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To win, the first thing you have to do is not lose.

Warren Buffett

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Warren Buffett
Age: 94
Born: 1930
Born: August 30
Entrepreneur
Financier
Investor
Shareholder
Omaha
Nebraska
Warren Edward Buffett
Winning
Firsts
First
Thing
Lose
Loses

More quotes by Warren Buffett

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When you listen to tax-cut rhetoric, remember that giving one class of taxpayer a break requires - now or down the line - that an equivalent burden be imposed on other parties. In other words, if I get a break, someone else pays. Government can't deliver a free lunch to the country as a whole. It can however, determine who pays for lunch.
Warren Buffett
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I read annual reports of the company I'm looking at and I read the annual reports of the competitors - that is the main source of material.
Warren Buffett
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Consciously paying more for a stock than its calculated value - in the hope that it can soon be sold for a still-higher price - should be labelled speculation
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The greatest Enemies of the Equity investor are Expenses and Emotions.
Warren Buffett
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Fund consultants like to require style boxes such as long-short, macro, international equities. At Berkshire our only style box is smart.
Warren Buffett
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The extraordinary business does not require good management.
Warren Buffett
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What's nice about investing is you don't have to swing at every pitch.
Warren Buffett
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The rich are always going to say that, you know, just give us more money and we'll go out and spend more and then it will all trickle down to the rest of you. But that has not worked the last 10 years, and I hope the American public is catching on.
Warren Buffett
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A diamond cannot be polished without friction, nor a person perfected without trials. Someone is enjoying shade today because someone planted a tree a long time ago.
Warren Buffett
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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.
Warren Buffett
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Chains of habit are too light to be felt until they are too heavy to be broken.
Warren Buffett
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In the end we must have people to match our principles, not the reverse.
Warren Buffett
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Games are won by players who focus on the playing field -- not by those whose eyes are glued to the scoreboard.
Warren Buffett
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One’s objective should be to get it right, get it quick, get it out and get it over. Your problem won’t improve with age.
Warren Buffett
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In our view, derivatives are financial weapons of mass destruction carrying dangers that, while latent, are potentially lethal.
Warren Buffett
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I'll tell you why I like the cigarette business. It cost a penny to make. Sell it for a dollar. It's addictive. And there's a fantastic brand loyalty.
Warren Buffett
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I’ve worked in an economy that rewards someone who saves the lives of others on a battlefield with a medal, rewards a great teacher with thank-you notes from parents, but rewards those who can detect the mispricing of securities with sums reaching into the billions.
Warren Buffett
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We can afford to lose money - even a lot of money. But we can't afford to lose reputation - even a shred of reputation.
Warren Buffett
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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.
Warren Buffett
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My father was the best person i've ever known.
Warren Buffett