Warren Buffett's quotes [Top 1001+ ] (Part 1)

Warren Buffett’s quotes- Part 1

Warren Edward Buffett (born August 30, 1930) is an American business magnate, investor, and philanthropist. He is currently the chairman and CEO of Berkshire Hathaway. He is considered one of the most successful investors in the world^] and has a net worth of over $102.1 billion as of December 2021, making him the world’s tenth-wealthiest person.

“If you don’t find a way to make money while you sleep, you will work until you die.” – Warren Buffett

“If you buy things you do not need, soon you will have to sell things you need.” – Warren Buffett

“We don’t get paid for activity, just for being right. As to how long we’ll wait, we’ll wait indefinitely.” – Warren Buffett

“If a business does well, the stock eventually follows.” – Warren Buffett

“The one piece of advice I can give you is, do what turns you on. Do something that if you had all the money in the world, you’d still be doing it. You’ve got to have a reason to jump out of bed in the morning.” – Warren Buffett

“Cash combined with courage in a time of crisis is priceless.” – Warren Buffett

“Beware [of] the investment activity that produces applause; the great moves are usually greeted by yawns.” – Warren Buffett

“The secret to happiness is having low expectations.” – Warren Buffett

“The best investment you can make, is an investment in yourself… The more you learn, the more you’ll earn.” – Warren Buffett

“What the wise do in the beginning, fools do in the end.” – Warren Buffett

“Anyone who believes a growth rate in excess of 15% per annum over the long term is attainable should pursue a career in sales, but avoid one in mathematics.” – Warren Buffett

“Do not save what is left after spending, but spend what is left after saving.” – Warren Buffett

“If you cannot control your emotions, you cannot control your money.” – Warren Buffett

“We don’t have to be smarter than the rest. We have to be more disciplined than the rest.” – Warren Buffett

“Look for 3 things in a person. Intelligence, Energy, & Integrity. If they don’t have the last one, don’t even bother with the first two.” – Warren Buffett

“I think the worst mistake you can make in stocks is to buy or sell based on current headlines.” – Warren Buffett

“People will always try to stop you from doing the right thing if it is unconventional.” – Warren Buffett

“All I have to do is think and not be influenced by others.” – Warren Buffett

“For example: (1) As if governed by Newton’s First Law of Motion, an institution will resist any change in its current direction; (2) Just as work expands to fill available time, corporate projects or acquisitions will materialize to soak up available funds; (3) Any business craving of the leader, however foolish, will be quickly supported by detailed rate-of-return and strategic studies prepared by his troops; and (4) The behavior of peer companies, whether they are expanding, acquiring, setting executive compensation or whatever, will be mindlessly imitated.” – Warren Buffett

“The true investor welcomes volatility … a wildly fluctuating market means that irrationally low prices will periodically be attached to solid businesses.” – Warren Buffett

“The secret is to find what you love to do.I mean, I tell the students look for the job that you would take if you didn’t need a job. I mean, it’s that simple. And I was lucky enough to find it very early in life. And then the second thing is to have people around you that make feel good every day, and make you a better person than you otherwise would be.” – Warren Buffett

“The best thing that happens to us is when a great company gets into temporary trouble…We want to buy them when they’re on the operating table.” – Warren Buffett

“Never test the depth of river with both the feet.” – Warren Buffett

“The commission of the investment sins listed above is not limited to ‘the little guy.’ Huge institutional investors, viewed as a group, have long underperformed the unsophisticated index-fund investor who simply sits tight for decades. A major reason has been fees: Many institutions pay substantial sums to consultants who, in turn, recommend high-fee managers. And that is a fool’s game.” – Warren Buffett

“If you lose money for the firm, I will be forgiving. If you lose reputation, I will be ruthless.” – Warren Buffett

“Of the billionaires I have known, money just brings out the basic traits in them. If they were jerks before they had money, they are simply jerks with a billion dollars.” – Warren Buffett

“Be fearful when the markets get greedy, be greedy when the markets get fearful.” – Warren Buffett

“Take the high road; it’s far less crowded.” – Warren Buffett

“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.” – Warren Buffett

“The most common cause of low prices is pessimism – some times pervasive, some times specific to a company or industry. We want to do business in such an environment, not because we like pessimism but because we like the prices it produces. It’s optimism that is the enemy of the rational buyer.” – Warren Buffett

“Credit worthiness is like virginity, it can be preserved but not restored very easily, so it is crazy to play around with it.” – Warren Buffett

“Everybody’s got a different circle of competence. The important thing is not how big the circle is. The important thing is staying inside the circle.” – Warren Buffett

“To be successful, you should concentrate on the world of companies, not arcane accounting mathematics.” – Warren Buffett

“If book knowledge made great investors, than the librarians would all be rich.” – Warren Buffett

“If you’re extremely rich, and you have got children, my theory was, you give them enough so they can do anything, but not enough so they can do nothing.” – Warren Buffett

