I leave you the best Warren Buffett quotes (born 1930), one of the best investors in history, and the largest shareholder and CEO of the Berkshire Hathaway conglomerate of companies.
As a child, he sold Washington Post newspapers and even outsourced children. He also bought packages of Coca Cola bottles and sold them individually. By the time I was a teenager I already made twice as much money as the average American family. At the age of 20 he had about $ 10,000 at the time, $ 100,000 today with inflation.
Starting in 1960, he built a company that allowed him to collect an annual fee from investors who participated in it. The model was therefore based on a scalable business that generated a profit from the funds of others..
In 1969, the Buffet Association had more than $ 100 million in assets, increasing its personal assets by $ 25 million. Since then, he has continued to build his fortune by owning large profit-making private companies and entering the insurance business..
He currently owns the Berkshire Hathaway company, where he owns a third of the shares. However, he is selling part of them to donate his earnings to charity..
You may also be interested in these quotes from entrepreneurs or these about success.
-The risk comes from not knowing what you are doing.
-Only buy things that you would be happy with if the market closed for 10 years.
-Risk is part of God's game, the same for men and nations.
-Only when the tide goes out do you find out who's been swimming naked.
-We should try to be fearful when others are greedy and to be greedy when others are fearful..
-The difference between successful people and people who are really successful is that really successful people say no to almost everything..
-The best thing I ever did was pick the right heroes.
-You only have to do very few things right in life, as long as you don't do too many things wrong..
-If a business does well, eventually capital will follow in its footsteps.
-Honesty is a very expensive gift, don't expect it from miserable people.
-Never ask a barber if a haircut would suit you.
-What you do now is what tells how your body and mind will function in ten, twenty, thirty and forty years..
-There comes a time when you have to start doing what you really want. Find a job you like and you'll jump out of bed every morning hard.
-Life is like a snowball. The important thing is to find wet snow and a really long hill.
-Someone is sitting in the shade today because someone else planted a tree long ago.
-The price is what you pay. Value is what you get.
-Opportunities come infrequently. When it rains gold, take out the bucket, not the thimble.
-In the business world, the rear view mirror is always clearer than the windshield.
-Predicting rain doesn't count. Build coffers yeah.
-Diversification is a protection against ignorance. It makes little sense if you know what you are doing.
-You must be in control of your time, and you cannot have it unless you say "no" often. You can't let people take control of your life schedule.
-Rule # 1: Never lose money. Rule # 2: never forget rule # 1.
-The most important thing to do if you are in a hole is to stop digging..
-Time is the friend of excellent company and the enemy of mediocre.
-Of the billionaires I have met, money only highlights their basic features. If they were idiots before they had money, they are only idiots with a trillion dollars.
-I always knew I was going to be rich. I don't think I doubted it for a minute.
-It is always better to spend time with people better than you. Choose associates whose behavior is better than yours and you will go in that direction.
-It takes 20 years to build a reputation and 5 minutes to ruin it. If you think about it, you will do things differently.
-We always live in an uncertain world. The certain thing is that the United States will go ahead with time.
-The chains of habit are too light to be felt, until they are too heavy to be broken.
-Be afraid when others are greedy and be greedy when others are afraid.
-There is nothing wrong with an investor who knows nothing and realizes it. The problem is in an investor who knows nothing but thinks he knows something.
-You don't need to do extraordinary things to have extraordinary results.
-Calling someone who actively trades in the market "investor" is like calling someone who has repeated love affairs a "romantic" night..
-Americans are in a cycle of fear that leads people to not want to spend and not to want to invest, and that leads to more fear. Let out. It takes time.
-Look at the market fluctuations as your friend instead of your enemy; benefit from the madness instead of participating in it.
-Today's investor is not profiting from yesterday's growth.
-When you are my age, you will measure your success in life where many of the people you love actually love you.
-I think the single most important factor in coming out of the recession today is solely the regenerative capacity of American capital..
-A public opinion poll is not a substitute for thinking.
-If you reach my age and no one thinks well of you, I don't care how big your bank account is, your life is a mess.
-The big question about how people behave is whether they have an internal scorecard or an external one. It helps if you feel satisfied with an internal scorecard.
-We enjoy the process much more than the profits.
-Today, people save enough money to feel comfortable. You should not. They have opted for a terrible long-term asset, one that pays virtually nothing and is sure to lose its value..
-If you find yourself in a boat with chronic leaks, the energy spent switching boats will be more productive than the energy spent 'patching up the leaks..
-Why not invest your assets in companies that you really like? As Mae West said, "Too much of a good thing can be wonderful".
-If you are not willing to keep your stock for the next ten years, then don't consider buying it even for the next ten minutes..
-Charlie and I would follow a buy and hold policy even if we ran a tax-exempt institution.
