61 Famous quotes and sayings by Warren Buffett


Warren Edward Buffett was born on August 30, 1930, in Omaha, Nebraska, United States. He is an American investor and philanthropist who is the chairman and former CEO of the conglomerate Berkshire Hathaway. Warren Buffett is considered one of the world's most successful investors, which makes him the fourth-wealthiest person in the world as of 2019. May these famous Warren Buffett quotes about life give you insights to help you achieve your goals and succeed in life.

Famous quotes and sayings by Warren Buffett
1. “If you don't find a way to make money while you sleep, you will work until you die.” – Warren Buffett

2. “The first rule is not to lose. The second rule is not to forget the first rule.” – Warren Buffett

3. “I do know that when I am sixty, I should be attempting to achieve different personal goals than those which had priority at age twenty.” – Warren Buffett

4. “Price is what you pay. Value is what you get.” – Warren Buffett

5. “In the business world, the rearview mirror is always clearer than the windshield.” – Warren Buffett

6. “Games are won by players who focus on the playing field and not by those whose eyes are glued to the scoreboard.” – Warren Buffett

7. “If you buy things you do not need, soon you will have to sell things you need.” – Warren Buffett

8. “We simply attempt to be fearful when others are greedy and to be greedy only when others are fearful.” – Warren Buffett

9. “In the world of business, the people who are most successful are those who are doing what they love.” – Warren Buffett

Famous quotes and sayings by Warren Buffett
10. “Never depend on single income. Make investment to create a second source.” – Warren Buffett

11. “Beware the investment activity that produces applause; the great moves are usually greeted by yawns.” – Warren Buffett

12. “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

13. “Risk comes from not knowing what you're doing.” – Warren Buffett

14. “The most important thing to do if you find yourself in a hole is to stop digging.” – Warren Buffett

Famous quotes and sayings by Warren Buffett
15. “Never invest in a business you cannot understand.” – Warren Buffett

16. “Forecasts may tell you a great deal about the forecaster; they tell you nothing about the future.” – Warren Buffett

17. “No matter how great the talent or efforts, some things take time. You can’t produce a baby in one month by getting nine women pregnant.” – Warren Buffett

18. “It's only when the tide goes out that you discover who's been swimming naked.” – Warren Buffett

19. “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

Famous quotes and sayings by Warren Buffett
20. “Do not save what is left after spending; instead spend what is left after saving.” – Warren Buffett

21. “It’s far better to buy a wonderful company at a fair price, than a fair company at a wonderful price.” – Warren Buffett

22. “I always knew I was going to be rich. I don’t think I ever doubted it for a minute.” – Warren Buffett

23. “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

24. “The best thing I did was to choose the right heroes.” – Warren Buffett

Famous quotes and sayings by Warren Buffett
25. “The most important investment you can make is in yourself.” – Warren Buffett

26. “People always ask me where they should go to work, and I always tell them to go to work for whom they admire the most.” – Warren Buffett

27. “If you’re in the luckiest one percent of humanity, you owe it to the rest of humanity to think about the other ninety nine percent.” – Warren Buffett

28. “Never ask a barber if you need a haircut.” – Warren Buffett

29. “I learned to go into business only with people whom I like, trust, and admire.” – Warren Buffett

30. “Opportunities come infrequently. When it rains gold, put out the bucket, not the thimble.” – Warren Buffett

More Warren Buffett Quotes on Success

31. “What the wise do in the beginning, fools do in the end.” – Warren Buffett

32. “Life is like a snowball. The important thing is finding wet snow and a really long hill.” – Warren Buffett

33. “When you combine ignorance and leverage, you get some pretty interesting results.” – Warren Buffett

34. “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

35. “If you get to my age in life and nobody thinks well of you, I don’t care how big your bank account is, your life is a disaster.” – Warren Buffett

36. “If you keep doing the same things, you'll end up getting the same results.” – Warren Buffett

37. “Chains of habit are too light to be felt until they are too heavy to be broken.” – Warren Buffett

38. “Predicting rain doesn't count. Building the arks does.” – Warren Buffett

39. “One can best prepare themselves for the economic future by investing in your own education. If you study hard and learn at a young age, you will be in the best circumstances to secure your future.” – Warren Buffett

40. “You don’t need to be a rocket scientist. Investing is not a game where the guy with the one hundred sixty IQ beats the guy with one hundred thirty IQ.” – Warren Buffett

41. “Buy a stock the way you would buy a house. Understand and like it such that you’d be content to own it in the absence of any market.” – Warren Buffett

42. “Someone is sitting in the shade today because someone planted a tree a long time ago.” – Warren Buffett

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

44. “There seems to be some perverse human characteristic that likes to make easy things difficult.” – Warren Buffett

45. “Wide diversification is only required when investors do not understand what they are doing.” – Warren Buffett

46. “Don't pass up something that's attractive today because you think you will find something better tomorrow.” – Warren Buffett

47. “Only buy something that you'd be perfectly happy to hold if the market shut down for ten years.” – Warren Buffett

48. “Our favorite holding period is forever.” – Warren Buffett

49. “The difference between successful people and really successful people is that really successful people say no to almost everything.” – Warren Buffett

50. “The key to investing is determining the competitive advantage of any given company and, above all, the durability of that advantage.” – Warren Buffett

51. “You can teach how to do what the person needs to do but you will never teach loyalty and integrity. You either have it, or you don't.” – Warren Buffett

52. “Time is the friend of the wonderful company, the enemy of the mediocre.” – Warren Buffett

53. “Your public image and reputation: It takes twenty years to build a reputation and five minutes to ruin it. If you think about that, you'll do things differently.” – Warren Buffett

54. “The trick is, when there is nothing to do, do nothing.” – Warren Buffett

55. “Investing is simple, but not easy. The key is to have patience and discipline.” – Warren Buffett

56. “I try to invest in businesses that are so wonderful that an idiot can run them. Because sooner or later, one will.” – Warren Buffett

57. “I insist on a lot of time being spent, almost every day, to just sit and think.” – Warren Buffett

58. “Now, consider that you only have one mind and one body. Prepare them for life, care for them. You can enhance your mind over time. A person's main asset is themselves, so preserve and enhance yourself.” – Warren Buffett

59. “The business schools reward difficult complex behaviour more than simple behaviour, but simple behaviour is more effective.” – Warren Buffett

60. “You cannot make a good deal with a bad person.” – Warren Buffett

61. “Don't beat yourself up over past mistakes—learn at least a little from them and move on. It is never too late to improve.” – Warren Buffett

Share these Warren Buffett Sayings and Phrases with your friends, family, and loved ones to inspire them as well.

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