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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.
Warren Buffett
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Warren Buffett
Age: 94
Born: 1930
Born: August 30
Entrepreneur
Financier
Investor
Shareholder
Omaha
Nebraska
Warren Edward Buffett
Good
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Thinking
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Everyone
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Better
Equally
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Personally
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More quotes by Warren Buffett
Don't risk what is important to you, to get what is not important to you.
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It is unquestionably true that the investment companies have their money more conventionally invested than we do. To many people conventionality is indistinguishable from conservatism. In my view, this represents erroneous thinking. Neither a conventional nor an unconventional approach, per se, is conservative.
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To invest successfully over a lifetime does not require a stratospheric IQ, unusual business insights, or inside information. What's needed is a sound intellectual framework for making decisions and the ability to keep emotions from corroding that framework. You must supply the emotional discipline.
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Growth and value investing are joined at the hip.
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I would say that life at 84, I am having as much fun as I've ever had in my life. I mean I get to do what I love every day with the people I love-and it just doesn't get any better than that.
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Great investment opportunities come around when excellent companies are surrounded by unusual circumstances that cause the stock to be misappraised.
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You don't have to be a genius to invest well
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The stock market is a wonderfully efficient mechanism for transferring wealth from the impatient to the patient.
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Wall Street is the only place that people ride to in a Rolls Royce to get advice from those who take the subway.
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If you understood a business perfectly and the future of the business, you need very little in the way of a margin of safety.
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Derivatives are financial weapons of mass destruction.
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The difference between successful people and really successful people is that really successful people say no to almost everything.
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I don't like what's going on with the executive compensation.
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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.
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The 19th century belonged to England, the 20th century belonged to the U.S., and the 21st century belongs to China. Invest accordingly.
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A low-cost index fund is the most sensible equity investment for the great majority of investors. My mentor, Ben Graham, took this position many years ago, and everything I have seen since convinces me of its truth.
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Much success can be attributed to inactivity. Most investors cannot resist the temptation to constantly buy and sell.
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When asked how he became so successful in investing, Buffett answered: 'we read hundreds and hundreds of annual reports every year.
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Wide diversification is only required when investors do not understand what they are doing.
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Energy deregulation will be the largest transfer of wealth in history.
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