Warren Buffett

Value Investor, Billionaire, Chairman of Berkshire Hathaway

Over the past thirty-five years, Warren Buffett has emerged as arguably the greatest investor in American history.  If you had invested $10,000 in Berkshire Hathaway when he took control in 1965, your holdings would be worth more than $50 million today.  The second-richest man in the world, Buffett still lives in the same house he bought three decades ago for $31,500, drives an older Lincoln Towncar, and downs countless cans of Coca-Cola every day.

http://beginnersinvest.about.com/cs/warrenbuffett/a/aawarrenbio.htm

 

 

 

I don't look to jump over 7-foot bars: I look around for 1-foot bars that I can step over.
Warren Buffett

I never attempt to make money on the stock market. I buy on the assumption that they could close the market the next day and not reopen it for five years.
Warren Buffett

If a business does well, the stock eventually follows.
Warren Buffett

If past history was all there was to the game, the richest people would be librarians.
Warren Buffett

In the business world, the rearview mirror is always clearer than the windshield.
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

It's far better to buy a wonderful company at a fair price than a fair company at a wonderful price.
Warren Buffett

Let blockheads read what blockheads wrote.
Warren Buffett

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

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

Only buy something that you'd be perfectly happy to hold if the market shut down for 10 years.
Warren Buffett

Only when the tide goes out do you discover who's been swimming naked.
Warren Buffett

Our favorite holding period is forever.
Warren Buffett

Price is what you pay. Value is what you get.
Warren Buffett

Risk is a part of God's game, alike for men and nations.
Warren Buffett

Rule No.1: Never lose money. Rule No.2: Never forget rule No.1.
Warren Buffett

The business schools reward difficult complex behavior more than simple behavior, but simple behavior is more effective.
Warren Buffett

The investor of today does not profit from yesterday's growth.
Warren Buffett

The smarter the journalists are, the better off society is. For to a degree, people read the press to inform themselves-and the better the teacher, the better the student body.
Warren Buffett

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

Time is the friend of the wonderful company, the enemy of the mediocre.
Warren Buffett

We enjoy the process far more than the proceeds.
Warren Buffett

We simply attempt to be fearful when others are greedy and to be greedy only when others are fearful.
Warren Buffett

When a management with a reputation for brilliance tackles a business with a reputation for bad economics, it is the reputation of the business that remains intact.
Warren Buffett

Why not invest your assets in the companies you really like? As Mae West said, "Too much of a good thing can be wonderful".
Warren Buffett

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

You do things when the opportunities come along. I've had periods in my life when I've had a bundle of ideas come along, and I've had long dry spells. If I get an idea next week, I'll do something. If not, I won't do a damn thing.
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