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Making money isn't the backbone of our guiding purpose it is the by-product of our guiding purpose.
Warren Buffett
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Warren Buffett
Age: 94
Born: 1930
Born: August 30
Entrepreneur
Financier
Investor
Shareholder
Omaha
Nebraska
Warren Edward Buffett
Guiding
Backbone
Product
Products
Purpose
Making
Money
More quotes by Warren Buffett
When we own portions of outstanding businesses with outstanding managements, our favorite holding period is forever.
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If you're an investor, you're looking on what the asset is going to do, if you're a speculator, you're commonly focusing on what the price of the object is going to do, and that's not our game.
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If this is a war, my side has the nuclear bomb. We have K Street. We have Wall Street. Debbie doesn't have anybody. I want a government that is responsive to the people who got the short straw in life.
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I think I could make you fifty percent a year on one million dollars. No, I know I could. I guarantee that.
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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.
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I don't really think that, as a society, we [americans] want to confer blessings on generation after generation who contribute nothing to society, simply because somebody in the far distant past happened to amass a great sum of wealth.
Warren Buffett
Our stay-put behavior reflects our view that the stock market serves as a relocation center at which money is moved from the active to the patient.
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What motivates most gold purchasers is their belief that the ranks of the fearful will grow ... As 'bandwagon' investors join any party, they create their own truth - for a while.
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I never invest in anything that I don't understand.
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If horses had controlled investment decisions, there would have been no auto industry.
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I insist on a lot of time being spent, almost every day, to just sit and think. That is very uncommon in American business. I read and think. So I do more reading and thinking, and make less impulse decisions than most people in business. I do it because I like this kind of life.
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I don't think you can have a better secretary of the Treasury than Hank Paulson.
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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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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.
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If you cannot control your emotions, you cannot control your money.
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With each investment you make, you should have the courage and the conviction to place at least ten per cent of your net worth in that stock
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The dumbest reason in the world to buy a stock is because it's going up.
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I find that the standard of living does not go up in proportion with the cost of living. The trick in life is to do things that are fun all the time.
Warren Buffett
I have pledged - to you, the rating agencies and myself - to always run Berkshire with more than ample cash. We never want to count on the kindness of strangers in order to meet tomorrow's obligations. When forced to choose, I will not trade even a night's sleep for the chance of extra profits.
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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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