60 Warren Buffett Quotes About Life and Investing

1. "Chains of habit are too light to be felt until they are too heavy to be broken."

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

3. "We simply attempt to be fearful when others are greedy and to be greedy only when others are fearful."

4. "It takes 20 years to build a reputation and five minutes to ruin it. If you think about that, you'll do things differently."

5. "Predicting rain doesn't count. Building arks does."

6. "Risk comes from not knowing what you're doing."

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

8. "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."

9. "Time is the friend of the wonderful company, the enemy of the mediocre."

10. “Honesty is a very expensive gift, Don't expect it from cheap people.”

11. “If you’re in the luckiest one per cent of humanity, you owe it to the rest of humanity to think about the other 99 per cent.”

12. “The difference between successful people and really successful people is that really successful people say no to almost everything.”

13. “You only have to do a very few things right in your life so long as you don't do too many things wrong.”

14. “No matter how great the talent or efforts, some things just take time. You can't produce a baby in one month by getting nine women pregnant.”

15. "The best thing I did was to choose the right heroes."

16. "When you combine ignorance and leverage, you get some pretty interesting results."

17. "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."

18. “In the world of business, the people who are most successful are those who are doing what they love.”

19. “Games are won by players who focus on the playing field –- not by those whose eyes are glued to the scoreboard.”

20. “In looking for people to hire, you look for three qualities: integrity, intelligence, and energy. And if they don't have the first, the other two will kill you.”

21. “You’ve gotta keep control of your time, and you can’t unless you say no. You can’t let people set your agenda in life.”

22. “Opportunities come infrequently. When it rains gold, put out the bucket, not the thimble”

23. “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.”

24. “Every saint has a past. Every sinner has a future.”

25. “Life is like a snowball. The important thing is finding wet snow and a really long hill.”

26. “We don’t have to be smarter than the rest. We have to be more disciplined than the rest.”

27. “The most important investment you can make is in yourself.”

28. “Don’t pass up something that’s attractive today because you think you will find something better tomorrow.”

29. “Get something to improve yourself at least 1% each day”

30. “An idiot with a plan can beat a genius without a plan.”

1. "Someone is sitting in the shade today because someone planted a tree a long time ago."

2. "Rule No.1: Never lose money. Rule No.2: Never forget rule No.1."

3. "Price is what you pay. Value is what you get."

4. "It's far better to buy a wonderful company at a fair price than a fair company at a wonderful price."

5. “The most important thing to do if you find yourself in a hole is to stop digging.”

6. "Remember that the stock market is a manic depressive."

7. "Beware the investment activity that produces applause; the great moves are usually greeted by yawns."

8. "Never invest in a business you cannot understand."

9. "For the investor, a too-high purchase price for the stock of an excellent company can undo the effects of a subsequent decade of favorable business developments."

10. "If returns are going to be 7 or 8 percent and you're paying 1 percent for fees, that makes an enormous difference in how much money you're going to have in retirement."

11. “If you aren’t willing to own a stock for 10 years, don’t even think about owning it for 10 minutes.”

12. “Our favourite holding period is forever.”

13. “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.”

14. “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.”

15. “The three most important words in investing are ‘margin of safety.’”

16. “Do not take yearly results too seriously. Instead, focus on four or five-year averages.”

17. “Today people who hold cash equivalents feel comfortable. They shouldn’t. They have opted for a terrible long-term asset, one that pays virtually nothing and is certain to depreciate in value.”

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

19. "Wide diversification is only required when investors do not understand what they are doing."

20. "If a business does well, the stock eventually follows."

21. "An investor should act as though he had a lifetime decision card with just twenty punches on it."

22. “If you don't find a way to make money while you sleep, you will work until you die.”

23. “Do not save what is left after spending; instead spend what is left after saving.”

24. “If you buy things you do not need, soon you will have to sell things you need.”

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

26. “Never depend on single income. Make investment to create a second source.”

27. “The rich invest in time, the poor invest in money.”

28. “The best chance to deploy capital is when things are going down.”

29. “Diversification may preserve wealth, but concentration builds wealth.”

30. “Cash combined with courage in a time of crisis is priceless.”