Quote

Risk can be greatly reduced by concentrating on only a few holdings.

Warren Buffett

Change background

T
T
T

Change font

TAGS & TOPICS

Warren Buffett
Age: 94
Born: 1930
Born: August 30
Entrepreneur
Financier
Investor
Shareholder
Omaha
Nebraska
Warren Edward Buffett
Greatly
Investing
Risk
Holdings
Buffets
Concentrating
Reduced

More quotes by Warren Buffett

Image
Managers and investors alike must understand that accounting numbers are the beginning, not the end, of business valuation.
Warren Buffett
Image
We need a tax system that essentially takes very good care of the people who just really aren't as well adapted to the market system but are nevertheless doing useful things in the society.
Warren Buffett
Image
In business, I look for economic castles protected by unbreachable 'moats'.
Warren Buffett
Image
The American economy is going to do fine. But it won't do fine every year and every week and every month. I mean, if you don't believe that, forget about buying stocks anyway... It's a positive-sum game, long term. And the only way an investor can get killed is by high fees or by trying to outsmart the market.
Warren Buffett
Image
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
Image
Mark Zuckerberg will be a hero to many young entrepreneurs 20 years from now. Bill Gates will be a hero to others, and they will look to those [people] like I read books when I was in my teens about Rockefeller or Carnegie.
Warren Buffett
Image
In some corner of the world they are probably still holding regular meetings of the Flat Earth Society. We derive no comfort because important people, vocal people, or great numbers of people agree with us. Nor do we derive comfort if they don't.
Warren Buffett
Image
Most investors, both institutional and individual, will find that the best way to own common stocks (shares') is through an index fund that charges minimal fees. Those following this path are sure to beat the net results (after fees and expenses) of the great majority of investment professionals.
Warren Buffett
Image
Calculate owner earnings to get a true reflection of value.
Warren Buffett
Image
Life is like a snowball. The important thing is finding wet snow and a really long hill.
Warren Buffett
Image
You can be sure that over the next 10 years, you'll see something that you did not think was possible.
Warren Buffett
Image
The stock market is a wonderfully efficient mechanism for transferring wealth from the impatient to the patient.
Warren Buffett
Image
Americans are in a cycle of fear which leads to people not wanting to spend and not wanting to make investments, and that leads to more fear. We'll break out of it. It takes time.
Warren Buffett
Image
I have pledged - to you, the rating agencies and myself - to always run Berkshire with more than ample cash. We never want to count on the kindness of strangers in order to meet tomorrow's obligations. When forced to choose, I will not trade even a night's sleep for the chance of extra profits.
Warren Buffett
Image
You’d get very rich if you thought of yourself as having a card with only twenty punches in a lifetime, and every financial decision used up one punch. You’d resist the temptation to dabble. You’d make more good decisions and you’d make more big decisions.
Warren Buffett
Image
Well, I think the biggest mistake is not learning the habits of saving properly early. Because saving is a habit. And then, trying to get rich quick. It's pretty easy to get well-to-do slowly. But it's not easy to get rich quick.
Warren Buffett
Image
There are three kinds of people: 1. Innovators. 2. Imitators. 3. Idiots.
Warren Buffett
Image
We also believe candour benefits us as managers. The CEO who misleads often in public eventually misleads himself in private.
Warren Buffett
Image
Paradoxically, when 'dumb' money acknowledges its limitations, it ceases to be dumb.
Warren Buffett
Image
My job is essentially just corralling more and more and more facts and information, and occasionally seeing whether that leads to some action.
Warren Buffett