Warren Buffett is one of the richest men in the world, according to Forbes magazine; with an estimated fortune of 94 billion dollars (June 2022). That’s why we want to share 73 incredible phrases from Warren Buffett that you should know to invest better.
He is known worldwide for being a successful investor and for being the CEO and largest shareholder of Berkshire Hathaway. (Business conglomerate with investments in large companies such as American Express, The Coca Cola Company, Procter & Gamble Co, Wells Fargo and many more)
Warren has been active in the market for more than 50 years and his results are impressive, not in vain is he one of Bill Gates’ idols. Today he is 91 years old and his experience is invaluable. That’s why we share with you the 73 best quotes from Warren Buffett.
Warren Buffett phrases to invest better.
- Rule #1: Don’t lose money. #2: Don’t forget rule number 1. And #3: Don’t get into debt.
- It takes a lifetime to build a good reputation and only 5 minutes to destroy it.
- I am prone to limit myself to things that are reasonably easy, safe, profitable, and enjoyable.
- The key is to have more information than the other person. Then analyze it correctly and use it reasonably.
- I have learned that it is worth surrounding yourself with people who are better than you; because you will float a little more and ascend. While surrounding yourself with people who behave worse, you will soon slip. It just works that way.
- Someone is sitting in the shade today because someone planted a tree a long time ago.
Warren Buffett Quotes #7.
- The clumsiest reason to buy a stock is because it’s going up.
- I don’t try to jump 7 foot bars. I only go for the 1 foot ones that I know I can jump.
- You don’t have to do extraordinary things to get extraordinary results.
- Money doesn’t change how healthy you are or how many people will love you.
- Never invest in a business you don’t understand.
- No matter how great the talent or effort, some things just take time. You cannot produce a baby in a month by impregnating nine women.
- Cash, combined with courage, in times of crisis is priceless.
- Whether we are talking about socks or stocks; I like to buy quality merchandise.
- What we learn from history is that people do not learn from history.
- Buy a business. Do not rent shares.
- A climate of fear is your friend when you invest; a euphoric world is your enemy.
It may also interest you: 71 Entrepreneurial phrases to start your business today.
Warren Buffett Quotes #18.
- You don’t have to be a rocket scientist. Investing is not a game where the guy with a 160 IQ beats the guy with a 130.
//Also read: How to be smarter according to science//
- We don’t need to be smarter than the rest. We need to be more disciplined.
- A stock market direction prediction tells you nothing about where the stock is headed; but it does tell you a lot about the person making the prediction.
- I really like my life. I’ve fixed it so I can do what I want.
- We will only do with your money what we would do with ours.
- If you don’t feel comfortable having something for 10 years; then don’t have it for 10 minutes.
- I am a better investor because I am an entrepreneur and I am a better entrepreneur because I am an investor.
Warren Buffett Quotes #25
- Price is what you pay. Value is what you get.
- Opportunities are rare. When he rains gold, he takes out the bucket; not the thimble.
- All you have to do is pick good stocks at good times and stick with them as long as they’re still good companies.
- The stock market is designed to transfer money from the asset, to the patient.
- Stop trying to predict the direction of the stock market, the economy, interest rates, or elections.
- I never try to make money in the stock market. I buy on the assumption that they could close the market the next day and not reopen it for ten years.
- I have vowed to always run Berkshire with more than enough money…I won’t trade even a night’s sleep for the possibility of additional earnings.
- The best business returns are generally achieved by companies that are doing something pretty similar to what they were doing five or ten years ago.
- Investing now is distributing money to get more money back in the future.
- The stock market is not like baseball where there are strikes. You don’t have to try to hit everything, you can wait for the ideal pitch.
Warren Buffett Quotes #35.
- The chains of habit are too light to be felt; until they are too heavy to break.
//You may be interested: How to change bad habits//
- Never count on making a good sale. Make the purchase price so attractive that even a mediocre sale yields good results.
