Warren Buffett, “the Oracle of Omaha” is one of the most successful investors in history.

These Warren Buffett quotes show the wisdom of his investing philosophy for money, investing, and life. Warren Buffett’s investing principles apply to your life. They teach you to be patient, do your research, and wait for the right opportunity.

Warren Buffett encourages you to go after what you want out of life, not what is necessarily popular.

Warren Buffett encourages you to go after what you want out of life, not what is necessarily popular.Click to Tweet

A rolling snow ball, headline "175 Warren Buffett Quotes For Investing in a Rich Life" agelessinvesting.com

Table of Contents

 

 

Famous Warren Buffett Quotes About Life

“You only have to do a very few things right in your life so long as you don’t do too many things wrong.”

∼Warren Buffett

 

“Should you find yourself in a chronically leaking boat, energy devoted to changing vessels is likely to be a more productive than energy devoted to patching leaks.”

∼Warren Buffett

 

“Chains of habit are too light to be felt until they are too heavy to be broken.”

∼Warren Buffett

 

“There seems to be some perverse human characteristic that likes to make easy things difficult.”

∼Warren Buffett

 

“Someone is sitting in the shade today because someone planted a tree a long time ago.”

∼Warren Buffett

A tree shading a beach from the sun, headline quote "Someone is sitting in the shade today because someone planted a tree a long time ago."-Warren Buffett

“Volatility is not the same thing as risk, and anyone who thinks it is will cost themselves money.”

∼Warren Buffett

 

“Look at market fluctuations as your friend rather than your enemy; profit from folly rather than participate in it.“

∼Warren Buffett

 

“The fact that people will be full of greed, fear, or folly is predictable. The sequence is not predictable.“

∼Warren Buffett

 

“Predicting rain doesn’t count. Building arks does.”

∼Warren Buffett

 

“People will always try to stop you from doing the right thing if it is unconventional.”

∼Warren Buffett

 

“Only when the tide goes out do you discover who’s been swimming naked.” ∼Warren Buffett

 

“People who know the edge of their competency are safe, and those who don’t, aren’t.”

∼Warren Buffett

 

“People always ask me where they should go to work, and I always tell them to go to work for whom they admire the most.”

∼Warren Buffett

 

“Never give up searching for the job that you are passionate about”

∼Warren Buffett

 

“…Not doing what we love in the name of greed is very poor management of our lives.”

∼Warren Buffett

 

“You know, people talk about this being an uncertain time. You know, all time is uncertain. I mean, it was uncertain back in – in 2007, we just didn’t know it was uncertain. It was – uncertain on September 10th, 2001. It was uncertain on October 18th, 1987, you just didn’t know it.”

∼Warren Buffett

 

“What the wise do in the beginning, fools do in the end.” ∼Warren Buffett

 

“Honesty is a very expensive gift, Don’t expect it from cheap people.”

∼Warren Buffett

 

“Tell me who your heroes are and I’ll tell you how you’ll turn out to be.” ∼Warren Buffett

 

“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.”

∼Warren Buffett

 

“I had a great teacher in life in my father. But I had another great teacher in terms of profession in terms of Ben Graham. I was lucky enough to get the right foundation very early on. And then basically I didn’t listen to anybody else. I just look in the mirror every morning and the mirror always agrees with me. And I go out and do what I believe I should be doing. And I’m not influenced by what other people think.”

∼Warren Buffett

 

“There comes a time when you ought to start doing what you want. Take a job that you love. You will jump out of bed in the morning. I think you are out of your mind if you keep taking jobs that you don’t like because you think it will look good on your resume. Isn’t that a little like saving up sex for your old age?”

∼Warren Buffett

 

“You ought to be able to explain why you’re taking the job you’re taking, why you’re making the investment you’re making, or whatever it may be. And if it can’t stand applying pencil to paper, you’d better think it through some more. And if you can’t write an intelligent answer to those questions, don’t do it.“

∼Warren Buffett

 

“You do things when the opportunities come along. I’ve had periods in my life when I’ve had a bundle of ideas come along, and I’ve had long dry spells. If I get an idea next week, I’ll do something. If not, I won’t do a damn thing.”

