: Thoughts on Reclaiming the American Dreamย (2006), Ch. 5

โ€œIt takes 20 years to build a reputation and five minutes to ruin it.ย If you think about that, youโ€™ll do things differently.โ€

โ€“ WARREN BUFFETT, Corporate Survival: The Critical Importance of Sustainability Risk Managementย (2005) by Dan Robert Anderson, p. 138

โ€œWall Street is the only place that people ride to work in a Rolls Royce to get advice from those who take the subway.โ€

โ€“ WARREN BUFFETT, As quoted inย The Money Adventureย (1998) by Egbert Sukop, p. 128
reputation quotes

โ€œI donโ€™t have a problem withย guiltย aboutย money.โ€

โ€“ WARREN BUFFETT, As quoted inย Warren Buffett Speaks: Wit and Wisdom from the Worldโ€™s Greatest Investorย (1997) by Janet C. Lowe, pp. 165-166

โ€œI like thinking big. I always have. To me itโ€™s very simple: if youโ€™re going to be thinking anyway, you might as well think big.โ€

โ€“ WARREN BUFFETT, As quoted inย Buffett: The Making of an American Capitalistย (1995), by Roger Lowenstein, p. 77

โ€œNever count on making a good sale.โ€

โ€“ WARREN BUFFETT, As quoted inย Buffett: The Making of an American Capitalistย (1995), by Roger Lowenstein, p. 77

โ€œSomeoneโ€™s sitting in the shade today because someone planted a tree a long time ago.โ€

โ€“ WARREN BUFFETT, Statement of January 1991, as quoted inย Of Permanent Value: The Story of Warren Buffettย (2007) by Andrew Kilpatrick

โ€œLoveย is the greatest advantage a parent can give.โ€

โ€“ WARREN BUFFETT, Quoted in โ€œShould You Leave It All to the Children?โ€ by Richard I. Kirkland Jr, inย Fortuneย (29 September 1986)

โ€œRiskย comes from not knowing what youโ€™re doing.โ€

โ€“ WARREN BUFFETT

โ€œYou only have to do a very few things right in your life so long as you donโ€™t do too many things wrong.โ€

โ€“ WARREN BUFFETT
buffett quote

Quotes by Warren Buffett from his โ€˜Pledgeโ€™

โ€œSome material things make my life more enjoyable; many, however, would not.โ€

โ€“ WARREN BUFFETT, My Philanthropic Pledge

โ€œToo often, a vast collection of possessions ends up possessing its owner.โ€

โ€“ WARREN BUFFETT, MY PHILANTHROPIC PLEDGE

โ€œThe asset I most value, aside from health, is interesting, diverse, and long-standingย friends.โ€

โ€“ WARREN BUFFETT, MY PHILANTHROPIC PLEDGE

โ€œMy wealth has come from a combination of living in America, some lucky genes, and compound interest.โ€

โ€“ WARREN BUFFETT, MY PHILANTHROPIC PLEDGE

โ€œIโ€™ve worked in an economy that rewards someone who saves the lives of others on a battlefield with a medal, rewards a great teacher with thank-you notes from parents, but rewards those who can detect the mispricing of securities with sums reaching into the billions.โ€

โ€“ WARREN BUFFETT, MY PHILANTHROPIC PLEDGE
life quotes

Quotes by Warren Buffett from Berkshire Hathaway Chairmanโ€™s Letters

โ€œI make no attempt to forecast the general market โ€” my efforts are devoted to finding undervalued securities.โ€

โ€“ WARREN BUFFETT, Letter to shareholders (2nd November 1959)

โ€œOur favorite holding period is forever.โ€

โ€“ WARREN BUFFETT, 1988 Chairmanโ€™s Letter

โ€œAfter 25 years of buying and supervising a great variety of businesses, Charlie and I have not learned how to solve difficult business problems. What we have learned is to avoid them.โ€

โ€“ WARREN BUFFETT, 1989 Chairmanโ€™s Letter

โ€œThe most common cause of low prices is pessimism โ€ฆ. Weย wantย to do business in such an environment, not because we like pessimism but because we like the prices it produces. Itโ€™s optimism that is the enemy of the rational buyer.โ€

โ€“ WARREN BUFFETT, 1990 Chairmanโ€™s Letter

โ€œWe will reject interesting opportunities rather than over-leverage our balance sheet.โ€

โ€“ WARREN BUFFETT, Berkshire Hathaway Inc.: An Ownerโ€™s Manualย (1999)
quotes by warren buffett

โ€œAfter all, you only find out who is swimming naked when the tide goes out.โ€

โ€“ WARREN BUFFETT, 2001 Chairmanโ€™s Letter

โ€œPrice is what you pay; value is what you get.โ€

โ€“ WARREN BUFFETT, 2008 Chairmanโ€™s Letter

โ€œNever count on the kindness of strangers in order to meet tomorrowโ€™s obligations.โ€

โ€“ WARREN BUFFETT, 2008 Chairmanโ€™s Letter
quotes by warren buffett

We hope that you enjoyed our selection ofย Quotes By Warren Buffett. If you did, then perhaps you may also like our collection ofย quotes by Bill Gates!

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