-An investor must act as if they have a decision card for life with only twenty uses on it..
-You only have to do very few things well in your life, as long as you don't do too many things wrong..
-Someone once said that when looking for people to hire, you should look for three qualities: integrity, intelligence, and energy. If the person you hire doesn't have the first quality, the other two will kill you. If you think about it, it makes sense. If you hire someone without integrity, you really must want them to be dumb and lazy..
-When you mix ignorance with debt, the results obtained are very interesting.
-If you are one of the luckiest one percent, you owe something to the ninety-nine percent who are not..
-Every saint has a past and every sinner has a future.
-Inactivity that borders on laziness continues to be the cornerstone of our investing style..
-If you keep doing things the same way, your results will be the same over and over again..
-It is true that there is class struggle, and it is mine, that of the rich, that is winning.
-What wise people do in the beginning is what fools do in the end.
-It seems that there is an evil human characteristic for which he likes to make things easy..
-People ask me where should I work? And I tell them they should work with those they admire the most.
-I know that when I am sixty years old, I will try to achieve personal goals that are different from the goals I had in my 20s..
-If you've been playing poker for half an hour and you don't know who the fool at the table is, the fool is you.
-Having money is fine, but I don't want to keep it forever. I just prefer to buy things.
-When I was 16, only two things were going through my head: girls and cars. He wasn't very good at the girl thing, so he thought about cars.
-Your mind and body have to last you for the rest of your life. At this time it is easy to let them go free and neglect them, but if you do not take care of them, for the last 40 years of your life they will become scrap.
-Wall Street is the only place people go in a Rolls-Royce to get advice from those who take the subway.
-Long ago, Ben Graham taught me that "price is what you pay, value is what you get." Whether we're talking about stockings or stocks, I like to buy quality merchandise when it's on sale..
-Keep all your eggs in one basket, but watch that basket up close.
-I am a better investor because I am a businessman, and I am a better businessman because I am an investor..
-We dig in Africa or anywhere else for gold. After that we melt it down, put it in another hole and practically bury it again putting people around it to watch it. It has no use.
-Managers and investors must understand that accounting numbers are the beginning, not the end.
-I would never spend much time valuing companies in decline.
-Interest rates are for asset prices what gravity is for apples. When there are low interest rates, there is a very low gravitational pull on asset prices.
-There is no perfect mathematical formula to value a business.
-Actions will develop well over time; we simply should avoid getting excited when other people get excited.
-When people fear, they fear en masse. Confidence returns little by little. When they get greedy, they get greedy en masse.
-I think it's crazy if you take jobs that you don't like simply because they look good on your resume..
-Forecasts can tell you a lot about the one who is forecasting, but they don't tell you anything about the future..
-The line between investing and speculation, which is never bright and clear, becomes even more blurred when most market participants have recently enjoyed triumphs..
-Investing in gold is like investing in fear and it has been a great investment with the fears that we have suffered from time to time.
-If knowing history were necessary to earn money, the richest people in the world would be librarians.
-I insist on spending a lot of time, almost every day, sitting and thinking. That is very rare in American business. I read and think. So I generally read and think more, and make fewer impulsive decisions than most people in business..
-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 the 130 IQ.
-The key to investing is not evaluating how much the industry is going to affect society, or how much it will grow, but to determine the competitive advantage of a given company and, above all, the durability of that advantage.
-Most people are interested in stocks when everyone else is. The time to be interested is when no one else is. You can't buy what's popular and get it right.
-The best thing that happens to us is when a large company gets into temporary trouble. We want to buy them when they are on the operating table.
-The most common cause of low prices is pessimism, sometimes pervasive, sometimes 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. Optimism is the enemy of the rational buyer.
-What an investor needs is the ability to correctly evaluate selected businesses. Note the word "selected": you do not have to be an expert in every company, nor in many. You just have to be able to evaluate the companies within your circle of competence. The size of that circle is not very important; Knowing your limits, however, is vital.
-Investing success takes time, discipline, and patience. No matter how great the talent or effort, some things only take time: you cannot produce a baby in a month from leaving nine women pregnant..
-Do things when opportunities come. I had periods in my life where I had lots of ideas coming up, and I had long dry spells. If I have an idea next week, I'll do something. If not, I won't do anything.
-I bought a company in the mid-90s called Dexter Shoe and paid $ 400 million for it. And I was left with nothing. And I've spent about $ 400 million on Berkshire stock, which is now probably worth $ 400 billion. I've made a lot of dumb decisions. That's part of the game.
-The only way to get love is to be kind. It is very irritating if you have a lot of money. You'd like to think that you could write a check that says, "I'm going to buy a million dollars of love." But it doesn't work that way. The more you give away love, the more you get.
-Buy a stock the same way you would buy a house. Understand and appreciate it in such a way that you would be content with its property even in the absence of any market.
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