World’s Most Influential Businessman Warren Buffett Quotes

Famous quotes collection by a popular business magnate Warren Buffett who was ranked as world’s wealthiest person in 2008.

Warren Buffett Popular Quotes

  • I believe in giving my kids enough so they can do anything, but not so much that they can do nothing.
  • What we learn from history is that people don’t learn from history.
  • Nothing sedates rationality like large doses of effortless money.
  • There seems to be some perverse human characteristic that likes to make easy things difficult.
  • Forecasts may tell you a great deal about the forecaster; they tell you nothing about the future.
  • You know… you keep doing the same things and you keep getting the same result over and over again.
  • Diversification is protection against ignorance. It makes little sense if you know what you are doing.
  • Opportunities come infrequently. When it rains gold, put out the bucket, not the thimble.
  • If past history was all that is needed to play the game of money, the richest people would be librarians.
  • Tell me who your heroes are and I’ll tell you who you’ll turn out to be.
  • If you aren’t thinking about owning a stock for 10 years, don’t even think about owning it for 10 minutes.

Warren Buffett Quotes on Business

  • Time is the friend of the wonderful business, the enemy of the mediocre.
  • In the business world, the rearview mirror is always clearer than the windshield.
  • In the world of business, the people who are most successful are those who are doing what they love
  • When we own portions of outstanding businesses with outstanding managements, our favorite holding period is forever.
  • I learned to go into business only with people whom I like, trust, and admire.
  • The business schools reward difficult complex behavior more than simple behavior, but simple behavior is more effective.
  • For the investor, a too-high purchase price for the stock of an excellent company can undo the effects of a subsequent decade of favorable business developments.
  • I try to buy stock in businesses that are so wonderful that an idiot can run them because sooner or later, one will.

Warren Buffett Quote Risk

  • Risk comes from not knowing what you’re doing.

Warren Buffett Quotes on Investing

  • The most important investment you can make is in yourself.
  • What counts for most people in investing is not how much they know, but rather how realistically they define what they don’t know.
  • There is nothing wrong with a ‘know nothing’ investor who realizes it. The problem is when you are a ‘know nothing’ investor but you think you know something.
  • You don’t need to be a rocket scientist. Investing is not a game where the guy with the 160 IQ beats the guy with 130 IQ.
  • Calling someone who trades actively in the market an investor is like calling someone who repeatedly engages in one-night stands a romantic.
  • The most important quality for an investor is temperament, not intellect. You need a temperament that neither derives great pleasure from being with the crowd or against the crowd.

Warren Buffett Quotes on Reputation

  • 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 takes 20 years to build a reputation and five minutes to ruin it. If you think about that, you’ll do things differently.

Warren Buffett Quotes on Company

  • It’s far better to buy a wonderful company at a fair price than a fair company at a wonderful price
  • Time is the friend of the wonderful company, the enemy of the mediocre.
  • The best thing that happens to us is when a great company gets into temporary trouble…We want to buy them when they’re on the operating table.

Warren Buffett Quotes on Success & Love

  • I can’t imagine people who aren’t loved feel very successful.
  • The difference between successful people and really successful people is that really successful people say no to almost everything.
  • 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
  • …not doing what we love in the name of greed is very poor management of our lives.
  • Successful Investing takes time, discipline and patience. No matter how great the talent or effort, some things just take time: You can’t produce a baby in one month by getting nine women pregnant.

Warren Buffett Quotes on Fear

  • Be fearful when others are greedy and greedy only when others are fearful.
  • I will tell you how to become rich. Close the doors. Be fearful when others are greedy. Be greedy when others are fearful.

Warren Buffett Motivational Quotes

  • Rule No. 1: Never lose money. Rule No. 2: Never forget rule No.1
  • Price is what you pay. Value is what you get.
  • 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.
  • I always knew I was going to be rich. I don’t think I ever doubted it for a minute.
  • Only buy something that you’d be perfectly happy to hold if the market shut down for 10 years.
  • Our favorite holding period is forever.
  • Honesty is a very expensive gift. Don’t expect it from cheap people.
  • Someone’s sitting in the shade today because someone planted a tree a long time ago.
  • If you’re in the luckiest 1% of humanity, you owe it to the rest of humanity to think about the other 99%.
  • I never attempt to make money on the stock market. I buy on the assumption that they could close the market the next day and not reopen it for five years.
  • If you aren’t willing to own a stock for ten years, don’t even think about owning it for ten minutes
  • Buy a stock the way you would buy a house. Understand and like it such that you’d be content to own it in the absence of any market.
  • It is not necessary to do extraordinary things to get extraordinary results.

