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I measure success by how many people love me. And the best way to be loved is to be lo veable.
Warren Buffett
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Warren Buffett
Age: 94
Born: 1930
Born: August 30
Entrepreneur
Financier
Investor
Shareholder
Omaha
Nebraska
Warren Edward Buffett
Loved
Success
Best
Many
Way
Love
People
Measure
More quotes by Warren Buffett
Do not take yearly results too seriously. Instead, focus on four or five-year averages.
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Credit worthiness is like virginity, it can be preserved but not restored very easily, so it is crazy to play around with it.
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It's far better to buy a wonderful company at a fair price than a fair company at a wonderful price.
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If you do smart things and use leverage and do one wrong thing along the way, it could wipe you out, because anything times zero is zero. But it's reinforcing when the people around you are doing it successfully, you're doing it successfully, and it's a lot like Cinderella at the ball.
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The truth is that I've got all my net worth safely in Berkshire and I will never sell a share so there is no one more concerned about what happens after my death than I am.
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Should you find yourself in a chronically leaking boat, energy devoted to changing vessels is likely to be more productive than energy devoted to patching leaks.
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When they get their ego involved, people do things they shouldn't do.
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Banking is very good business if you don't do anything dumb.
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There are all kinds of businesses that Charlie and I don't understand, but that doesn't cause us to stay up at night. It just means we go on to the next one, and that's what the individual investor should do.
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Most people get interested in stocks when everyone else is. The time to get interested is when no one else is. You can't buy what is popular and do well.
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It is more important to say no to an opportunity, than to say yes.
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Personally, I really hope I can treat everyone equally. I think I have done a pretty good job so far but I know I can do it better.
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The first rule is not to lose. The second rule is not to forget the first rule.
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In earlier years, a lesser effort produced literally dozens of comparable opportunities. It is difficult to be objective about the causes for such diminution of one's own productivity. Three factors that seem apparent are: (1) a somewhat changed market environment (2) our increased size and (3) substantially more competition.
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The greatest Enemies of the Equity investor are Expenses and Emotions.
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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.
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If past history was all there was to the game, the richest people would be librarians.
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The patient that's on the floor with the cardiac arrest is not Wall Street. It's the American economy.
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