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
Never depend on a single source of income.
Managers and investors alike must understand that accounting numbers are the beginning, not the end, of business valuation.
Never test the depth of river with both the feet.
There are three kinds of people: 1. Innovators. 2. Imitators. 3. Idiots.
Of our 49 billion, we haven't moved any to Bitcoin
It's almost impossible to overpay the truly extraordinary CEO... but the species is rare.
Don't invest in pieces of papers (stocks), invest in great businesses underlying them
Every company that has an economist working for him has one employee too many.
Very successful people say no to almost everything.
Market prices for stocks fluctuate at great amplitudes around intrinsic value but, over the long term, intrinsic value is virtually always reflected at some point in market price.
The secret to happiness is having low expectations.
Who would think of buying or selling a private business because of someone's guess on the stock market? The availability of a quotation for your business interest (stock) should always be an asset to be utilized if desired. If it gets silly enough in either direction, you take advantage of it. Its availability should never be turned into a livability whereby its periodic aberrations in turn formulate your judgements.
The most important thing in terms of your circle of competence is not how large the area of it is, but how well you've defined the perimeter.
I tell college students, when you get to be my age you will be successful if the people who you hope to have love you, do love you.