Quote

I do not believe in inheriting your position in society based on which womb you come from... I think a rich person should leave his children enough so they can do anything, but not enough so they can do nothing.

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
Nothing
Position
Enough
Wisdom
Children
Rich
Believe
Society
Think
Anything
Inheriting
Thinking
Persons
Womb
Person
Based
Come
Leave

More quotes by Warren Buffett

Image
You don't ever ask a barber whether you need a haircut.
Warren Buffett
Image
People should always know better.
Warren Buffett
Image
Investors... can't pick stocks that are better than average. Stocks are a good thing to own over time. There's only two things you can do wrong: You can buy the wrong ones, and you can buy or sell them at the wrong time. And the truth is you never need to sell them.
Warren Buffett
Image
Accounting is the language of business.
Warren Buffett
Image
Earnings can be pliable as putty when a charlatan heads the company reporting them.
Warren Buffett
Image
You're neither right nor wrong because other people agree with you. You're right because your facts are right and your reasoning is right - that's the only thing that makes you right. And if your facts and reasoning are right, you don't have to worry about anybody else.
Warren Buffett
Image
The active investors will have their returns diminished by a far greater percentage than will their inactive brethren. That means that the passive group - the know-nothings - must win.
Warren Buffett
Image
Ignore the stock market, ignore the economy, and buy a business you understand.
Warren Buffett
Image
Good profits simply are not inconsistent with good behavior.
Warren Buffett
Image
Do not save what is left after spending, but spend what is left after saving.
Warren Buffett
Image
You could be somewhere where the mail was delayed three weeks and do just fine investing.
Warren Buffett
Image
If a business does well, the stock eventually follows.
Warren Buffett
Image
You ought to be able to explain why you’re taking the job you’re taking, why you’re making the investment you’re making, or whatever it may be. And if it can’t stand applying pencil to paper, you’d better think it through some more. And if you can’t write an intelligent answer to those questions, don’t do it.
Warren Buffett
Image
The most important quality for an investor is temperament, not intellect.
Warren Buffett
Image
Good big decisions do not take time at all, if they do you are in trouble.
Warren Buffett
Image
The 19th century belonged to England, the 20th century belonged to the U.S., and the 21st century belongs to China. Invest accordingly.
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
The smarter the journalists are, the better off society is.
Warren Buffett
Image
I do know that when I am 60, I should be attempting to achieve different personal goals than those which had priority at age 20.
Warren Buffett
Image
Take the job you would take if you were independently wealthy. You're going to do well at it.
Warren Buffett