Warren Buffett Quotes

American investor, entrepreneur and businessman

Warren Edward Buffett (born 30 August 1930) is an American business magnate, investor, and philanthropist. He is currently the chairman and CEO of Berkshire Hathaway. He is one of the most successful investors in the world and has a net worth of over $113 billion as of June 2022, making him the world's fifth-wealthiest person.

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Also Known As: The Oracle of Omaha

Alternative Names: Warren Edward Buffett

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

calling someone who trades actively in the market an investor “is like calling someone who repeatedly engages in one-night stands a romantic.

Get something to improve yourself at least 1% each day

Never depend on single income. Make investment to create a second source.

When a person with money meets a person with experience, the one with experience ends up with the money and the one with money leaves with experience.

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

Gold is a way of going long on fear, and it has been a pretty good way of going long on fear from time to time. But you really have to hope people become more afraid in a year or two years than they are now. And if they become more afraid you make money, if they become less afraid you lose money, but the gold itself doesn’t produce anything.

If each of us hires people who are smaller than we are, we shall become a company of dwarfs. But, if each of us hires people who are bigger than we are, we shall become a company of giants.

An idiot with a plan can beat a genius without a plan.

Culture, more than rule books, determines how an organization behaves.

In some corner of the world they are probably still holding regular meetings of the Flat Earth Society. We derive no comfort because important people, vocal people, or great numbers of people agree with us. Nor do we derive comfort if they don't.

Derivatives are like sex. It's not who we're sleeping with, it's who they're sleeping with that's the problem.

In fact, when Warren Buffett was once asked about the key to success, he pointed to a stack of nearby books and said, “Read 500 pages like this every day. That’s how knowledge works. It builds up, like compound interest. All of you can do it, but I guarantee not many of you will do it.

Having firstrate people on the team is more important than designing hierarchies and clarifying who reports to whom

The more you learn, the more you earn.