Warren Buffett Inspirational Quotes

  • The most important thing to do if you find yourself in a hole is to stop digging.
  • When forced to choose, I will not trade even a night’s sleep for the chance of extra profits.
  • Keep all your eggs in one basket, but watch that basket closely.
  • It’s only when the tide goes out that you learn who has been swimming naked.
  • When you combine ignorance and leverage, you get some pretty interesting results.
  • People always ask me where they should go to work, and I always tell them to go to work for whom they admire the most.
  • Never give up searching for the job that you are passionate about
  • I’m not interested in cars and my goal is not to make people envious. Don’t confuse the cost of living with the standard of living.
  • Do not save what is left after spending; instead spend what is left after saving.
  • If you buy things you do not need, soon you will have to sell things you need.
  • Chains of habit are too light to be felt until they are too heavy to be broken.
  • 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.
  • Writing a check separates a commitment from a conversation.
  • Tell me who your heroes are and I’ll tell you how you’ll turn out to be.
  • Honesty is a very expensive gift, don’t expect it from cheap people.
  • Failing conventionally is the route to go; as a group, lemmings may have a rotten image, but no individual lemming has ever received bad press
  • What the wise do in the beginning, fools do in the end.
  • Diversification is a protection against ignorance. It makes very little sense for those who know what they’re doing.

Warren Buffett Top Quotes

  • Stocks of companies selling commodity-like products should come with a warning label: ‘Competition may prove hazardous to human wealth.
  • A horse that can count to ten is a remarkable horse—not a remarkable mathematician.
  • Our approach is very much profiting from lack of change rather than from change. With Wrigley chewing gum, it’s the lack of change that appeals to me.
  • Most people get interested in stocks when everyone else is. The time to get interested is when no one else is. You can’t buy what is popular and do well.
  • Should you find yourself in a chronically leaking boat, energy devoted to changing vessels is likely to be more productive than energy devoted to patching leaks.
  • You’re dealing with a lot of silly people in the marketplace; it’s like a great big casino and everyone else is boozing. If you can stick with Pepsi, you should be O.K.
  • I don’t look to jump over 7-foot bars: I look around for 1-foot bars that I can step over.
  • If you’ve been playing poker for half an hour and you still don’t know who the patsy is, you’re the patsy.
  • Games are won by players who focus on the playing field –- not by those whose eyes are glued to the scoreboard.
  • You shouldn’t own common stocks if a 50% decrease in their value in a short period of time would cause you acute distress.
  • In the long run managements stressing accounting appearance over economic substance usually achieve little of either.
  • Having first-rate people on the team is more important than designing hierarchies and clarifying who reports to whom.
  • If you’re willing to pay 18% on a credit card, you will not come out well.

Warren Buffett Famous Quotes

  • I believe in giving my kids enough so they can do anything, but not so much that they can do nothing.
  • You only find out who is swimming naked when the tide goes out.
  • Should you find yourself in a chronically leaking boat, energy devoted to changing vessels is likely to be a more productive than energy devoted to patching leaks.
  • I’ve seen more people fail because of liquor and leverage — leverage being borrowed money. You really don’t need leverage in this world much. If you’re smart, you’re going to make a lot of money without borrowing.
  • Opportunities come infrequently. When it rains gold, put out the bucket, not the thimble
  • In the short term, the market is a popularity contest. In the long term, the market is a weighing machine.
  • Somebody once said that in looking for people to hire, you look for three qualities: integrity, intelligence, and energy. And if you don’t have the first, the other two will kill you. You think about it; it’s true. If you hire somebody without [integrity], you really want them to be dumb and lazy.
  • If you’re in the luckiest one per cent of humanity, you owe it to the rest of humanity to think about the other 99 per cent.
  • No matter how great the talent or efforts, some things just take time. You can’t produce a baby in one month by getting nine women pregnant.
  • It takes 20 years to build a reputation and five minuted to ruin it. If you think about that you’ll do things differently.

Warren Buffett Quotes on Life

  • An investor should act as though he had a lifetime decision card with just twenty punches on it.
  • You’ve gotta keep control of your time, and you can’t unless you say no. You can’t let people set your agenda in life.
  • You only have to do a very few things right in your life so long as you don’t do too many things wrong.
  • Life is like a snowball. The important thing is finding wet snow and a really long hill.
  • 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.