- For whatever reason, people take their signals from price action instead of values. What doesn’t work is when you start doing things you don’t understand or because they worked for someone else last week.
- Never stop looking for the job you are passionate about. Try to find the job you would have if you were rich. Forget the salary. When you associate with the people you love, doing what you love; There is nothing better than that.
- They don’t pay us for the activity, they pay us for being right. As for how long we are going to wait; I will wait indefinitely.
- Buy companies with a long history of profitability and with a dominant business franchise.
- Most people are interested in stocks when everyone else is. The time to care is when no one else is.
- Our approach benefits greatly from the lack of change, rather than change. With ‘Wrigley’ brand gum, it’s the lack of change that appeals to me. I don’t think you will be harmed by the Internet. That’s the kind of business I like.
- Why are we so successful at investing? We read hundreds and hundreds of annual reports every year.
Warren Buffett Quotes #44.
- Diversification is a protection against ignorance. It makes very little sense to those who know what they are doing.
- When a management team with a reputation for brilliance joins a business with a poor reputation; it is the reputation of the business that remains intact.
- I try to buy shares in businesses that are so wonderful that an idiot can run them. Because sooner or later, one will.
- You are not right or wrong because other people agree with you. You are right because the facts are correct and your reasoning is correct; that’s the only thing that makes you right.
- I’ll tell you how to get rich. She closes the doors. Be fearful when others are greedy. Be greedy 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.”
- Our favorite waiting period is forever.
Warren Buffett Quotes #51.
- The most important thing to do if you find yourself in a hole is to stop digging.
- Money is not everything. Make sure you earn a lot of money, before you say that nonsense.
- The risk comes from not knowing what you are doing.
- Volatility is not the same as risk, and anyone who thinks so is going to lose money.
- Unless you can see your stock drop 50% without panicking, you shouldn’t be investing.
- The critical investment factor is determining the intrinsic value of a company and paying a fair or bargain price.
- Investors making purchases in an overheated market should recognize that it can often take an extended period for even a standout company to catch up with the price they paid.
- Great investment opportunities present themselves when excellent companies are surrounded by unusual circumstances that cause stocks to be misunderstood.
- You won’t keep control of your time unless you can say “no”. You cannot allow other people to take over the agenda of your life. (Click here to learn how to say no and win)
- In the business world, the rearview mirror is always cleaner than the windshield.
- If a business is doing well. The market will eventually follow.
- Cash never makes us happy. But it is better to have the money burning our pocket; than resting comfortably in someone else’s pocket.
Warren Buffett Quotes #63.
- Wall Street is the only place people go in a Rolls-Royce, to get advice from those who take the subway.
- A public opinion poll cannot be a substitute for thought.
- I never buy anything unless I can fill out my reasons on a piece of paper. I may be wrong, but I would know the answer to that… “I will pay $32 billion today for the Coca Cola Company because…” If you can’t answer that question, you shouldn’t be buying it. If you can answer that question, and it does multiple times; you will earn a lot of money.
- Today’s investor does not benefit from yesterday’s growth.
- You only have to do very few good things in your life; as long as you don’t do too many things wrong.
Warren Buffett Quotes #68.
- It is much better to buy a wonderful company at a fair price than a fair company at a wonderful price.
- Watch the market fluctuations as your friend and not as your enemy; take advantage of the madness, instead of participating in it.
- Someone once said that when looking for people to hire, you look for three qualities: integrity, intelligence, and energy. And if you don’t have the first one, the other two will kill you. Think about it; It is true. If you hire someone without [integridad]you really want them to be dumb and lazy.
- It’s only when the tide goes out that you find out who’s been swimming naked.
- The fact that people are filled with greed, fear or madness; it is predictable. The sequence is not predictable.
- Time is the friend of wonderful companies. But enemy of the mediocre.
If you want to know more success phrases from other millionaires, click here!
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