∼Warren Buffett

 

“Life is like a snowball. The important thing is finding wet snow and a really long hill. ”

∼Warren Buffett

 

“You’ve gotta keep control of your time, and you can’t unless you say no. You can’t let people set your agenda in life.”

∼Warren Buffett

 

“Risk comes from not knowing what you’re doing.” ∼Warren Buffett

 

“Keep all your eggs in one basket, but watch that basket closely.” ∼Warren Buffett

 

“I’m not interested in cars and my goal is not to make people envious. Don’t confuse the cost of living with the standard of living.”

∼Warren Buffett

 

“I really like my life. I’ve arranged my life so that I can do what I want.”

∼Warren Buffett

 

“If you buy things you do not need, soon you will have to sell things you need.” ∼Warren Buffett

 

“When forced to choose, I will not trade even a night’s sleep for the chance of extra profits.”

∼Warren Buffett

 

“Imagine that you had a car and that was the only car you’d have for your entire lifetime. Of course, you’d care for it well, changing the oil more frequently than necessary, driving carefully, etc. Now, consider that you only have one mind and one body. Prepare them for life, care for them. You can enhance your mind over time. A person’s main asset is themselves, so preserve and enhance yourself.”

∼Warren Buffett

 

“The most important investment you can make is in yourself.” ∼Warren Buffett

 

 

Warren Buffett Quotes On Investing

“An investor should act as though he had a lifetime decision card with just twenty punches on it.”

∼Warren Buffett

 

“It’s far better to buy a wonderful company at a fair price than a fair company at a wonderful price.”

∼Warren Buffett

 

“All there is to investing is picking good stocks at good times and staying with them as long as they remain good companies.”

∼Warren Buffett

 

“The investor of today does not profit from yesterday’s growth.“

∼Warren Buffett

 

“The Stock Market is designed to transfer money from the Active to the Patient.”

∼Warren Buffett

 

“The most important quality for an investor is temperament, not intellect. You need a temperament that neither derives great pleasure from being with the crowd or against the crowd.”

∼Warren Buffett

 

“Long ago, Ben Graham taught me that ‘Price is what you pay; value is what you get.’ Whether we’re talking about socks or stocks, I like buying quality merchandise when it is marked down.”

∼Warren Buffett

 

“If a business does well, the stock eventually follows.” ∼Warren Buffett
“The critical investment factor is determining the intrinsic value of a business and paying a fair or bargain price.”

∼Warren Buffett

 

“Valuing a business is part art and part science.“ ∼Warren Buffett

 

“Cash combined with courage in a time of crisis is priceless.” ∼Warren Buffett

 

“A climate of fear is your friend when investing; a euphoric world is your enemy.”

∼Warren Buffett

 

“Investing is laying out money now to get more money back in the future.” ∼Warren Buffett

 

“The stock market is a no-called-strike game. You don’t have to swing at everything – you can wait for your pitch.”

∼Warren Buffett

 

“I try to buy stock in businesses that are so wonderful that an idiot can run them because sooner or later, one will.”

∼Warren Buffett

 

“Buy a business, don’t rent stocks.” ∼Warren Buffett

 

“Never count on making a good sale. Have the purchase price be so attractive that even a mediocre sale gives good results.”

∼Warren Buffett

 

“For some reason, people take their cues from price action rather than from values. What doesn’t work is when you start doing things that you don’t understand or because they worked last week for somebody else. The dumbest reason in the world to buy a stock is because it’s going up.”

∼Warren Buffett

 

“Only those who will be sellers of equities in the near future should be happy at seeing stocks rise.  Prospective purchasers should much prefer sinking prices.”

∼Warren Buffett

 

“We don’t get paid for activity, just for being right. As to how long we will wait, we’ll wait indefinitely.”

∼Warren Buffett

 

“A hyperactive stock market is the pickpocket of enterprise.“

∼Warren Buffett

 

“In the short term, the market is a popularity contest. In the long term, the market is a weighing machine.”

∼Warren Buffett

 

“Buy companies with strong histories of profitability and with a dominant business franchise.”