“I have always cautioned partners that I considered three years a minimum in determining whether we were “performing”.” – Warren Buffett

“Investors, of course, can, by their own behavior make stock ownership highly risky. And many do. Active trading, attempts to “time” market movements, inadequate diversification, the payment of high and unnecessary fees to managers and advisors, and the use of borrowed money can destroy the decent returns that a life-long owner of equities would otherwise enjoy. Indeed, borrowed money has no place in the investor’s tool kit.” – Warren Buffett

“The dominant factors affecting control valuations are earning power (past and prospective) and asset values.” – Warren Buffett

“I wouldn’t want to manufacture cigarettes. But if I owned – we do own Costco. Do they sell them? Yes. So I don’t have a problem owning stock in that. But I just wouldn’t want to – I wouldn’t want to do it myself. I basically think, if anything is sufficiently antisocial, society should do something about it. But that’s a separate question. But – and I don’t think there’s any company that I have seen that’s 100 percent pure.” – Warren Buffett

“I always knew I was going to be rich. I don’t think I ever doubted it for a minute.” – Warren Buffett

“Mr. Market is kind of a drunken psycho. Some days he gets very enthused, some days he gets very depressed. And when he get really enthused you sell to him, and if he gets depressed, you buy from him. There’s no moral taint attached to that.” – Warren Buffett

“This economy doesn’t work well without the lubrication of credit and trust.” – Warren Buffett

“Intensity is the price of excellence.” – Warren Buffett

“I’ll tell you why I like the cigarette business. It cost a penny to make. Sell it for a dollar. It’s addictive. And there’s a fantastic brand loyalty.” – Warren Buffett

“It’s a lot easier to buy things than it is to sell them.” – Warren Buffett

“The smartest side to take in a bidding war is the losing side.” – Warren Buffett

“Failure comes from ego, greed, envy, fear, imitation. I have success not because I am smart, but because I am rational.” – Warren Buffett

“There’s class warfare, all right, but it’s my class, the rich class, that’s making war, and we’re winning.” – Warren Buffett

“I never invest in anything that I don’t understand.” – Warren Buffett

“The rich invest in time, the poor invest in money.” – Warren Buffett

“When people tell me they’ve learned from experience, I tell them the trick is to learn from other people’s experience.” – Warren Buffett

“Inactivity strikes us as intelligent behavior.” – Warren Buffett

“When a management with reputation for brilliance gets hooked up with a business with a reputation for bad economics, it’s the reputation of the business that remains intact.” – Warren Buffett

“The (stock) market is there only as a reference point to see if anybody is offering to do anything foolish. When we invest in stocks, we invest in businesses.” – Warren Buffett

“Wide diversification is only required when investors do not understand what they are doing.” – Warren Buffett

“I knew a lot about what I did when I was 20. I had read a lot, and I aspired to learn everything I could about the subject.” – Warren Buffett

“He must never forget Charlie’s plea: Tell me where I’m going to die, so I’ll never go there.” – Warren Buffett

“I mean, we’ll be pounding on the guy’s chest, you know, on the floor, and you know, he’s not going to just jump up all of a sudden. So it makes it tough. I mean, it’s tough to be in the legislature, you know, and vote for something and then people say, well, you voted all this money and you know, it’s all getting spent. It isn’t getting spent. It’s getting invested. But it’s all getting spent. Nothing’s happening.” – Warren Buffett

“A home is one of the most important assets that most people will ever buy. Homes are also where memories are made and you want to work with someone you can trust.” – Warren Buffett

“That which is not worth doing at all is not worth doing well.” – Warren Buffett

“Anything can happen anytime in markets. And no advisor, economist, or TV commentator-and definitely not Charlie nor I-can tell you when chaos will occur. Market forecasters will fill your ear but will never fill your wallet.” – Warren Buffett

“With each investment you make, you should have the courage and the conviction to place at least ten per cent of your net worth in that stock” – Warren Buffett

“The woman that comes in, takes the wastebasket away, she’s paying 15.3 or whatever it is on payroll tax alone. I mean it is – I never had it so good.” – Warren Buffett

“OUR leaders have asked for “shared sacrifice.” But when they did the asking, they spared me. I checked with my mega-rich friends to learn what pain they were expecting. They, too, were left untouched.” – Warren Buffett

“They say the chains of habit are too light to be felt until they are too heavy to be broken. The chains you put around yourself now have enormous consequences as you go through life.” – Warren Buffett

“Only buy something that you’d be perfectly happy to hold if the market shut down for 10 years.” – Warren Buffett

“Do not take yearly results too seriously. Instead, focus on four or five-year averages.” – Warren Buffett

“If you don’t feel comfortable owning something for 10 years, then don’t own it for 10 minutes.” – Warren Buffett

“The investor of today does not profit from yesterday’s growth.” – Warren Buffett’s quotes

“If you look at the Forbes 400, they are paying a lower rate, accounting payroll taxes, than their secretary or – whomever around their office.” – Warren Buffett