Warren Edward Buffett born August 30, 1930, is an American business magnate,legendary value investor, turned an ailing textile mill into a financial engine that powered what would become the world's most successful holding company.
Known as the "Oracle of Omaha" for his investment prowess, Buffett has amassed a personal fortune in excess of $62 billion, making him top dog on Forbes' World's Billionaires list in 2008.
Best Warren Buffett Quotes:
"Chains of habit are too light to be felt until they are too heavy to be broken."- Warren Buffett
"There seems to be some perverse human characteristic that likes to make easy things difficult."- Warren Buffett
"Nothing sedates rationality like large doses of effortless money."- Warren Buffett
"It takes 20 years to build a reputation and five minutes to ruin it. If you think about that, you'll do things differently."- Warren Buffett
"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
"Long ago, Ben Graham taught me that 'Price is what you pay; value is what you get.' Whether we're talking about socks or stocks, I like buying quality merchandise when it is marked down."- Warren Buffett
"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
"Should you find yourself in a chronically leaking boat, energy devoted to changing vessels is likely to be a more productive than energy devoted to patching leaks."- Warren Buffett
"It is not necessary to do extraordinary things to get extraordinary results."- Warren Buffett
"What we learn from history is that people don't learn from history."- Warren Buffett
"In the short term, the market is a popularity contest. In the long term, the market is a weighing machine."- Warren Buffett
"Opportunities come infrequently. When it rains gold, put out the bucket, not the thimble"- Warren Buffett
"Diversification is a protection against ignorance. It makes very little sense for those who know what they're doing."- Warren Buffett
"If you aren't willing to own a stock for ten years, don't even think about owning it for ten minutes. Put together a portfolio of companies whose aggregate earnings march upward over the years, and so also will the portfolio's market value."- Warren Buffett
"The key to investing is not assessing how much an industry is going to affect society, or how much it will grow, but rather determining the competitive advantage of any given company and, above all, the durability of that advantage."- Warren Buffett
"I am a better investor because I am a businessman, and a better businessman because I am an investor."- Warren Buffett
"It's far better to buy a wonderful company at a fair price than a fair company at a wonderful price."- Warren Buffett
"The most important quality for an investor is temperament, not intellect. You need a temperament that neither derives great pleasure from being with the crowd or against the crowd."- Warren Buffett
"Successful Investing takes time, discipline and patience. No matter how great the talent or effort, some things just take time: You can't produce a baby in one month by getting nine women pregnant."- Warren Buffett
"I don't look to jump over seven-foot bars; I look around for one-foot bars that I can step over."- Warren Buffett
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