∼Warren Buffett

 

“Opportunities come infrequently. When it rains gold, put out the bucket, not the thimble”

∼Warren Buffett

 

“By periodically investing in an index fund, the know-nothing investors can actually outperform most investment professionals.”

∼Warren Buffett

 

“There is nothing wrong with a ‘know nothing’ investor who realizes it. The problem is when you are a ‘know nothing’ investor but you think you know something.”

∼Warren Buffett

 

“You don’t need to be a rocket scientist. Investing is not a game where the guy with the 160 IQ beats the guy with 130 IQ.”

∼Warren Buffett

 

“Successful Investing takes time, discipline and patience. No matter how great the talent or effort, some things just take time: You can’t produce a baby in one month by getting nine women pregnant.”

∼Warren Buffett

 

“Diversification is a protection against ignorance. It makes very little sense for those who know what they’re doing.”

∼Warren Buffett

 

“Wide diversification is only required when investors do not understand what they are doing.”

∼Warren Buffett

 

“Diversification may preserve wealth, but concentration builds wealth.”

∼Warren Buffett

 

“If you aren’t willing to own a stock for ten years, don’t even think about owning it for ten minutes. Put together a portfolio of companies whose aggregate earnings march upward over the years, and so also will the portfolio’s market value.”

∼Warren Buffett

 

“You shouldn’t own common stocks if a 50% decrease in their value in a short period of time would cause you acute distress.”

∼Warren Buffett

 

“The key to investing is not assessing how much an industry is going to affect society, or how much it will grow, but rather determining the competitive advantage of any given company and, above all, the durability of that advantage.”

∼Warren Buffett

 

“We make no attempt to pick the few winners that will emerge from an ocean of unproven enterprises. We’re not smart enough to do that, and we know it. Instead, we try to apply Aesop’s 2,600-year-old equation to opportunities in which we have reasonable confidence as to how many birds are in the bush and when they will emerge.”

∼Warren Buffett

 

“Stop trying to predict the direction of the stock market, the economy, interest rates, or elections.”

∼Warren Buffett

 

“With enough insider information and a million dollars, you can go broke in a year.“

∼Warren Buffett

 

“Our approach is very much profiting from lack of change rather than from change. With Wrigley chewing gum, it’s the lack of change that appeals to me.”

∼Warren Buffett

 

“I never buy anything unless I can fill out on a piece of paper my reasons. I may be wrong, but I would know the answer to that …I’m paying $32 billion today for the Coca Cola Company because… If you can’t answer that question, you shouldn’t buy it. If you can answer that question, and you do it a few times, you’ll make a lot of money.“

∼Warren Buffett

 

“Loss of focus is what most worries Charlie and me when we contemplate investing in businesses that in general look outstanding. All too often, we’ve seen value stagnate in the presence of hubris or of boredom that caused the attention of managers to wander.”

∼Warren Buffett

 

“The best business returns are usually achieved by companies that are doing something quite similar today to what they were doing five or ten years ago.”

∼Warren Buffett

 

“I am a better investor because I am a businessman, and a better businessman because I am an investor.”

∼Warren Buffett

 

“Sound investing can make you very wealthy if you’re not in too big a hurry.” ∼Warren Buffett

 

“We like to buy businesses, but we don’t like to sell them.“ ∼Warren Buffett

 

“Stocks of companies selling commodity-like products should come with a warning label: ‘Competition may prove hazardous to human wealth.’”

∼Warren Buffett

 

“An investor should ordinarily hold a small piece of an outstanding business with the same tenacity that an owner would exhibit if he owned all of that business.”

∼Warren Buffett

 

“A horse that can count to ten is a remarkable horse—not a remarkable mathematician.”

∼Warren Buffett

 

“I never attempt to make money on the stock market. I buy on the assumption that they could close the market the next day and not reopen it for five years.”

∼Warren Buffett

 

“What an investor needs is the ability to correctly evaluate selected businesses. Note that word “selected”: you don’t have to be an expert on every company, or even many. You only have to be able to evaluate companies within your circle of competence. The size of that circle is not very important; knowing its boundaries, however, is vital.”

