Buffett is known for putting his money in “no-brainer”
businesses (i.e. Coca-Cola) that are simple to run, with long-term competitive
advantages. With $89.5 billion to his name, Warren Buffett is not only known
for his self-made wealth and investing acumen, but also his wit and
quotability. We hope this selection of the best Warren Buffett quotes helps you
think about life and investing differently, and that the legendary investor
continues to share his wisdom with the world.
#1 “Never invest in a business you cannot understand.”
#2 “I don’t look to jump over 7-foot bars: I look
around for 1-foot bars that I can step over.”
#3 “I try to buy stock in businesses that are so
wonderful that an idiot can run them. Because sooner or later, one will.”
#4 “A ham sandwich could run Coca-Cola."
#5 “Beware of geeks bearing formulas.”
#6 "You don't need to be a rocket scientist.
Investing is not a game where the guy with the 160 IQ beats the guy with 130
IQ."
#7 “Rule No. 1: Never lose money. Rule No. 2: Never
forget rule No.1”
#8 "The most important quality for an investor is
temperament, not intellect. You need a temperament that neither derives great
pleasure from being with the crowd or against the crowd."
#9“It’s only when the tide goes out that you learn who
has been swimming naked.”
#10 “Our favorite holding period is forever.”
#11 “Someone’s sitting in the shade today because
someone planted a tree a long time ago.”
#12 “An investor should act as though he had a
lifetime decision card with just twenty punches on it.”
#13 "Price is what you pay; value is what you
get."
#14 "Be fearful when others are greedy and greedy
when others are fearful."
#15 “It’s far better to buy a wonderful company at a
fair price, than a fair company at a wonderful price.”
#16 "You can't make a good deal with a bad
person."
#17 "It takes 20 years to build a reputation and
five minutes to ruin it. If you think about that, you'll do things
differently."
#18 “In the business world, the rearview mirror is
always clearer than the windshield.”
#19 “If past history was all that is needed to play
the game of money, the richest people would be librarians.”
#20 “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”
#21 "In my view, derivatives are financial
weapons of mass destruction, carrying dangers that, while now latent, are
potentially lethal."
#22 “The most important investment you can make is in
yourself.”
#23 “If you get to my age in life and nobody thinks
well of you, I don’t care how big your bank account is, your life is a
disaster.”
#24 "I do more reading and thinking, and make
less impulse decisions than most people in business. I do it because I like this
kind of life."
#25 "My life couldn't be happier. In fact, it'd
be worse if I had six or eight houses. So, I have everything I need to have,
and I don't need any more."
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