Famous Warren Buffett Quotes

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


We simply attempt to be fearful when others are greedy and to be greedy only when others are fearful.


Why not invest your assets in the companies you really like? As Mae West said, ‘Too much of a good thing can be wonderful’.


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


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.


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


Rule No.1: Never lose money. Rule No.2: Never forget rule No.1.


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


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.


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.


Do not save what is left after spending, but spend what is left after saving.


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.


If you don’t find a way to make money while you sleep, you will work until you die.


Risk comes from not knowing what you’re doing.


If past history was all there was to the game, the richest people would be librarians.


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


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


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


“Risk comes from not knowing what you’re doing”


“No matter how great the talent or efforts, some things just take time.”


“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.”


Don’t risk what is important to you, to get what is not important to you.


Risk is a part of God’s game, alike for men and nations.


The strategy we’ve adopted precludes our following standard diversification dogma. Many pundits would therefore say the strategy must be riskier than that employed by more conventional investors. We disagree. 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.


Risk comes from not knowing what you’re doing.


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


If you don’t know the Jewelry, know the Jeweler