warren buffett quotes

50 of The Best Quotes From Warren Buffett

  1. “It takes 20 years to build a reputation and five minutes to ruin it. If you think about that, you’ll do things differently.”
  2. “Rule No. 1: Never lose money. Rule No. 2: Never forget Rule No. 1.”
  3. “Risk comes from not knowing what you’re doing.”
  4. “The stock market is a device for transferring money from the impatient to the patient.”
  5. “The difference between successful people and really successful people is that really successful people say no to almost everything.”
  6. “In the business world, the rearview mirror is always clearer than the windshield.”
  7. “Price is what you pay. Value is what you get.”
  8. “The best thing I ever did was choose the right heroes.”
  9. “If you’re in the luckiest 1% of humanity, you owe it to the rest of humanity to think about the other 99%.”
  10. “I always knew I was going to be rich. I don’t think I ever doubted it for a minute.”
  11. “Someone’s sitting in the shade today because someone planted a tree a long time ago.”
  12. “The most important investment you can make is in yourself.”
  13. “It’s better to hang out with people better than you. Pick out associates whose behavior is better than yours and you’ll drift in that direction.”
  14. If you don’t find a way to make money while you sleep, you will work until you die.
  15. “The investor of today does not profit from yesterday’s growth.”
  16. “The only way to get love is to be lovable. It’s very irritating if you have a lot of money. You’d like to think you could write a check: I’ll buy a million dollars’ worth of love. But it doesn’t work that way. The more you give love away, the more you get.”
  17. “You only have to do a very few things right in your life so long as you don’t do too many things wrong.”
  18. “You do things when the opportunities come along. I’ve had periods in my life when I’ve had a bundle of ideas come along, and I’ve had long dry spells. If I get an idea next week, I’ll do something. If not, I won’t do a damn thing.”
  1. “I don’t look to jump over 7-foot bars: I look around for 1-foot bars that I can step over.”
  2. “The best investment you can make is in your own abilities. Anything you can do to develop your own abilities or business is likely to be more productive.”
  3. “It’s far better to buy a wonderful company at a fair price than a fair company at a wonderful price.”
  4. “When a management with a reputation for brilliance tackles a business with a reputation for bad economics, it is the reputation of the business that remains intact.”
  5. “Chains of habit are too light to be felt until they are too heavy to be broken.”
  6. “We simply attempt to be fearful when others are greedy and to be greedy only when others are fearful.”
  7. “The business schools reward difficult complex behavior more than simple behavior, but simple behavior is more effective.”
  8. “The most important thing to do if you find yourself in a hole is to stop digging.”
  9. “I don’t believe in pessimism. If something doesn’t come up the way you want, forge ahead. If you think it’s going to rain, it will.”
  10. “Our favorite holding period is forever.”
  11. “The big question about how people behave is whether they’ve got an Inner Scorecard or an Outer Scorecard. It helps if you can be satisfied with an Inner Scorecard.”
  12. “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 the 130 IQ.”
  13. “It’s not necessary to do extraordinary things to get extraordinary results.”
  14. “You can’t make a good deal with a bad person.”
  15. “The only way to get to the top is to get off your bottom.”
  16. “The first rule of investing is don’t lose money; the second rule is don’t forget Rule No. 1.”
  17. “If you’re not willing to own a stock for ten years, don’t even think about owning it for ten minutes.”
  18. “The only time to buy these is on a day with no ‘y’ in it.”
  19. “The most important quality for an investor is temperament, not intellect.”
  20. “It’s better to be approximately right than precisely wrong.”
  21. “The best thing I ever did was to choose the right heroes.”
  1. “You can’t predict the future, but you can prepare for it.”
  2. “The investor who permits himself to be stampeded or unduly worried by unjustified market declines in his holdings is perversely transforming his basic advantage into a basic disadvantage.”
  3. “The biggest mistake we make is not learning from our mistakes.”
  4. “It’s not how much money you make, but how much money you keep, how hard it works for you, and how many generations you keep it for.”
  5. “It’s better to be a slow follower than a fast failure.”
  6. “The best thing about investing is that you don’t have to swing at every pitch.”
  7. “You only have to do a very few things right in your life so long as you don’t do too many things wrong.”
  8. “Time is the friend of the wonderful company, the enemy of the mediocre.”
  9. “Opportunities come infrequently. When it rains gold, put out the bucket, not the thimble.”
  10. “If you’re not willing to react with equanimity to a market price decline of 50% two or three times a century, you’re not fit to be a common shareholder, and you deserve the mediocre result you’re going to get compared to the people who do have the temperament, who can be more philosophical about these market fluctuations.”
  11. “The most important thing in investing is not how much you know, but rather how realistically you define what you don’t know.”