∼Warren Buffett

 

“We believe that a policy of portfolio concentration may well decrease risk if it raises, as it should, both the intensity with which an investor thinks about a business and the comfort-level he must feel with its economic characteristics before buying into it. In stating this opinion, we define risk, using dictionary terms, as “the possibility of loss or injury.”

∼Warren Buffett

 

“Risk can be greatly reduced by concentrating on only a few holdings.” ∼Warren Buffett

 

“Buy a stock the way you would buy a house. Understand and like it such that you’d be content to own it in the absence of any market.”

∼Warren Buffett

 

“Be Fearful When Others Are Greedy and Greedy When Others Are Fearful.” ∼Warren Buffett

 

“We will have another bubble, but usually you don’t get it the same way you got it before.”

∼Warren Buffett

 

“But a pin lies in wait for every bubble. And when the two eventually meet, a new wave of investors learns some very old lessons: First, many in Wall Street — a community in which quality control is not prized — will sell investors anything they will buy. Second, speculation is most dangerous when it looks easiest.”

∼Warren Buffett

 

“You do not adequately protect yourself by being half awake when other are sleeping.“

∼Warren Buffett

 

“You’re dealing with a lot of silly people in the marketplace; it’s like a great big casino and everyone else is boozing. If you can stick with Pepsi, you should be O.K.”

∼Warren Buffett

 

“In some corner of the world they are probably still holding regular meetings of the Flat Earth Society. We derive no comfort because important people, vocal people, or great numbers of people agree with us. Nor do we derive comfort if they don’t.”

∼Warren Buffett

 

“When you combine ignorance and leverage, you get some pretty interesting results.”

∼Warren Buffett

 

“I do not like debt and do not like to invest in companies that have too much debt, particularly long-term debt. With long-term debt, increases in interest rates can drastically affect company profits and make future cash flows less predictable.“

∼Warren Buffett

 

“It’s not debt per say that overwhelms an individual corporation or country. Rather it is a continuous increase in debt in relation to income that causes trouble.“

∼Warren Buffett

 

“We will reject interesting opportunities rather than over-leverage our balance sheet.“

∼Warren Buffett

 

“When we own portions of outstanding businesses with outstanding managements, our favorite holding period is forever.”

∼Warren Buffett

 

“For the investor, a too-high purchase price for the stock of an excellent company can undo the effects of a subsequent decade of favorable business developments.”

∼Warren Buffett

 

“Time is the friend of the wonderful company, the enemy of the mediocre.” ∼Warren Buffett

 

“Turnarounds seldom turn.“ ∼Warren Buffett

 

“We’ve long felt that the only value of stock forecasters is to make fortune tellers look good. Even now, Charlie and I continue to believe that short-term market forecasts are poison and should be kept locked up in a safe place, away from children and also from grown-ups who behave in the market like children.”

∼Warren Buffett

 

“Forecasts may tell you a great deal about the forecaster; they tell you nothing about the future.”

∼Warren Buffett

 

“Investors should be skeptical of history-based models. Constructed by a nerdy-sounding priesthood using esoteric terms such as beta, gamma, sigma and the like, these models tend to look impressive. Too often, though, investors forget to examine the assumptions behind the models. Beware of geeks bearing formulas.”

∼Warren Buffett

 

“Read Ben Graham and Phil Fisher read annual reports, but don’t do equations with Greek letters in them.“

∼Warren Buffett

 

“You need to divorce your mind from the crowd. The herd mentality causes all these IQ’s to become paralyzed. I don’t think investors are now acting more intelligently, despite the intelligence. Smart doesn’t always equal rational. To be a successful investor you must divorce yourself from the fears and greed of the people around you, although it is almost impossible.”

∼Warren Buffett

 

“You’re neither right nor wrong because other people agree with you. You’re right because your facts are right and your reasoning is right – that’s the only thing that makes you right. And if your facts and reasoning are right, you don’t have to worry about anybody else.”

∼Warren Buffett

 

“In a bull market, one must avoid the error of the preening duck that quacks boastfully after a torrential rainstorm, thinking that its paddling skills have caused it to rise in the world. A right-thinking duck would instead compare its position after the downpour to that of the other ducks on the pond.”

