Top Warren Buffett Quotes - Quotesmemo.com

Warren Buffett Biography

Warren Edward Buffett (/ˈbʌfɪt/; born August 30, 1930) is an American business magnate, investor, and philanthropist who serves as 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 US$87.5 billion as of February 17, 2018, making him the third wealthiest person in the United States and in the world.

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Warren Buffett Quotes

Ben's Mr. Market allegory may seem out-of-date in today's investment world, in which most professionals and academicians talk of efficient markets, dynamic hedging and betas. Their interest in such matters is understandable, since techniques shrouded in mystery clearly have value to the purveyor of investment advice. After all, what witch doctor has ever achieved fame and fortune by simply advising 'Take two aspirins'?

Advice, Hedging, Market, Techniques, Two, Witch Doctors

Your premium brand had better be delivering something special, or it's not going to get the business.

Brand, Business, Life, Premium, Special, Success

The big question about how people behave is whether they've got an Inner Scorecard or an Outer Scorecard. It helps if you can be satisfied with an Inner Scorecard.

Big, Bigs, Helping, Inner, Outer, People

Our investments continue to be few in number and simple in concept: The truly big investment idea can usually be explained in a short paragraph. We like a business with enduring competitive advantages that is run by able and owner-oriented people. When these attributes exist, and when we can make purchases at sensible prices, it is hard to go wrong (a challenge we periodically manage to overcome).

Concept, Exist, Ideas, Like, Running, Simple

Always associate yourself with people who are better than you.

Associate, Investing, Kayaking, People

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

Business, Money, Way, Work

I don't need 15 houses. Owning real estate doesn't mean much to me. I don't like to think about things like that. I don't need 12 boats, or even the world's largest boat with a crew of 80. I'd have to take care of them, to worry about them. I get a lot more fun out of life without all the bells and whistles.

Crew, Fun, Mean, Owning, Real, Worry

Generally, we have translated greater output in the few hours of work per week over the last century. And that's a good trend of the future. But we do have to have a system that, as output of goods and services keeps increasing per capita, that it takes care of the people who are willing to work and really are not getting by very well with a family on a 40-hour week.

Care, Family, Increasing, People, System, Week

SUPPOSE that an investor you admire and trust comes to you with an investment idea. This is a good one, he says enthusiastically. I'm in it, and I think you should be, too.

Business, Enthusiastically, Good, Ideas, Says, Thinking

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

Fund, Index, Investing, Investment

The woman that comes in, takes the wastebasket away, she's paying 15. 3 or whatever it is on payroll tax alone. I mean it is - I never had it so good.

Mean, Payroll Tax, Tax, Taxes, Wastebasket, Woman

As an investor with small capital, one should prefer businesses that have high returns on capital and that require little incremental investment to grow.

Incremental, Investment, Investor, Littles, Return, Returns

We still find very few [stocks] that even mildly interest us. That dismal fact is testimony to the insanity of valuations reached during The Great Bubble. Unfortunately, the hangover may prove to be proportional to the binge.

Bubble, Hangover, May, Proportional, Prove, Testimony

I insist on a lot of time being spent, almost every day, to just sit and think. That is very uncommon in American business.

American, Business, Generosity, Life, Thinking, Uncommon

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.

Behavior, Business, Funny, Money, People, Pick

I don't try and guess when to get in and out of the market. I have owned stocks consistently since 1942. I owned the - I was buying stocks the day before the election. I was buying the same stocks the day after election. And if Hillary had been elected, it would have been the same thing.

Consistently, Election, Guess, Owned, Trying

If you knew what was going to happen in the economy, you still wouldn't necessarily know what was going to happen in the stock market.

Economy, Happen, Investing, Market, Stills, Stock

We need to throw the resources at this that are necessary. But like I say, we are not spending money. I mean, if we buy these assets intelligently, the United States Treasury will make money. I mean, it's borrowing money. It's just a few percent a year.

Borrowing, Mean, Necessary, Percent, United States, Years

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.

Idea, Ideas, Important, Investing, Terms, Timing

There are certain things that cannot be adequately explained to a virgin either by words or pictures.

Adequately, Certain, One Line, One Liner, Pictures, Words

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