Discover the most popular and inspiring quotes and sayings on the topic of Buffett. Share them with your friends on social media platforms like Facebook, Twitter, or your personal blogs, and let the world be inspired by their powerful messages. Here are the Top 100 Buffett Quotes And Sayings by 87 Authors including Malcolm Gladwell,Susan Cain,Charlie Munger,Barack Obama,William Shakespeare for you to enjoy and share.
from centuries past, as well as contemporary billionaires, such
Charlie Ledley and Jamie Mai, whose entire investment strategy was based on FUD: they placed bets that had limited downside, but would pay off handsomely if dramatic but unexpected changes occurred in the market.
Berkshire's past record has been almost ridiculous. If Berkshirehad used even half the leverage of, say, Rupert Murdoch, it would be five times its current size.
When you get rid of the estate tax," he (Warren Buffet) said, "you're basically handing over command of the country's resources to people who didn't earn it. It's like choosing the 2020 Olympic team by picking the children of all the winners at the 2000 Games.
I am fortunes fool.
After twenty years of studying millionaires across a wide spectrum of industries, we have concluded that the character of the business owner is more important in predicting his level of wealth than the classification of his business. But
The best stock a man can invest in, is the stock of a farm; the best shares are plow shares; and the best banks are the fertile banks of a rural stream; the more these are broken the better dividends they pay.
Steve McClellan has drawn on an insider's lifetime view of how Wall Street really works to produce a practical and entertaining book of advice for investors. Whether you are a new or experienced investor you'll get something valuable out of it, including more than a few chuckles.
When I read in Fortune magazine that Warren Buffet, the billionaire investor and one of the world's richest men, was investing in a direct sales (network marketing) company, I decided I was missing something.
Carl Icahn, corporate raider by trade, is creative, a scrambler, and certainly not to be underestimated.
Ask any rich man of common prudence to which of the two sorts of people he has lent the greater part of his stock, to those who, he thinks, will employ it profitably, or to those who will spend it idly, and he will laugh at you for proposing the question.
Ex-Fidelity mutual fund manager Peter Lynch was certainly brilliant in one respect: he knew to get out when the gettin' was good.
The truth is that I've got all my net worth safely in Berkshire and I will never sell a share so there is no one more concerned about what happens after my death than I am.
Rich with the spoils of time.
I have become increasingly convinced that the past records of mutual fund managers are essentially worthless in predicting future success. The few examples of consistently superior performance occur no more frequently than can be expected by chance.
Nostradamus, who predicted that Billy Bailey would not come home. Never got a dinner!
Financial winners don't run sprints, they run marathons. They don't rush. They do it step by step over time.
I admire people like Warren Buffett that are donating so much money to charity.
Generous people can become more generous as they become richer, giving away vast fortunes to worthwhile causes as Bill Gates and Warren Buffett are doing.
There are very few self-made millionaires, if any, who have not taken risks which would make the rest of us unable to sleep at night, or keep our food down.
There is in the world today a great and mysterious force that shapes the fortunes of millions of people. It is called the stock market.
great stocks to short.
Mr. Biz! The shrewd and savage business shark,
On traditional economic theory:
We do not play chess as if we were a grandmaster, invest as if we were Warren Buffett, or cook like an Iron Chef. It is more likely we cook like Warren Buffett, who loves to eat at Dairy Queen.
This became my own goal: not to be Warren Buffett, but to become a more authentic version of myself. As he had taught me, the path to true success is through authenticity.
Little-known fact: When the stock exchange closes, the guy who comes out on the balcony with that big hammer slams it on the head of the person who lost the most money that day.
Warren Buffett is fond of saying that any player unaware of the fool in the market probably is the fool in the market.
Berkshireis in the business of making easy predictions If a deal looks too hard, the partners simply shelve it.
You've got to admire Sir Richard Branson. He is a completely different style of businessman to me, but you have got to admire what he has achieved.
I always invest in companies an idiot could run, because one day one will.
In every stockjobbing swindle every one knows that some time or other the crash must come, but every one hopes that it may fall on the head of his neighbor, after he himself has caught the shower of gold and placed it in safety.
