Quote

Two rules: 1. Preserve the principal 2. When in doubt, see Rule #1.

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
Preserves
Rule
Rules
Doubt
Business
Two
Preserve
Principal

More quotes by Warren Buffett

Image
If at first you do succeed, quit trying on investing.
Warren Buffett
Image
Market price, while used exclusively to value our investments in minority positions, is not a relevant factor when applied to our controlling interests.
Warren Buffett
Image
Every company that has an economist working for him has one employee too many.
Warren Buffett
Image
We continue to make more money when snoring than when active.
Warren Buffett
Image
There seems to be some perverse human characteristic that likes to make easy things difficult.
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
So some guy may know how to make money in cocoa beans, but I don't so I just let him have that. But it's got to be something I understand. It's got to be a business with fundamentally good economics. It's got to be a management that I like and trust and admire. And it's got to be a price that makes sense.
Warren Buffett
Image
If you are a professional and have confidence, then I would advocate lots of concentration.
Warren Buffett
Image
Earnings can be pliable as putty when a charlatan heads the company reporting them.
Warren Buffett
Image
It's a lot easier to buy things than it is to sell them.
Warren Buffett
Image
You pay a very high price in the stock market for a cheery consensus.
Warren Buffett
Image
It's nice to have a lot of money, but you know, you don't want to keep it around forever. I prefer buying things. Otherwise, it's a little like saving sex for your old age.
Warren Buffett
Image
The much-maligned idle rich have received a bad rap: They have maintained their wealth while many There is scarcely an instance of a man who has made a fortune by speculation and kept it. Andrew Carnegie of the energetic rich, aggressive real estate operators, corporate acquirers, oil drillers, etc. have their fortunes disappear.
Warren Buffett
Image
If you don't feel comfortable owning something for 10 years, then don't own it for 10 minutes.
Warren Buffett
Image
Managers that always promise to 'make the numbers' will at some point be tempted to make up the numbers.
Warren Buffett
Image
Our marketable equities tell us by their operating results - not by their daily, or even yearly, price quotations - whether our investments are successful. The market may ignore business success for a while, but eventually will confirm it.
Warren Buffett
Image
We make investment decisions based on our evaluation of the most profitable combination of probabilities.
Warren Buffett
Image
What's nice about investing is you don't have to swing at every pitch.
Warren Buffett
Image
Never give up searching for the job that you’re passionate about. Try to find the job you’d have if you were independently rich. Forget about the pay. When you’re associating with the people that you love, doing what you love, it doesn’t get any better than that.
Warren Buffett
Image
It is madness to risk losing what you need in pursuing what you simply desire.
Warren Buffett