34 Amazing Warren Buffett Quotes

Warren Buffett is a legendary investor and one of the richest people in the world. Born in Omaha, Nebraska in 1930, Buffet developed an early interest in business and investing. He started investing in stocks at the age of 11 and started his first business, a pinball company, at the age of 13.

After graduating from the University of Nebraska, Buffett continued his studies at Columbia Business School, where he was trained by the famous investor Benjamin Graham. This is where Buffet developed his investment philosophy of buying undervalued stocks and holding them for the long term.

Here are 34 Warren Buffett Quotes

1. “Rule No. 1: Never lose money. Rule No. 2: Never forget Rule No.1.”
2. “Price is what you pay. Value is what you get.”
3. “It’s far better to buy a wonderful company at a fair price than a fair company at a wonderful price.”
4. “Risk comes from not knowing what you’re doing.”
5. “The stock market is a device for transferring money from the impatient to the patient.”
6. “Opportunities come infrequently. When it rains gold, put out the bucket, not the thimble.”
7. “You only have to do a very few things right in your life so long as you don’t do too many things wrong.”
8. “The difference between successful people and really successful people is that really successful people say no to almost everything.”
9. “Honesty is a very expensive gift. Don’t expect it from cheap people.”
10. “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.”
11. “I don’t look to jump over seven-foot bars; I look around for one-foot bars that I can step over.”
12. “Our favorite holding period is forever.”
13. “In the business world, the rearview mirror is always clearer than the windshield.”
14. “Chains of habit are too light to be felt until they are too heavy to be broken.”
15. “If you’re in the luckiest 1% of humanity, you owe it to the rest of humanity to think about the other 99%.”
16. “The best thing I ever did was choose the right heroes.”
17. “Only when the tide goes out do you discover who’s been swimming naked.”
18. “The investor of today does not profit from yesterday’s growth.”
19. “The most important investment you can make is in yourself.”
20. “The smarter the journalists are, the better off society is. For to a degree, people read the press to inform themselves – and the better the teacher, the better the student body.”
21. “If you’re not willing to own a stock for ten years, don’t even think about owning it for ten minutes.”
22. “Someone’s sitting in the shade today because someone planted a tree a long time ago.”
23. “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 ten years.”
24. “You can’t make a good deal with a bad person.”
25. “It takes 20 years to build a reputation and five minutes to ruin it. If you think about that, you’ll do things differently.”
26. “There’s no reason to be the richest man in the cemetery. You can’t do any business from there.”
27. “Be fearful when others are greedy and greedy when others are fearful.”
28. “It’s better to be approximately right than precisely wrong.”
29. “A public opinion poll is no substitute for thought.”
30. “I buy expensive suits. They just look cheap on me.”
31. “Time is the friend of the wonderful business, the enemy of the mediocre.”
32. “I am a better investor because I am a businessman, and a better businessman because I am an investor.”
33. “It’s not about money. It’s about the people you have, how you’re led, and how much you get it.”
34. “The most important quality for an investor is temperament, not intellect

Buffett is the CEO and chairman of Berkshire Hathaway, a holding company that owns a variety of businesses including insurance, energy and retail. Over the years, Buffett has made many successful investments and is widely regarded as one of the most successful investors of all time. He is also known for his philanthropy, as he has pledged to donate most of his wealth to charity.

Despite his enormous wealth, Buffett is known for his frugal lifestyle and simple taste. He still lives in the same house in Omaha he bought in 1958 for $31,500 and drives to work every day. Buffett is also famous for his wit and wisdom, and his annual shareholder letters are widely read and studied by investors around the world.

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