Warren Buffett

Warren Buffett (1930-) is an American business magnate, investor, and philanthropist. He is currently the chairman and CEO of Berkshire Hathaway. As a result of his immense investment success, Buffett is one of the best-known fundamental investors in the world.

Warren Buffett Quotes

“People don’t know as much as they think they know. Society has a terrible time preparing for things that are remote but are possible and will occur sooner or later.”

— Warren Buffett

“A lot of great fortunes in the world have been made by owning a single wonderful business. If you understand the business and you know what you are doing, you don’t need very many of them.”

— Warren Buffett

“All there is to investing is picking good stocks at good times and staying with them as long as they remain good companies.”

— Warren Buffett

“In the world of business, the people who are most successful are those who are doing what they love.”

— Warren Buffett

“The most important thing to do if you find yourself in a hole is to stop digging.”

— Warren Buffett

“If you’ve been playing poker for half an hour and you still don’t know who the patsy is, you’re the patsy.”

— Warren Buffett

“Never count on making a good sale. Have the purchase price be so attractive that even a mediocre sale gives good results.”

— Warren Buffett

“In 1962, when I set up our office, I put seven items on the wall. Our art budget was $7, and I went down to the library, and for a dollar each I made photo copies of the pages from financial history…”

— Warren Buffett

“The stock market is a device for transferring money from the impatient to the patient.”

— Warren Buffett

“We really like the decision to be obvious enough to us that it doesn’t require making a detailed calculation.”

— Warren Buffett

“Tell me who your heroes are and I’ll tell you how you’ll turn out to be.”

— Warren Buffett

“The best way to minimize risk is to think.”

— Warren Buffett

“Before looking at new investments, we consider adding to old ones. If a business is attractive enough to buy once, it may well pay to repeat the process.”

— Warren Buffett

“It is better to be approximately right, than precisely wrong.”

— Warren Buffett

“When we own portions of outstanding businesses with outstanding managements, our favorite holding period is forever.”

— Warren Buffett

“Charlie and I believe that when you find information that contradicts your existing beliefs, you’ve got a special obligation to look at it—and quickly.”

— Warren Buffett

“If the Fed Chairman were to whisper to me what his monetary policy was going to be over the next two years, it wouldn’t change one thing I do.”

— Warren Buffett

“You would be better off if you got a punch card with 20 punches on it—and every financial decision you made you used up a punch.

You would think a long time before every investment decision. You would make good ones and you’d make big ones.”

— Warren Buffett

“If we can’t find things within our circle of competence, we won’t expand the circle. We’ll wait.”

— Warren Buffett