50 Warren Buffett Quotes That Will Inspire You

50 Warren Buffett Quotes That Will Inspire You

50 Warren Buffett Quotes That Will Inspire You

Warren Edward Buffett is an American investor, business tycoon, philanthropist, and the chairman and CEO of Berkshire Hathaway. He is considered one of the most successful investors in the world and has a net worth of over US$85.6 billion as of December 2020, making him the world's fourth-wealthiest person.

Here are the list of Warren Buffett quotes that will inspire you.

1. "Rule No. 1: Never lose money. Rule No. 2: Never forget Rule No. 1." – Warren Buffett

2. "A very rich person should leave his kids enough to do anything, but not enough to do nothing." – Warren Buffett

3. "It’s class warfare; my class is winning, but they shouldn’t be." – Warren Buffett

4. "If you’re in the luckiest 1% of humanity, you owe it to the rest of humanity to think about the other 99%." – Warren Buffett

5. "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

6. "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." – Warren Buffett

7. "The business schools reward difficult complex behavior more than simple behavior, but simple behavior is more effective." – Warren Buffett

8. "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

9. "Can you really explain to a fish what it’s like to walk on land? One day on land is worth a thousand years of talking about it, and one day running a business has exactly the same kind of value." – Warren Buffett

10. "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

11. "It’s far better to buy a wonderful company at a fair price than a fair company at a wonderful price." – Warren Buffett

12. "Only buy something that you’d be perfectly happy to hold if the market shut down for 10 years." – Warren Buffett

13. "We simply attempt to be fearful when others are greedy and to be greedy only when others are fearful." – Warren Buffett

14. "Risk is a part of God’s game, alike for men and nations." – Warren Buffett

15. "Should you find yourself in a chronically leaking boat, energy devoted to changing vessels is likely to be more productive than energy devoted to patching leaks." – Warren Buffett

16. "We believe that according the name 'investors' to institutions that trade actively is like calling someone who repeatedly engages in one-night stands a 'romantic.'" – Warren Buffett

17. "Chains of habit are too light to be felt until they are too heavy to be broken." – Warren Buffett

18. "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

19. "Let blockheads read what blockheads wrote." – Warren Buffett

20. "Our favorite holding period is forever." – Warren Buffett

21. "I don't look to jump over seven-foot bars; I look around for one-foot bars that I can step over." – Warren Buffett

22. "If a business does well, the stock eventually follows." – Warren Buffett

23. "Why not invest your assets in the companies you really like? As Mae West said, 'Too much of a good thing can be wonderful.'" – Warren Buffett

24. "Price is what you pay. Value is what you get." – Warren Buffett

25. "Wide diversification is only required when investors do not understand what they are doing." – Warren Buffett

26. "Time is the friend of the wonderful company, the enemy of the mediocre." – Warren Buffett

27. "Only when the tide goes out do you discover who's been swimming naked." – Warren Buffett

28. "In the business world, the rearview mirror is always clearer than the windshield." – Warren Buffett

29. "Risk comes from not knowing what you're doing." – Warren Buffett

30. "Look at market fluctuations as your friend rather than your enemy; profit from folly rather than participate in it." – Warren Buffett

31. "There seems to be some perverse human characteristic that likes to make easy things difficult." – Warren Buffett

32. "If you are in a poker game and after 20 minutes you don't know who the patsy is, then you’re the patsy." – Warren Buffett

33. "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

34. "The rich invest in time, the poor invest in money." – Warren Buffett

35. "Beware of geeks bearing formulas." – Warren Buffett

36. "Without passion, you don't have energy. Without energy, you have nothing." – Warren Buffett

37. "I get to do what I like to do every single day of the year." – Warren Buffett

38. "I never attempt to make money on the stock market. I buy on assumption they could close the market the next day and not re-open it for five years." – Warren Buffett

39. "If past history was all that is needed to play the game of money, the richest people would be librarians." – Warren Buffett

40. "The investor of today does not profit from yesterday’s growth." – Warren Buffett

41. "The smarter the journalists are, the better off the society is to a degree. People read the press to inform themselves; and the better the teacher, the better the student body." – Warren Buffett

42. "We enjoy the process far more than the proceeds." – Warren Buffett

43. "Focus on your customers and lead your people as though their lives depend on your success." – Warren Buffett

44. "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." – Warren Buffett

45. "Cash never makes us happy. It’s better to have the money burning a hole in Berkshire’s pocket than resting comfortably in someone else’s." – Warren Buffett

46. "Never invest in a business you can’t understand." – Warren Buffett

47. "Derivatives are financial weapons of mass destruction." – Warren Buffett

48. "We've used derivatives for many, many years. I don't think derivatives are evil, per se, I think they are dangerous. ...So we use lots of things daily that are dangerous, but we generally pay some attention to how they're used. We tell the cars how fast they can go." – Warren Buffett

49. "Only when you combine sound intellect with emotional discipline do you get rational behavior." – Warren Buffett

50. "I buy expensive suits. They just look cheap on me." – Warren Buffett