Quotes by Warren Buffett

Someone is sitting in the shade today because someone planted a tree a long time ago.

— Warren Buffett

Wisdom

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

Wisdom

In the 20th century, the United States endured two world wars and other traumatic and expensive military conflicts; the Depression; a dozen or so recessions and financial panics; oil shocks; a flu epidemic; and the resignation of a disgraced president. Yet the Dow rose from 66 to 11,497.

— Warren Buffett

Life

Risk comes from not knowing what you're doing.

— Warren Buffett

Wisdom

Rule No.1: Never lose money. Rule No.2: Never forget rule No.1.

— Warren Buffett

Wisdom

Price is what you pay. Value is what you get.

— Warren Buffett

Wisdom

In the business world, the rearview mirror is always clearer than the windshield.

— Warren Buffett

Life

When you combine ignorance and leverage, you get some pretty interesting results.

— Warren Buffett

Wisdom

I bought a company in the mid-'90s called Dexter Shoe and paid $400 million for it. And it went to zero. And I gave about $400 million worth of Berkshire stock, which is probably now worth $400 billion. But I've made lots of dumb decisions. That's part of the game.

— Warren Buffett

Wisdom

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.

— Warren Buffett

Wisdom

Only when the tide goes out do you discover who's been swimming naked.

— Warren Buffett

Wisdom

We simply attempt to be fearful when others are greedy and to be greedy only when others are fearful.

— Warren Buffett

Courage

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

Wisdom

I would say the most satisfying thing actually is watching my three children each pick up on their own interests and work many more hours per week than most people that have jobs at trying to intelligently give away that money in fields that they particularly care about.

— Warren Buffett

Success

Derivatives are financial weapons of mass destruction.

— Warren Buffett

Wisdom

Chains of habit are too light to be felt until they are too heavy to be broken.

— Warren Buffett

Wisdom

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.

— Warren Buffett

Wisdom

Wall Street is the only place that people ride to in a Rolls Royce to get advice from those who take the subway.

— Warren Buffett

Wisdom

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

Life

It's far better to buy a wonderful company at a fair price than a fair company at a wonderful price.

— Warren Buffett

Wisdom

The investor of today does not profit from yesterday's growth.

— Warren Buffett

Wisdom

Of the billionaires I have known, money just brings out the basic traits in them. If they were jerks before they had money, they are simply jerks with a billion dollars.

— Warren Buffett

Wisdom

I buy expensive suits. They just look cheap on me.

— Warren Buffett

Wisdom

I always knew I was going to be rich. I don't think I ever doubted it for a minute.

— Warren Buffett

Wisdom