Arnold Schwarzenegger has hired billionaire Warren Buffett as his senior economic advisor. And not to be outdone Gary Coleman announced his senior economic adviser will be Thurston Howell the Third.
Here's one truth that perhaps your typical investment counselor would disagree with: if you're comfortably rich and someone else is getting richer faster than you by, for example, investing in risky stocks, so what?! Someone will always be getting richer faster than you. This is not a tragedy.
Mausoleum, n: the final and funniest folly of the rich.
You can't run a company simply by the numbers. So if you're going to bet on someone, you bet on someone you want to be in business with for a long time.
The solid wealth of insurance companies and the success of those who organsie gambling are some indication of the profits to be derived from the efficient use of chance.
Wall Street has become a veritable casino.
Businessman, philanthropist, large egg.
The moment is ripe for an experienced businessman to talk practical, prudent economics to the electorate - which is why Mitt Romney's political fortunes are steadily being resurrected from the grave.
A wise man once asked to his mentor, "What advice would you give the average investor?" his reply was, "DON'T BE AVERAGE.
There is scarcely an instance of a man who has made a fortune by speculation and kept it
Fortune ought to be a National Endowment for the Arts Jazz Master.
As Buffett has often observed, value investing is not a concept that can be learned and gradually applied over time. It is either absorbed and adopted at once, or it is never truly learned.
Madoff Securities is the world's largest Ponzi scheme.
The goose that lays golden eggs has been considered a most valuable possession. But even more profitable is the privilege of taking the golden eggs laid by somebody else's goose. The investment bankers and their associates now enjoy that privilege.
Over the years, Charlie [Munger, Berkshire Hathaway Vice Chairman] and I have observed many accounting -based frauds of staggering size. Few of the perpetrators have been punished; many have not even been censured. It has been far safer to steal large sums with pen than small sums with a gun.
Only the man who does not need it, is fit to inherit wealth, the man who would make his fortune no matter where he started.
The best kept secret in the investing world: Almost nothing turns out as expected.
Mr. Rockefeller is due to entertain munificently at breakfast, and make his pitch. My advice to one invited guest was: Order caviar, and then say No.
By setting up Berkshire Hathaway, Warren has done everything very rationally.
I told you this would happen. But, no, you had to go for the buffet, didn't you?
Often, investors will discover a manager after he's had a terrific run, usually when he lands on a magazine cover somewhere. Invariably, funds swell up with new investor money just before they revert to their long-term averages.
Mitt Romney is the guy who said corporations are people. No, Governor Romney, corporations are not people.
What do you get when you cross a herd of sheep with a herd of lemmings? A herd of venture capitalists.
Please sell $10,000 worth of stock - we have decided to lead a mad and extravagant life.
If I was a billionaire, I'd be smart with my money.
Right at the core, the mainstream has it backwards. Warren Buffett often quips that the first rule of investing is to not lose money, and the second rule is to not forget the first rule. Yet few investors approach the world with such a strict standard of risk avoidance.
A vast industry of stockbrokers, financial planners, and investment advisers skims a fortune for themselves off the top in exchange for passing their clients' money on to people who, as a whole, cannot possibly outperform the market.
If anyone has seen success and failure on a global stage, it's my friend Steve Forbes.
GREATEST SALESMAN IN THE WORLD
I've always been pleased with the investments I've made with my friend Albert Frere and I regret not having followed him more, because I would have been a lot richer.
Eric once chatted with Warren Buffett about what he looks for when acquiring companies. His answer was: a leader who doesn't need him.
We bought a doomed textile mill [Berkshire Hathaway] and a California S&L [Wesco] just before a calamity. Both were bought at a discount to liquidation value.
My adversary is the world of finance.
Samuelson, however, hedged his personal bets - by putting some of his own money in Berkshire Hathaway.
I think the foundation at Berkshire [Buffett's stake in Berkshirewill pass to the Buffett Foundation upon his death] will be a plus because there will be a continuation of the culture. We'd still take in fine businesses run by people who love them.
