Warren Buffett
Warren Buffett
Warren Edward Buffett is an American business magnate, investor and philanthropist. He is considered by some to be one of the most successful investors in the world. Buffett is the chairman, CEO and largest shareholder of Berkshire Hathaway, and is consistently ranked among the world's wealthiest people. He was ranked as the world's wealthiest person in 2008 and as the third wealthiest in 2015. In 2012 Time named Buffett one of the world's most influential people...
NationalityAmerican
ProfessionEntrepreneur
Date of Birth30 August 1930
CityOmaha, NE
CountryUnited States of America
Investing is forgoing consumption now in order to have the ability to consume more at a later date.
Derivatives are financial weapons of mass destruction.
Investing in yourself is the best thing you can do. If you've got talents, no one can take them from you.
It is better to point out your own mistakes than have somebody else do it.
It's far better to buy a wonderful company at a fair price than a fair company at a wonderful price.
Investing is laying out money now to get more money back in the future.
Optimism.. is the enemy of the rational buyer
Our favorite holding period is forever.
Look at market fluctuations as your friend rather than your enemy; profit from folly rather than participate in it.
Soil is a living ecosystem and is a farmer's most precious asset. A farmer's productive capacity is directly related to the health of his or her soil.
I mean people, people don't get ,they don't get smarter about things that get as basic as greed and you can't stand to see your neighbor getting rich. You know you're smarter than he is, and he's doing these things, you know, and he's getting rich, and your spouse is getting unhappy with you because you aren't doing pretty soon you start doing it. And so you get what I call the natural progression, the three Is. The innovators, the imitators, and the idiots.
You can go back to tulip bulbs in Holland 400 years ago. The human beings going through combinations of fear and greed and all of that sort of thing, their behavior can lead to bubbles. And it may have had and Internet bubble at one time, you've had a farm bubble, farmland bubble in the Midwest which resulted in all kinds of tragedy in the early '80s.
When people talk about cash being king, it's not king if it just sits there and never does anything.
The American worker is more productive than he's ever been. We've got more people to do it. We've got all the ingredients for a sensational future. It's just that right now the athlete's on the floor. This is a super athlete.