11 Warren Buffett quotes on investing
·2 Jan 2014
Warren Buffett, the American business magnate, entrepreneur, and philanthropist is widely considered the most successful investor of his time.
Forbes put his wealth at approximately $58.5 billion, making him the world’s fourth richest man, with investments including ketchup maker H.J. Heinz, and his company Berkshire Hathaway being the largest shareholder in Coca-Cola at 8.9%, or 400 million shares.
BusinessTech shares 11 quotes on investing as spoken by Buffett over his illustrious career.
- “It takes 20 years to build a reputation and five minutes to ruin it. If you think about that, you’ll do things differently.”
- “Someone is sitting in the shade today because someone planted a tree a long time ago.”
- “Risk comes from not knowing what you’re doing.”
- “In the business world, the rearview mirror is always clearer than the windshield.”
- “It’s far better to buy a wonderful company at a fair price than a fair company at a wonderful price.”
- “Time is the friend of the wonderful company, the enemy of the mediocre.”
- “Wide diversification is only required when investors do not understand what they are doing.”
- “Only buy something that you’d be perfectly happy to hold if the market shut down for 10 years.”
- “Rule No.1: Never lose money. Rule No.2: Never forget rule No.1.”
- “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.'”
- “Our favorite holding period is forever.”
More on Warren Buffett
Buffett talks social media and Bitcoin
Loading ...