∼Warren Buffett

 

“Anything can happen in stock markets and you ought to conduct your affairs so that if the most extraordinary events happen, that you’re still around to play the next day.“

∼Warren Buffett

 

“Failing conventionally is the route to go; as a group, lemmings may have a rotten image, but no individual lemming has ever received bad press”

∼Warren Buffett

 

“In the 54 years (Charlie Munger and I) have worked together, we have never forgone an attractive purchase because of the macro or political environment, or the views of other people. In fact, these subjects never come up when we make decisions.”

∼Warren Buffett

 

“Over the long term, the stock market news will be good. In the 20th century, the United States endured two world wars and other traumatic and expensive military conflicts; the Depression; a dozen or so recessions and financial panics; oil shocks; a fly epidemic; and the resignation of a disgraced president. Yet the Dow rose from 66 to 11,497.”

∼Warren Buffett

 

“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.”

∼Warren Buffett

 

“The best thing that happens to us is when a great company gets into temporary trouble…We want to buy them when they’re on the operating table.”

∼Warren Buffett

 

“Charlie and I would follow a buy-and-hold policy even if we ran a tax-exempt institution.”

∼Warren Buffett

 

“Calling someone who trades actively in the market an investor is like calling someone who repeatedly engages in one-night stands a romantic.”

∼Warren Buffett

 

“I call investing the greatest business in the world … because you never have to swing. You stand at the plate, the pitcher throws you General Motors at 47! U.S. Steel at 39! and nobody calls a strike on you. There’s no penalty except opportunity lost. All day you wait for the pitch you like; then when the fielders are asleep, you step up and hit it.”

∼Warren Buffett

 

“A great investment opportunity occurs when a marvelous business encounters a one-time huge, but solvable problem.“

∼Warren Buffett

 

“The best thing is to learn from other guy’s mistakes. [General George S.] Patton used to say, “It’s an honor to die for your country; make sure the other guy gets the honor.” There are a lot of mistakes that I’ve repeated. The biggest one, the biggest category over time, is being reluctant to pay up a little for a business that I knew was really outstanding.”

∼Warren Buffett

 

“So smile when you read a headline that says ‘Investors lose as market falls.’ Edit it in your mind to ‘Disinvestors lose as market falls—but investors gain.’ Though writers often forget this truism, there is a buyer for every seller and what hurts one necessarily helps the other.”

∼Warren Buffett

 

“The most common cause of low prices is pessimism—some times pervasive, some times specific to a company or industry. We want to do business in such an environment, not because we like pessimism but because we like the prices it produces. It’s optimism that is the enemy of the rational buyer.”

∼Warren Buffett

 

“By the age of 10, I’d read every book in the Omaha public library about investing, some twice. You need to fill your mind with various competing thoughts and decide which make sense. Then you have to jump in the water – take a small amount of money and do it yourself. Investing on paper is like reading a romance novel vs. doing something else. You’ll soon find out whether you like it. The earlier you start, the better.”

∼Warren Buffett

 

“We select such investments on a long-term basis, weighing the same factors as would be involved in the purchase of 100% of an operating business:

(1) favorable long-term economic characteristics;
(2) competent and honest management;
(3) purchase price attractive when measured against the yardstick of value to a private owner; and
(4) an industry with which we are familiar and whose long-term business characteristics we feel competent to judge.”

∼Warren Buffett

Warren Buffett Quotes On Money

“Do not save what is left after spending; instead spend what is left after saving.”

∼Warren Buffett

 

“Money is not everything. Make sure you earn a lot before speaking such nonsense.”

∼Warren Buffett

 

“Cash never makes us happy, but it’s better to have the money burning a hole in Berkshire’s pocket than resting comfortably in someone else’s.”

∼Warren Buffett

 

“I will tell you how to become rich. Close the doors. Be fearful when others are greedy. Be greedy when others are fearful.”

∼Warren Buffett

 

“I’ve seen more people fail because of liquor and leverage — leverage being borrowed money. You really don’t need leverage in this world much. If you’re smart, you’re going to make a lot of money without borrowing.”

∼Warren Buffett

 

“Wall Street is the only place that people ride to in a Rolls Royce to get advice from those who take the subway.”

