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When you get to my age, you’ll measure your success in life by how many of the people you want to have love you actually do love you. That’s the ultimate test of how you’ve lived your life.
Warren Buffett
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Warren Buffett
Age: 94
Born: 1930
Born: August 30
Entrepreneur
Financier
Investor
Shareholder
Omaha
Nebraska
Warren Edward Buffett
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Tests
More quotes by Warren Buffett
All day you wait for the pitch you like then when the fielders are asleep, you step up and hit it.
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The latter qualification brings to mind a fellow who applied for a job and stated he had twenty years of experience-which was corrected by a former employer to read one year's experience-twenty times.
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Do what you would do for free, having passion for what you do is the most important thing.
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Read 500 pages every day. That's how knowledge works. It builds up like compound interest.
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My wealth has come from a combination of living in America, some lucky genes, and compound interest.
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An ounce of prevention is worth a pound of cure understated.
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I have no idea on timing. It’s easier to tell what will happen than when it will happen. I would say that what is going on in terms of trade policy is going to have very important consequences.
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Bad terminology is the enemy of good thinking.
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During inflation, Goodwill is the gift that keeps on giving.
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We all make mistakes. If you can't make mistakes, you can't make decisions. I've made a lot bigger mistakes myself.
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As far as you are concerned, the stock market does not exist. Ignore it.
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In the long run managements stressing accounting appearance over economic substance usually achieve little of either.
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Growth and value investing are joined at the hip.
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The critical investment factor is determining the intrinsic value of a business and paying a fair or bargain price.
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I asked him what he wanted to do for his career, and he replied that he wanted to go into a particular field, but thought he should work for McKinsey for a few years first to add to his resume. To me that's like saving sex for your old age. It makes no sense.
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I did not think I would see the day when, you know, an AIG would not be able to have its checks clear.
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I do not like debt and do not like to invest in companies that have too much debt, particularly long-term debt. With long-term debt, increases in interest rates can drastically affect company profits and make future cash flows less predictable.
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Charlie and I have a number of filters that things have to get through before we'll think about them.
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Too often, executive compensation in the U.S. is ridiculously out of line with performance. That won't change, moreover, because the deck is stacked against investors when it comes to the CEO's pay.
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The advice you never go broke taking a profit is foolish.
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