Sir John Hall was a multi-millionaire when I came back to Newcastle. With all the players I've bought, I'm trying to make him just an ordinary millionaire.
You think you're paying your dollar for a chance at the $6.2 million jackpot on Saturday, but really you're paying for the pleasure of the car ride home, deciding which credit card to pay off first and where your kid will suddenly be able to go to college.
A successful economy depends on the proliferation of the rich, on creating a large class of risk-taking men who are willing to shun the easy channels of a comfortable life in order to create new enterprise, win huge profits, and invest them again.
Picking winners among the many young companies seeking money is a tough business, even for the most sophisticated investors. Indeed, most professionally run venture funds lose money. For individuals, it's pure folly. Buy a lottery ticket instead. Your chance of winning is likely to be higher.
Once you meet an entrepreneur like Jack Ma, you just want to make sure you bet on him. It's not a hard decision.
investors. I have been a student of the philosophy of value investing, which of course was established, executed, and popularized by superinvestors Benjamin Graham, Warren Buffet, and Seth Klarman among
Who can adequately express his astonishment at the changes of fortune, and the mysterious vicissitudes in human affairs?
Who uses funds more productively - private citizens or the government? I dare say that Warren Buffett can use his surplus funds more effectively in private business and creating jobs than the government can.
I am the rich man's guru.
can't be rockefeller ... must be the devil
Many hedge fund managers have become billionaires; perhaps this - plus their reputations as the smartest guys in the room - is why they have captured the investing public's imagination.
A Random Walk Down Wall Street
There is no fortune so strong that money cannot take it.
The media and marketing deluge has spawned a new type of Wall Street loser: the armchair momentum player. These are novice investors who engage in short-term stock buying and selling based on media reports or an expert's enthusiasm.
John D. Rockefeller.
CEO of People Incorporated,
Is it not odd that the only generous person I ever knew, who had money to be generous with, should be a stockbroker.
Message to the billionaire class: You can't have it all!
Financial Peace Jr.
I was dressed in khaki shorts, a surfing T-shirt and white Vans. Coupled with my amazing tan and disarming smile, I was surprised I wasn't more often confused with Jimmy Buffet. If Jimmy Buffet stood six foot four and weighed two hundred and twenty. "You
We both (Charlie Munger and Warren Buffett) insist on a lot of time being available almost every day to just sit and think. That is very uncommon in American business. We read and think.
My grandfather ... saw where inherited wealth ruined people. And my grandfather was right.
It doesn't take Warren Buffett to realize that when companies don't know what new rules will look like, it affects their ability to commit capital and create new jobs.
I always like it when someone attractive to me agrees with me, so I have fond memories of Phil Fisher. The idea that it was hard to find good investments, so concentrate in a few, seems to me to be an obviously good idea. But 98% of the investment world doesn't think this way.
the Carnegie approach to wealth: increase concentration at the top and hope wealth reaches the masses through charitable bequests.
He was at a starting point which makes many a man's career a fine subject for betting, if there were any gentlemen given to that amusement who could appreciate the complicated probabilities of an arduous purpose ...
I was lucky enough to see with my own eyes the recent stock-market crash, where they lost several million dollars, a rabble of dead money that went sliding off into the sea.
We know something about billionaire consumption, but it is hard to measure some of it. Some billionaires are consuming politicians, others consume reporters, and some consume academics...
Alas, my "fiddle playing" will not get me to Carnegie Hall - or even to a high school recital. Berkshire, on your behalf and mine, will send the Treasury $3.3 billion for tax on its 2003 income, a sum equaling 2½% of the total income tax paid by all U.S. corporations in fiscal 2003.
It is the long-term investor ... who will in practice come in for the most criticism ... For it is the essence of his behavior that he should be eccentric, unconventional, and rash in the eyes of average opinion
Every man is the maker of his own fortune
When someone becomes a millionaire, the least important thing is what they have. The most important thing is what they have become.
The wealthiest person on earth is the one who appreciates
Do not say, What what fear has a rich man of calamity.