∼Warren Buffett

 

“The most important thing to do when you find yourself in a hole is to stop digging.”

∼Warren Buffett

 

“Rule No. 1: Never lose money. Rule No. 2: Never forget Rule No. 1.” ∼Warren Buffett

 

“If past history was all that is needed to play the game of money, the richest people would be librarians.”

∼Warren Buffett

 

“Nothing sedates rationality like large doses of effortless money.”

∼Warren Buffett

 

“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

 

“I would say the most satisfying thing actually is watching my three children each pick up on their own interests and work many more hours per week than most people that have jobs at trying to intelligently give away that money in fields that they particularly care about.”

∼Warren Buffett

 

“If you’re in the luckiest one per cent of humanity, you owe it to the rest of humanity to think about the other 99 per cent.”

∼Warren Buffett

 

“There’s class warfare, all right, but it’s my class, the rich class, that’s making war, and we’re winning.”

∼Warren Buffett

 

“I believe in giving my kids enough so they can do anything, but not so much that they can do nothing.”

∼Warren Buffett

 

“I always knew I was going to be rich. I don’t think I ever doubted it for a minute.”

∼Warren Buffett

 

“If you’ve been playing poker for half an hour and you still don’t know who the patsy is, you’re the patsy.”

∼Warren Buffett

 

“I could end the deficit in five minutes. You just pass a law that says that anytime there is a deficit of more than 3% of GDP, all sitting members of Congress are ineligible for re-election.”

∼Warren Buffett

 

“If you cannot control your emotions, you cannot control your money.” ∼Warren Buffett

 

“Never ask a barber if you need a haircut.” ∼Warren Buffett

 

“I don’t have a problem with guilt about money. The way I see it is that my money represents an enormous number of claim checks on society. It’s like I have these little pieces of paper that I can turn into consumption. If I wanted to, I could hire 10,000 people to do nothing but paint my picture every day for the rest of my life. And the GDP would go up. But the utility of the product would be zilch, and I would be keeping those 10,000 people from doing AIDS research, or teaching, or nursing. I don’t do that though. I don’t use very many of those claim checks. There’s nothing material I want very much. And I’m going to give virtually all of those claim checks to charity when my wife and I die.”

∼Warren Buffett

How responsibly you spend or invest your money controls your freedom. Investing is mostly waiting for the best opportunities, A few great investments can build great wealth if you have the patience to wait for them.

Warren Buffett Quotes On Business and Success

“It is not necessary to do extraordinary things to get extraordinary results.”

∼Warren Buffett

 

“Intensity is the price of excellence.” ∼Warren Buffett

 

“We don’t have to be smarter than the rest; we have to be more disciplined than the rest.”

∼Warren Buffett

 

“Games are won by players who focus on the playing field –- not by those whose eyes are glued to the scoreboard.”

∼Warren Buffett

 

“The business schools reward complex behavior more than simple behavior, but simple behavior is more effective.“

∼Warren Buffett

 

“Culture, more than rule books, determines how an organization behaves.”

∼Warren Buffett

 

“It’s better to hang out with people better than you. Pick out associates whose behavior is better than yours and you’ll drift in that direction.”

∼Warren Buffett

 

“The difference between successful people and really successful people is that really successful people say no to almost everything.”

∼Warren Buffett

An abstract image of vertical green and pink lines, "The difference between successful people and really successful people is that really successful people say no to almost everything." -Warren Buffett

“You won’t keep control of your time, unless you can say ‘no.’ You can’t let other people set your agenda in life.”

∼Warren Buffett

 

“I don’t look to jump over seven-foot bars; I look around for one-foot bars that I can step over.”

∼Warren Buffett

 

“In the business world, the rearview mirror is always clearer than the windshield.”

∼Warren Buffett

 

“What we learn from history is that people don’t learn from history.”

∼Warren Buffett

 

“Writing a check separates a commitment from a conversation.” ∼Warren Buffett

 

“We will only do with your money what we would do with our own.”

∼Warren Buffett

 

“If your employees, including your CEO, wish to give to their alma maters or other institutions to which they feel a personal attachment, we believe they should use their own money, not yours.”

∼Warren Buffett

 

“Do a lot of reading.” ∼Warren Buffett

A girl reading a book outside, headline quote "Do a lot of reading." -Warren Buffett

 

“I won’t close down a business of subnormal profitability merely to add a fraction of a point to our corporate returns. I also feel it inappropriate for even an exceptionally profitable company to fund an operation once it appears to have unending losses in prospect. Adam Smith would disagree with my first proposition and Karl Marx would disagree with my second; the middle ground is the only position that leaves me comfortable.”

∼Warren Buffett

 

“Talking to Time Magazine a few years back, Peter Drucker got to the heart of things: ‘I will tell you a secret: Dealmaking beats working. Dealmaking is exciting and fun, and working is grubby. Running anything is primarily an enormous amount of grubby detail work . . . dealmaking is romantic, sexy. That’s why you have deals that make no sense.’”

∼Warren Buffett

 

“In the long run managements stressing accounting appearance over economic substance usually achieve little of either.”

∼Warren Buffett

 

“Rationality frequently wilts when the institutional imperative comes into play. For example:(1) As if governed by Newton’s First Law of Motion, an institution will resist any change in its current direction;(2) Just as work expands to fill available time, corporate projects or acquisitions will materialize to soak up available funds;(3) Any business craving of the leader, however foolish, will be quickly supported by detailed rate-of-return and strategic studies prepared by his troops; and
(4) The behavior of peer companies, whether they are expanding, acquiring, setting executive compensation or whatever, will be mindlessly imitated.”

∼Warren Buffett

 

“Having first-rate people on the team is more important than designing hierarchies and clarifying who reports to whom.”

∼Warren Buffett

 

“If each of us hires people who are smaller than we are, we shall become a company of dwarfs. But, if each of us hires people who are bigger than we are, we shall become a company of giants.”

∼Warren Buffett

 

“Somebody once said that in looking for people to hire, you look for three qualities: integrity, intelligence, and energy. And if you don’t have the first, the other two will kill you. You think about it; it’s true. If you hire somebody without [integrity], you really want them to be dumb and lazy.”

∼Warren Buffett

 

“I learned to go into business only with people whom I like, trust, and admire.” ∼Warren Buffett

 

“In the world of business, the people who are most successful are those who are doing what they love.”

∼Warren Buffett

Warren Buffett Quotes On Love

“When you get to my age, you’ll really measure your success in life by how many of the people you want to have love you actually do love you…If you get to my age in life and nobody thinks well of you, I don’t care how big your bank account is, your life is a disaster. That’s the ultimate test of how you have lived your life.”

∼Warren Buffett

 

“The only way to get love is to be lovable. It’s very irritating if you have a lot of money. You’d like to think you could write a check: ‘I’ll buy a million dollars’ worth of love.’ But it doesn’t work that way. The more you give love away, the more you get.”

∼Warren Buffett

 

“Money to some extent sometimes let you be in more interesting environments. But it can’t change how many people love you or how healthy you are.“

∼Warren Buffett

 

Warren Buffett believes that the best investment is in yourself and in your relationships. The things that money can’t buy should be the focus of your life.

Warren Buffett Quotes On Reputation

“It takes 20 years to build a reputation and five minutes to ruin it. If you think about that, you’ll do things differently.”

∼Warren Buffett

 

“When a management with a reputation for brilliance tackles a business with a reputation for bad economics, it is the reputation of the business that remains intact.”

∼Warren Buffett

 

What are your favorite quotes from Warren Buffett?

Follow me on Pinterest for more memorable quotes and images.

Start Investing For Free

Robinhood allows you to buy stocks without paying commission. At no extra cost to you, If you join Robinhood through my link, we will both get a free stock! Click here to Sign Up for a free stock., or to learn more.

(Read my full affiliate disclosure here)

 

Don’t Miss these quotes

200 Inspirational Motivational Quotes For Work, Students, and Life

47 The Alchemist Quotes With Page Numbers

250 Encouraging Quotes About Life For Hard Times

150 Quotes About Contentment

How to Make a Habit of Saving Money

shares
%d bloggers like this: