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500 Genius Warren Buffett Quotes On Leadership And Success

1. “I will tell you how to become rich. Close the doors. Be fearful when others are greedy. Be greedy when others are fearful.” – Warren Buffett


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


3. If past history was all that is needed to play the game of money, the richest people would be librarians.


4. “It is not necessary to do extraordinary things to get extraordinary results."


5. “You will be successful if the people who you hope to have love you, do love you.”


6. “It takes 20 years to build a reputation and five minutes to ruin it. ” —Warren Buffett


7. Tell me who your heroes are and I'll tell you who you’ll turn out to be.


8. “We’ve put a lot of money to work during the chaos of the last two years. It’s been an ideal period for investors: A climate of fear is their best friend.”


9. “$81.5 billion of Warren Buffett's $84.5 billion net worth came after his 65th birthday.”


10. “Predicting rain doesn’t count. Building arks does.” – Warren Buffett


11. “I will tell you the secret to getting rich on Wall Street. You try to be greedy when others are fearful. And you try to be fearful when others are greedy.” —Warren Buffett, businessman


12. “The best investment you can make is in yourself.”― Warren Buffett


13. “Read 500 pages every day. That’s how knowledge works. It builds up, like compound interest.”


14. “If you can keep your head when all about you are losing theirs


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


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


17. For 240 years, it's been a terrible mistake to bet against America, and now is no time to start.


18. Calling someone who trades actively in the market an investor is like calling someone who repeatedly engages in one-night stands a romantic.


19. Honesty is a very expensive gift. Don't expect it from cheap people.


20. “It’s better to hang out with people better than you.”


21. “There seems to be some perverse human characteristic that likes to make easy things difficult.”


22. Whether we’re talking about socks or stocks, I like buying quality merchandise when it is marked down.” – Warren Buffett


23. “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.” — Warren Buffett


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


25. “Wall Street is the only place that people ride to in a Rolls Royce to get advice from those who take the subway.”


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


27. We always live in an uncertain world. What is certain is that the United States will go forward over time.


28. Buy companies with strong histories of profitability and with a dominant business franchise.” – Warren Buffett


29. The stock market is a device for transferring money from the impatient to the patient.” – Warren Buffett


30. You know, people talk about this being an uncertain time. You know, all time is uncertain. I mean, it was uncertain back in – in 2007, we just didn’t know it was uncertain. It was – uncertain on September 10th, 2001. It was uncertain on October 18th, 1987, you just didn’t know it. – Warren Buffett


31. Since I know of no way to reliably predict market movements, I recommend that you purchase Berkshire shares only if you expect to hold them for at least five years. Those who seek short-term profits should look elsewhere.” – Warren Buffett


32. “I learned to go into business only with people whom I like, trust, and admire.”


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


34. The only way to get love is to be lovable. It’s very irritating if you have a lot of money. You’d like to think you could write a check: ‘I’ll buy a million dollars’ worth of love.’ But it doesn’t work that way. The more you give love away, the more you get. – Warren Buffett


35. Never invest in a business you cannot understand.” – Warren Buffett


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


37. The most important investment you can make is in yourself.


38. Pick your allies wisely


39. Give back


40. “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.” – Warren Buffett


41. Lose money for the firm, and I will be understanding. Lose a shred of reputation for the firm, and I will be ruthless.” – Warren Buffett


42. “..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..”


43. “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.” – Warren Buffett


44. “I am a better investor because I am a businessman, and a better businessman because I am an investor.” – Warren Buffett


45. Any CEO who’s still tolerating a frat house workplace or letting poor personal judgment bleed into the business isn’t long for the job. But even the best companies and CEOs make mistakes. You can prevent the inevitable tweetstorm from escalating into a hurricane by taking responsibility and providing an immediate plan for correcting the problem.


46. “Warren Buffett later put it: To make money they didn’t have and didn’t need, they risked what they did have and did need. And that’s foolish. It is just plain foolish. If you risk something that is important to you for something that is unimportant to you, it just does not make any sense.”


47. “Our favorite holding period is forever."


48. Stick to Fundamental Values


49. I will tell you the secret to getting rich on Wall Street. You try to be greedy when others are fearful. And you try to be fearful when others are greedy.” ~ Warren Buffett


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


51. I won't say if my candidate doesn't win, and probably half the time they haven't, I'm going to take my ball and go home."


52. I will tell you the secret to getting rich on Wall Street. You try to be greedy when others are fearful. And you try to be fearful when others are greedy.” – Warren Buffett


53. “Do not save what is left after expending, but spend what is left after saving.” – Warren Buffett


54. “Risk comes from not knowing what you’re doing” – Warren Buffett


55. Famous quotes from Warren Buffett


56. “Rule No. 1: Never lose money. Rule No. 2: Never forget Rule No. 1” — Warren Buffett; Tweet this!


57. “..Price is what you pay. Value is what you get..”


58. The stock market is a no-called-strike game. You don’t have to swing at everything — you can wait for your pitch.” – Warren Buffett


59. Someone's sitting in the shade today because someone planted a tree a long time ago.


60. “The best thing that happens to us is when a great company gets into temporary trouble…We want to buy them when they’re on the operating table.” – Warren Buffett


61. The best chance to deploy capital is when things are going down.” – Warren Buffett


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


63. “Risk comes from not knowing what you are doing.”


64. Predicting rain doesn't count, building the ark does.


65. I sent one e-mail in my life. I sent it to Jeff Raikes at Microsoft, and it ended up in court in Minneapolis, so I am one for one. – Warren Buffett


66. 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


67. “Go to bed a little smarter each day.” ― Warren Buffett


68. “The difference between successful people and really successful people is that really successful people say no to almost everything.” — Warren Buffett, legendary investor and second wealthiest American


69. “Opportunity, Buffett knew, is where you find it. If you don’t try something, you can’t succeed. Energy and initiative count as much as talent and luck. Winners win because they work hard and hold onto their money.”


70. “If you don’t know jewelry, know the jeweler.” ~ Warren Buffett


71. “The difference between successful people and really successful people is that really successful people say 'no' to almost everything.” - Warren Buffett


72. “The people who are most successful are those who are doing what they love.” ― Warren Buffett


73. Wall Street is the only place that people ride to in a Rolls Royce to get advice from those who take the subway.” – Warren Buffett


74. “I always knew I was going to be rich. I don't think I ever doubted it for a minute.” - Warren Buffett.


75. “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.”


76. “Society has a use for my money; I don’t,” he once wrote in a statement.


77. The best thing that happens to us is when a great company gets into temporary trouble...We want to buy them when they're on the operating table.


78. “It takes years to build a reputation and five minutes to ruin it.” – Warren Buffett


79. Too-big-to-fail is not a fallback position at Berkshire. Instead, we will always arrange our affairs so that any requirements for cash we may conceivably have will be dwarfed by our own liquidity.” – Warren Buffett


80. “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


81. “Diversification is a protection against ignorance. It makes very little sense for those who know what they’re doing.” – Warren Buffett


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


83. “If you’re going to get someone without integrity, you want them lazy and dumb.” - Warren Buffett.


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


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


86. “Honesty is a very expensive gift. Don’t expect it from cheap people.”


87. I will tell you how to become rich. Close the doors. Be fearful when others are greedy. Be greedy when others are fearful.” – Warren Buffett


88. 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


89. ‘”The Stock Market is designed to transfer money from the Active to the Patient.” – Warren Buffett


90. You only have to be able to evaluate companies within your circle of competence. The size of that circle is not very important; knowing its boundaries, however, is vital.


91. Someone is sitting in the shade today because someone planted a tree a long time ago. —Warren Buffett, investor


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


93. “Risk comes from not knowing what you’re doing.” – Warren Buffett


94. “Warren Buffett is saying that portfolio concentration, or focusing on a few investments rather than diversifying, is a better strategy.”


95. If you don’t find a way to make money while you sleep, you will work until the day you die.” – Warren Buffett


96. If past history was all that is needed to play the game of money, the richest people would be librarians.


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


98. An investor should act as though he had a lifetime decision card with just twenty punches on it.” – Warren Buffett


99. It's better to have a partial interest in the Hope diamond than to own all of a rhinestone.


100. “If you buy things you don’t need, soon you will have to sell things you need.” ― Warren Buffett


101. Imagine that you had a car and that was the only car you'd have for your entire lifetime. Of course, you'd care for it well, changing the oil more frequently than necessary, driving carefully, etc. 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.


102. The first rule is not to lose money. The second rule is not to forget the first rule.” – Warren Buffett


103. Never invest in a business you cannot understand.


104. “Time is the friend of the wonderful business, the enemy of the mediocre.” – Warren Buffett


105. Keep Things Simple


106. Widespread fear is your friend as an investor because it serves up bargain purchases.” – Warren Buffett


107. “I don't look to jump over 7-foot bars; I look around for 1-foot bars that I can step over." -Warren Buffett, Chairman and CEO of Berkshire Hathaway


108. Effective communication


109. “We simply attempt to be fearful when others are greedy and to be greedy only when others are fearful.”


110. Be In It For The Long Term


111. “You never know who’s swimming naked until the tide goes out.” – Warren Buffett


112. ‘I do think it is stupid for states to drive out their wealthiest citizens.’


113. “Price is what you pay; value is what you get.” — Warren Buffett


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


115. “It’s better to hang out with people better than you. Pick out associates whose behaviour is better than yours and you’ll drift in that direction.”


116. On the margin of safety, which means, don’t try and drive a 9,800-pound truck over a bridge that says it’s, you know, capacity: 10,000 pounds. But go down the road a little bit and find one that says, capacity: 15,000 pounds.” – Warren Buffett


117. “The most important investment you can make is in yourself.” – Warren Buffett


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


119. “Only when the tide goes out do you discover who’s been swimming naked.” – Warren Buffett


120. If you cannot control your emotions, you cannot control your money.” – Warren Buffett


121. I will tell you how to become rich. Close the doors. Be fearful when others are greedy. Be greedy when others are fearful. — Warren Buffett


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


123. All there is to investing is picking good stocks at good times and staying with them as long as they remain good companies.” – Warren Buffett


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


125. The more you learn, the more you earn.” – Warren Buffett


126. Risk comes from not knowing what you are doing.


127. 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 ten years.” – Warren Buffett


128. “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, chairman and CEO Berkshire Hathaway


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


130. 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.” – Warren Buffett


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


132. “..There seems to be some pervers human characteristic that like to make things difficult..”


133. After 25 years of buying and supervising a great variety of businesses, Charlie [Munger] and I have not learned how to solve difficult business problems. What we have learned is to avoid them.


134. Basically, when you get to my age, you'll really measure your success in life by how many of the people you want to have love you actually do love you.


135. “The difference between successful people and really successful people is that really successful people say no to almost everything.” — Warren Buffett, legendary investor and second wealthiest American


136. 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


137. “Rule No.1: Never lose money. Rule No.2: Never forget rule No.1.” ― Warren Buffett


138. If you’re smart, you’re going to make a lot of money without borrowing.” – Warren Buffett


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


140. “It's far better to buy a wonderful company at a fair price than a fair company at a wonderful price.”


141. “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.'”


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


143. “The difference between successful people and very successful people is that very successful people say no to almost everything.” ―Warren Buffett


144. “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.”


145. “I don’t put my political opinions or anything in a blind trust when I take this job, but I also don’t speak for Berkshire Hathaway. I mean we’ve got people who have very different views,” he said.


146. 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


147. It is a terrible mistake for investors with long-term horizons -- among them pension funds, college endowments, and savings-minded individuals -- to measure their investment' risk' by their portfolio's ratio of bonds to stocks.


148. “Great leaders are not infallible. What makes them great is their willingness to accept and rebound from failure. They see it as just part of the process that eventually leads to success.”


149. “I will tell you the secret to getting rich on Wall Street. You try to be greedy when others are fearful. And you try to be fearful when others are greedy.” – Warren Buffett


150. “I insist on a lot of time being spent, almost every day, to just sit and think. That is very uncommon in American business.”


151. What counts for most people in investing vs saving is not how much they know, but rather how realistically they define what they don't know.


152. 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.


153. The most common cause of low prices is pessimism—sometimes pervasive, sometimes specific to a company or industry. We want to do business in such an environment, not because we like pessimism but because we like the prices it produces. It’s optimism that is the enemy of the rational buyer.


154. “..Risk comes from not knowing what you’re doing..”


155. When we own portions of outstanding businesses with outstanding managements, our favorite holding period is forever.” – Warren Buffett


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


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


158. 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


159. “No matter how great the talent or efforts, some things take time.”


160. The years ahead will occasionally deliver major market declines -- even panics -- that will affect virtually all stocks. No one can tell you when these traumas will occur.


161. So smile when you read a headline that says 'Investors lose as market falls.' Edit it in your mind to 'Disinvestors lose as market falls—but investors gain.' Though writers often forget this truism, there is a buyer for every seller and what hurts one necessarily helps the other.”


162. “Charlie and I will limit ourselves to allocating capital, controlling enterprise risk, choosing managers and setting their compensation. It’s my job to keep Berkshire far away from problems. Charlie and I believe that a CEO must not delegate risk control. It’s simply too important. If Berkshire ever gets in trouble, it will be my fault. It will not be because of misjudgments made by a Risk Committee or Chief Risk Officer.”


163. “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, CEO of Berkshire Hathaway


164. Remember that the stock market is a manic depressive.


165. 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


166. Do not take yearly results too seriously. Instead, focus on four or five-year averages.” – Warren Buffett


167. The stock market is a no-called-strike game. You don't have to swing at everything -- you can wait for your pitch.


168. The most important investment you can make is in yourself.” – Warren Buffett


169. Do not save what is left after spending; instead spend what is left after saving.” ― Warren Buffett


170. “It is not necessary to do extraordinary things to get extraordinary results.”


171. The years ahead will occasionally deliver major market declines — even panics — that will affect virtually all stocks. No one can tell you when these traumas will occur.” – Warren Buffett


172. Choose a career you love


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


174. “Risk comes from not knowing what you’re doing.”


175. The difference between successful people and really successful people is that really successful people say no to almost everything.


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


177. The one thing I will tell you is the worst investment you can have is cash. Everybody is talking about cash being king and all that sort of thing. Cash is going to become worthless over time. But good businesses are going to become worth more over time.” – Warren Buffett


178. Success in investing doesn’t correlate with IQ … what you need is the temperament to control the urges that get other people into trouble in investing.” – Warren Buffett


179. “The happiest people do not necessarily have the best things. They simply appreciate the things they have.” ― Warren Buffett


180. “The best thing I did was to choose the right heroes.”


181. Live simply


182. “Never test the depth of river with both the feet.” – Warren Buffett


183. “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


184. “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.”


185. “Warren Buffett’s net worth is $84.5 billion. Of that, $84.2 billion was accumulated after his 50th birthday.”


186. I will tell you the secret to getting rich on Wall Street. You try to be greedy when others are fearful. And you try to be fearful when others are greedy.” – Warren Buffett


187. 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 ten years.” ~ Warren Buffett


188. “It’s much harder to piece together every investment he’s made over his career. No one talks about the dud picks, the ugly businesses, the poor acquisitions. But they’re a big part of Buffett’s story. They are the other side of tail-driven returns. At the Berkshire Hathaway shareholder meeting in 2013 Warren Buffett said he’s owned 400 to 500 stocks during his life and made most of his money on 10 of them. Charlie Munger followed up: “If you remove just a few of Berkshire’s top investments, its long-term track record is pretty average.”


189. All there is to investing is picking good stocks at good times and staying with them as long as they remain good companies.


190. Predicting rain doesn’t count, building the ark does.” – Warren Buffett


191. “I’ve seen more people fail because of liquor and leverage — leverage being borrowed money. You really don’t need leverage in this world much. If you’re smart, you’re going to make a lot of money without borrowing.” – Warren Buffett


192. Don't micromanage


193. “Our favorite holding period is forever.”


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


195. I insist on a lot of time being spent, almost every day, to just sit and think. That is very uncommon in American business. I read and think. So I do more reading and thinking, and make less impulse decisions than most people in business.


196. “No one is aging less than Charlie,” Mr. Buffett quipped. “If you can take some of these new companies with 25-year-olds, they’re aging at 4% a year or so. So, we will have the slowest-aging management—percentagewise, by far—than any American company.”


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


198. The rich are always going to say that, you know, just give us more money and we’ll go out and spend more and then it will all trickle down to the rest of you. But that has not worked the last 10 years, and I hope the American public is catching on. – Warren Buffett


199. “Most people get interested in stocks when everyone else is. The time to get interested is when no one else is. You can’t buy what is popular and do well.” – Warren Buffett


200. “Don’t work for money, make money work for you.” ― Warren Buffett


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


202. Forecasts may tell you a great deal about the forecaster; they tell you nothing about the future.


203. Widespread fear is your friend as an investor because it serves up bargain purchases.


204. “We don’t have to be smarter than the rest. We have to be more disciplined than the rest.” – Warren Buffett


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


206. “It’s never paid to bet against America. We come through things, but it is not always a smooth ride.”


207. We want products where people feel like kissing you instead of slapping you.”- Warren Buffett


208. “Forecasts may tell you a great deal about the forecaster; they tell you nothing about the future.”


209. Half of all coin-flippers will win their first toss; none of those winners has an expectation of profit if he continues to play the game.”


210. Price is what you pay value is what you get. – Warren Buffett


211. “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.”


212. “The more you learn, the more you earn.” – Warren Buffett


213. “The most important investment you can make is in yourself. Very few people get anything like their potential horsepower translated into the actual horsepower of their output in life. Potential exceeds realization for many people ... The best asset is your own self. You can become to an enormous degree the person you want to be.”— Warren Buffett


214. What we learn from history is that people don't learn from history.


215. “You need a stable personality, you need a temperament that neither derives great pleasure from being with the crowd or against the crowd. Because this is not a business where you take polls, it’s a business where you think,” he said in an interview.


216. “I am a better investor because I am a businessman, and a better businessman because I am an investor.”


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


218. 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


219. “Never lose your curiosity, and never stop learning. You can never know too much.”


220. “Wall Street is the only place that people ride to in a Rolls Royce to get advice from those who take the subway.” – Warren Buffett


221. Only when the tide goes out to do you discover who’s been swimming naked.” – Warren Buffett


222. “If you don’t know the Jewelry, know the Jeweller” ~ Warren Buffett


223. “I just sit in my office and read all day.” – Warren Buffett


224. “Never invest in a business you cannot understand.”


225. 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.


226. “Someone’s sitting in the shade today because someone planted a tree a long time ago.” — Warren Buffett, investor


227. You can’t produce a baby in one month by getting nine women pregnant.” – Warren Buffett


228. “I don’t look to jump over 7-foot bars — I look for 1-foot bars that I can step over.” – Warren Buffett, chairman and CEO of Berkshire Hathaway


229. “Predicting rain doesn’t count. Building arks does.”– Warren Buffett


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


231. The stock market is designed to transfer money from the active to the patient.” — Warren Buffett


232. Time is the friend of the wonderful company, the enemy of the mediocre.


233. Be prepared for any risks


234. “It takes 20 years to build a reputation and five minutes to ruin it. ” – Warren Buffett


235. “In my view a board of directors is derelict if it does not insist that its CEO bear full responsibility for risk control. If he’s incapable of handling that job, he should look for other employment. And if he fails at it, the financial consequences for him and his board should be severe. It has not been shareholders who have botched the operations of some of our country’s largest financial institutions. Yet they have borne the burden, with 90% or more of the value of their holdings wiped out in most cases of failure. Collectively, they have lost more than $500 billion in just the four largest financial fiascos of the last two years. To say these owners have been ‘bailed-out’ is to make a mockery of the term. The CEOs and directors of the failed companies, however, have largely gone unscathed. Their fortunes may have been diminished by the disasters they oversaw, but they still live in grand style. It is the behavior of these CEOs and directors that needs to be changed: If their institutions and the country are harmed by their recklessness, they should pay a heavy price – one not reimbursable by the companies they’ve damaged nor by insurance. CEOs and, in many cases, directors have long benefitted from oversized financial carrots; some meaningful sticks now need to be part of their employment picture as well.”


236. “It’s far better to buy a wonderful company at a fair price, than a fair company at a wonderful price.”


237. “The key is having more information than the other guy – then analysing it right and using it rationally.” ― Warren Buffett


238. Imagine that you had a car and that was the only car you'd have for your entire lifetime. Of course, you'd care for it well, changing the oil more frequently than necessary, driving carefully, etc. 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.


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


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


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


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


243. “I insist on a lot of time being spent, almost every day, to just sit and think. That is very uncommon in American business. I read and think. So I do more reading and thinking, and make less impulse decisions than most people in business. I do it because I like this kind of life.” – Warren Buffett


244. I would say the most satisfying thing actually is watching my three children each pick up on their own interests and work many more hours per week than most people that have jobs at trying to intelligently give away that money in fields that they particularly care about. – Warren Buffett


245. “You only have to do a few things right in your life so long as you don’t do too many things wrong.” – Warren Buffett


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


247. “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.”


248. “We tend to let our subsidiaries operate on their own, without our supervising and monitoring them to any degree. That means we are sometimes late in spotting management problems and that both operating and capital decisions are occasionally made with which Charlie and I would have disagreed had we been consulted. Most of our managers, however, use the independence we grant them magnificently, rewarding our confidence by maintaining an owner-oriented attitude that is invaluable and too seldom found in huge organizations. We would rather suffer the visible costs of a few bad decisions than incur the many invisible costs that come from decisions made too slowly – or not at all – because of a stifling bureaucracy. We now have about 257,000 employees and literally hundreds of different operating units. We hope to have many more of each. But we will never allow Berkshire to become some monolith that is overrun with committees, budget presentations and multiple layers of management. Instead, we plan to operate as a collection of separately managed businesses, most of whose decision-making occurs at the operating level.”


249. “Never give up searching for the job that you are passionate about.” – Warren Buffett


250. “It takes 20 years to build a reputation and five minutes to ruin it.” – Warren Buffett


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


252. “Rule No.1: Never lose money. Rule No.2: Never forget rule No.1.” – Warren Buffett


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


254. Read 500 pages like this every day. That's how knowledge works. It builds up, like compound interest. All of you can do it, but I guarantee not many of you will do it.


255. Someone’s sitting in the shade today because someone planted a tree long time ago. - Warren Buffett


256. “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


257. Invest in as much of yourself as you can, you are your own biggest asset by far.” – Warren Buffett


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


259. “Someone is sitting in the shade today because someone planted a tree a long time ago.” —Warren Buffett, investor


260. “Don’t think you can outsmart the market,” he said. “Very few people should be active investors.” The keys to success, he said, are to refrain from buying and selling at precisely the wrong times – as most investors wind up doing – and to avoid the high trading fees that eat up profits. What most people should want is a cross-section of industry that will do well over time. So in the end, the best route for most of us “is to buy a low-cost index fund and to buy it over time.”


261. “Rule No.1: Never lose money. Rule No.2: Never forget rule No.1.”


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


263. Honesty is a very expensive gift. Don’t expect it from cheap people. – Warren Buffett


264. “The first rule is never lose money. The second rule is never forget rule one” is a famous investment rule by


265. “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, investor


266. “You are neither right nor wrong because the crowd disagrees with you. You are right because your data and reasoning are right.” – Warren Buffett


267. “Someone’s sitting in the shade today because someone planted a tree a long time ago.”


268. “There is nothing wrong with a ‘know nothing’ investor who realizes it. The problem is when you are a ‘know nothing’ investor, but you think you know something.”


269. Wall Street is the only place that people ride to in a Rolls Royce to get advice from those who take the subway.


270. “I will tell you how to become rich. Close the doors. Be fearful when others are greedy. Be greedy when others are fearful.”


271. “$81.5 billion of Warren Buffett’s $84.5 billion net worth came after his 65th birthday. Our minds are not built to handle such absurdities.”


272. 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.” – Warren Buffett


273. 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.


274. “You get a guy or a woman in charge of it—they’re personable, the directors like ’em—they don’t know what they’re doing. But they know how to put on an appearance. That’s the biggest single danger,” Mr. Buffett said.


275. The rich invest in time, the poor invest in money.” Warren Buffett


276. “Speculation is most dangerous when it looks easiest."


277. “We try to communicate with our owners directly and informatively. Our goal is to tell you what we would like to know if our positions were reversed. Additionally, we try to post our quarterly and annual financial information on the Internet early on weekends, thereby giving investors plenty of time during a non-trading period to digest just what has happened at our multi-faceted enterprise. These matters simply can’t be adequately summarized in a few paragraphs. Last year we saw how sound-bite reporting can go wrong. Given a few experiences we’ve had like that, you can understand why I prefer that our communications with you remain as direct and unabridged as possible.”


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


279. “..The first rule is not to lose. The second rule is not to forget the first rule..”


280. “In his investing, he has said he is governed by three easy rules: One, never lose money; two, never forget rule number one; and three, never go into debt.”


281. “Do not save what is left after spending; instead spend what is left after saving.” ― Warren Buffett


282. Success in investing doesn't correlate with IQ ... what you need is the temperament to control the urges that get other people into trouble in investing.


283. “At Berkshire Hathaway shareholder meeting in 2013 Warren Buffett said he's own 400 to 500 stocks during his life and made most of his money on 10 of them. Charlie Munger followed up: "If you remove just a few of Berkshire's top investments, its long-term track record is pretty average.”


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


285. “You know…you keep doing the same things and you keep getting the same result over and over again.”


286. “..it’s better to hang out with people better than you..”


287. American business -- and consequently a basket of stocks -- is virtually certain to be worth far more in the years ahead.


288. If a business does well, the stock eventually follows.


289. “It takes 20 years to build a reputation and five minutes to ruin it. If you think about that, you’ll do things differently.”


290. “Every saint has a past. Every sinner has a future.” – Warren Buffett


291. “..keep all your eggs in one basket but watch that basket closely..”


292. Hire Wisely


293. “Risk comes from not knowing what you’re doing.” ― Warren Buffett


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


295. “You can’t make a good deal with a bad person.”


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


297. The Stock Market is designed to transfer money from the Active to the Patient.” – Warren Buffett


298. “The first rule in investment is don’t lose. And the second rule in investment is don’t forget the first rule, and that’s all the rules there are.” - Warren Buffett


299. I think that both parties should declare the debt limit as a political weapon of mass destruction which can’t be used. I mean, it is silly to have a country that has 237 years building up its reputation and then have people threaten to tear it down because they’re not getting some other matter. – Warren Buffett


300. Never depend on single income. Make investments to create a second source.” – Warren Buffett


301. “Chains of habit are too light to be felt until they are too heavy to be broken.”


302. “Strategies for Influence” explores and shares the BIG IDEAS from the Leaders of Influence that can help you with your Career, Business, and Leadership. Click on any of the links below for a Min-MBA on the Big Ideas that have influenced our work and culture.


303. “The rich invest in time, the poor invest in money.” – Warren Buffett


304. 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.


305. “It takes 20 years to build a reputation and five minutes to ruin it.” —Warren Buffett


306. “If you’re not a little confused by what’s going on, you don’t understand it. We’re in sort of uncharted territory,” Mr. Munger said.


307. “..Your premium brand had better be delivering something special, or it’s not going to get the business..”


308. When trillions of dollars are managed by Wall Streeters charging high fees, it will usually be the managers who reap outsized profits, not the clients.” – Warren Buffett


309. I always knew I was going to be rich. I don't think I ever doubted it for a minute.


310. “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


311. There is nothing wrong with a 'know nothing' investor who realizes it. The problem is when you are a 'know nothing' investor but you think you know something.


312. “The Stock Market is designed to transfer money from the Active to the Patient.” – Warren Buffett


313. “An investor should act as though he had a lifetime decision card with just twenty punches on it.” – Warren Buffett


314. “Opportunity, Buffett knew, is where you find it. If you don’t try something, you can’t succeed. Energy and initiative count as much as talent and luck. Winners win because they work hard and hold onto their money.”


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


316. Success in investing doesn't correlate with IQ ... what you need is the temperament to control the urges that get other people into trouble in investing.


317. “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, investor


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


319. …not doing what we love in the name of greed is very poor management of our lives.


320. “If past history was all there was to the game, the richest people would be librarians.”


321. Do not save what is left after spending, but spend what is left after saving.” – Warren Buffett


322. When trillions of dollars are managed by Wall Streeters charging high fees, it will usually be the managers who reap outsized profits, not the clients.


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


324. “Someone's sitting in the shade today because someone planted a tree a long time ago.”


325. “No matter how great the talent or efforts, some things just take time.” – Warren Buffett


326. Buy into a company because you want to own it, not because you want the stock to go up.” – Warren Buffett


327. I had a great teacher in life, my father. But I had another great teacher in terms of profession in terms of Ben Graham. I was lucky enough to get the right foundation very early on. And then basically I didn't listen to anybody else. I just look in the mirror every morning and the mirror always agrees with me. And I go out and do what I believe I should be doing. And I'm not influenced by what other people think.


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


329. I don't look to jump over seven-foot bars; I look around for one-foot bars that I can step over. — Warren Buffett


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


331. 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.


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


333. After 25 years of buying and supervising a great variety of businesses, Charlie and I have not learned how to solve difficult business problems. What we have learned is to avoid them.” – Warren Buffett


334. If you're in the luckiest 1% of humanity, you owe it to the rest of humanity to think about the other 99%.


335. 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


336. “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


337. On the margin of safety, which means, don't try and drive a 9,800-pound truck over a bridge that says it's, you know, capacity: 10,000 pounds. But go down the road a little bit and find one that says, capacity: 15,000 pounds.


338. 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.


339. “Beware the investment activity that produces applause; the great moves are usually greeted by yawns.”


340. The investor of today does not profit from yesterday’s growth.


341. Solitaire


342. “Nothing sedates rationality like large doses of effortless money.”


343. “Remember that the stock market is a manic depressive.”


344. “Chains of habits are too light to be felt until they are too heavy to be broken.”


345. “The stock market is designed to transfer money from the active to the patient.”


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


347. “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.”


348. Diversification is protection against ignorance. It makes little sense if you know what you are doing.


349. “I tell college students, when you get to be my age you will be successful if the people who you hope to have love you, do love you.” – Warren Buffett


350. “Be fearful when others are greedy and to be greedy only when others are fearful.”


351. “I do think it is stupid for states to drive out their wealthiest citizens,” Mr. Munger said. “The old people don’t commit any crimes, they donate to the local charity. Who in the hell in their right mind would drive out the rich people? Florida and places like that are very shrewd, and places like California are being very stupid.”


352. “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


353. “Tell me who your heroes are and I’ll tell you who you’ll turn out to be.”


354. Whether we're talking about socks or stocks, I like buying quality merchandise when it is marked down.


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


356. If you don’t know jewelry, know the jeweler. – Warren Buffett


357. The more you learn, the more you earn. –Warren Buffett


358. I will tell you the secret to getting rich on Wall Street. You try to be greedy when others are fearful. And you try to be fearful when others are greedy. ” – Warren Buffett


359. “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.”


360. The more you learn, the more you earn. —Warren Buffett


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


362. “It takes 20 years to build a reputation and five minuted to ruin it. If you think about that you’ll do things differently.” – Warren Buffett


363. Only buy something that you’d be perfectly happy to hold if the market shuts down for ten years.” – Warren Buffett


364. Honesty is a very expensive gift, Don’t expect it from cheap people.” – Warren Buffett


365. “Rule No. 1 : Never lose money. Rule No. 2 : Never forget Rule No. 1.” – Warren Buffett


366. 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


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


368. “The investor of today does not profit from yesterday’s growth.”


369. “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 (Reader’s Digest Quotable Quotes, 2013)


370. Cash … is to a business as oxygen is to an individual: never thought about when it is present, the only thing in mind when it is absent.” – Warren Buffett


371. Lose money for the firm, and I will be understanding. Lose a shred of reputation for the firm, and I will be ruthless.


372. “There comes a time when you ought to start doing what you want. Take a job that you love. You will jump out of bed in the morning. I think you are out of your mind if you keep taking jobs that you don’t like because you think it will look good on your resume. Isn’t that a little like saving up sex for your old age?” – Warren Buffett


373. “It takes 20 years to build a reputation and five minutes to ruin it.” ~ Warren Buffett


374. Transparency


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


376. “Time is the friend of the wonderful company, the enemy of the mediocre.”


377. “It’s only when the tide goes out that you discover who’s been swimming naked.”


378. “At 86 and 79, Charlie and I remain lucky beyond our dreams. We were born in America; had terrific parents who saw that we got good educations; have enjoyed wonderful families and great health; and came equipped with a ‘business’ gene that allows us to prosper in a manner hugely disproportionate to that experienced by many people who contribute as much or more to our society’s well-being. Moreover, we have long had jobs that we love, in which we are helped in countless ways by talented and cheerful associates. Indeed, over the years, our work has become ever more fascinating; no wonder we tap-dance to work. If pushed, we would gladly pay substantial sums to have our jobs (but don’t tell the Comp Committee).”


379. We never want to count on the kindness of strangers in order to meet tomorrow’s obligations. When forced to choose, I will not trade even a night’s sleep for the chance of extra profits.” – Warren Buffett


380. 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.


381. “The first rule is never lose money. The second rule is never forget rule one” is a famous investment rule by


382. I will tell you the secret to getting rich on Wall Street. You try to be greedy when others are fearful. And you try to be fearful when others are greedy. ” – Warren Buffett


383. “Diversification is protection against ignorance. It makes little sense if you know what you are doing.”


384. “Read 500 pages like this every day. That’s how knowledge works. It builds up, like compound interest. All of you can do it, but I guarantee not many of you will do it.” – Warren Buffett


385. “..If you buy things you don’t need soon you will have to sell things you need..”


386. “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.”


387. The Stock Market is designed to transfer money from the Active to the Patient.” ~ Warren Buffett


388. “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.”


389. “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


390. “If you cannot control your emotions, you cannot control your money.” – Warren Buffett


391. Keep things simple and don't swing for the fences. When promised quick profits, respond with a quick no."


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


393. “Whenever he makes a mistake, he is the first to admit it and claim the blame. After one underperforming year, he told stockholders that they would have been better off if he had stayed at home all year instead of going to the office.”


394. “Someone’s sitting in the shade today because someone planted a tree a long time ago.” ~ Warren Buffett


395. It's far better to buy a wonderful company at a fair price, than a fair company at a wonderful price.


396. If you aren’t willing to own a stock for ten years, don’t even think about owning it for ten minutes.” – Warren Buffett


397. You know… you keep doing the same things and you keep getting the same result over and over again.


398. If you aren't thinking about owning a stock for 10 years, don't even think about owning it for 10 minutes.


399. “..it’s better to hang out with people better than you..”


400. Don’t Get Swept Up In The Hype


401. “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


402. “Diversification is a protection against ignorance. It makes very little sense for those who know what they’re doing.”


403. Risk comes from not knowing what you’re doing.” – Warren Buffett


404. “You can’t produce a baby in one month by getting nine women pregnant.” – Warren Buffett


405. You don't need to be a rocket scientist. Investing is not a game where the guy with the 160 IQ beats the guy with 130 IQ.


406. Someone’s sitting in the shade today because someone planted a tree a long time ago” – Warren Buffett


407. 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


408. 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.


409. It is a terrible mistake for investors with long-term horizons — among them pension funds, college endowments, and savings-minded individuals — to measure their investment ‘risk’ by their portfolio’s ratio of bonds to stocks,” – Warren Buffett


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


411. “Predicting rain doesn’t count. Building arks does.” — Warren Buffett


412. Do not save what is left after spending, but spend what is left after saving.” – Warren Buffett


413. “Risk comes from not knowing what you're doing.”


414. “You should invest in a business that even a fool can run, because someday a fool will.” - Warren Buffett


415. “Remember, self-promotion isn’t a sin. Sometimes it’s even necessary to get an idea accepted by a fearful or incredulous public. Great leaders don’t hesitate to call attention to their creations.”


416. Research Forensically Before Making a Decision


417. 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.


418. If you don’t feel comfortable making a rough estimate of the asset’s future earnings, just forget it and move on.” – Warren Buffett


419. “”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


420. Communicate openly and effectively


421. “Price is what you pay. Value is what you get.”


422. What an investor needs is the ability to correctly evaluate selected businesses. Note that word “selected”: you don’t have to be an expert on every company, or even many. You only have to be able to evaluate companies within your circle of competence. The size of that circle is not very important; knowing its boundaries, however, is vital. – Warren Buffett


423. The three most important words in investing are margin of safety.


424. “Someone is sitting in the shade today because someone planted a tree a long time ago.” – Warren Buffett, Business Magnate and CEO of Berkshire Hathaway


425. The stock market is designed to transfer money from the active to the patient.


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


427. “We don’t do that stuff at Berkshire,” Mr. Buffett said. “It’s built on autonomy.”


428. “Only when the tide goes out do you discover who’s been swimming naked.” – Warren Buffett


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


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


431. “What we learn from history is that people don’t learn from history.”


432. 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.


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


434. “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 BuffettCLICK TO TWEET


435. “It’s far better to buy a wonderful company at a fair price than a fair company at a wonderful price.”


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


437. “It takes twenty years to build a reputation and five minutes to ruin it.” Warren Buffett


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


439. “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


440. “Never give up searching for the job that you are passionate about”


441. “Losing some money is an inevitable part of investing and there is nothing you can do to prevent it.” ― Warren Buffett


442. 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.


443. I will tell you how to become rich. Close the doors. Be fearful when others are greedy. Be greedy when others are fearful. — Warren Buffett


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


445. The best chance to deploy capital is when things are going down.


446. “It takes 20 years to build a reputation and 5 minutes to ruin it. If you think about that, you’ll do things differently.” – Warren Buffett, CEO of Berkshire Hathaway


447. “As I write this Warren Buffett’s net worth is $84.5 billion. Of that, $84.2 billion was accumulated after his 50th birthday. $81.5 billion came after he qualified for Social Security, in his mid-60s.”


448. If you don’t find a way to make money while you sleep, you will work until you die.” – Warren Buffett


449. “The only question is whether you’re going to do it today or tomorrow. If you keep saying you’re going to do it tomorrow, you’ll never do it. You have to get on it today.” – Warren Buffett


450. 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.”


451. “Don’t get caught up with what other people are doing. Being a contrarian isn’t the key but being a crowd follower isn’t either. You need to detach yourself emotionally.” – Warren Buffett


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


453. 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.


454. Rule No. 1: Never lose money. Rule No. 2: Never forget Rule No. 1.” – Warren Buffett


455. “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


456. “Only buy something that you’d be perfectly happy to hold if the market shuts down for 10 years.” ―Warren Buffett


457. “I don’t look to jump over seven-foot bars; I look around for one-foot bars that I can step over.”


458. It's been an ideal period for investors: A climate of fear is their best friend. Those who invest only when commentators are upbeat end up paying a heavy price for meaningless reassurance.


459. “Take the high road; it’s far less crowded.” — Warren Buffett


460. “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


461. 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.


462. “Somebody once said that in looking for people to hire, you look for three qualities: integrity, intelligence, and energy. And if you don’t have the first, the other two will kill you. You think about it; it’s true. If you hire somebody without [integrity], you really want them to be dumb and lazy.” – Warren Buffett


463. The only question is whether you’re going to do it today or tomorrow. If you keep saying you’re going to do it tomorrow, you’ll never do it. You have to get on it today. – Warren Buffett


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


465. “It's only when the tide goes out that you discover who's been swimming naked.”


466. “..Never ask a barber if you need a haircut..”


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


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


469. This does not bother Charlie [Munger] and me. Indeed, we enjoy such price declines if we have funds available to increase our positions.


470. “There’s class warfare, all right, but it’s my class, the rich class, that’s making war, and we’re winning.” – Warren Buffett


471. The rich invest in time, the poor invest in money.” – Warren Buffett


472. Time is the friend of the wonderful business, the enemy of the mediocre. – Warren Buffett


473. “..The business schools reward difficult complex behavior more than simple behavior, but simple behavior is more effective..”


474. “..I never invest in anything that I don’t understand..”


475. “Only buy something that you’d be perfectly happy to hold if the market shut down for 10 years.”


476. “What the wise man does in the beginning, the fool does in the end” ― Warren Buffett


477. “Beware of geeks bearing formulas.”


478. Price is what you pay. Value is what you get.


479. “Blue-collar workers are the ones who make the world go round,” – Warren Buffett


480. It is not necessary to do extraordinary things to get extraordinary results. -Warren Buffett


481. Investors should remember that excitement and expenses are their enemies.


482. “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


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


484. You don’t need to be a rocket scientist. Investing is not a game where the guy with the 160 IQ beats the guy with 130 IQ.” – Warren Buffett


485. “I do think it is stupid for states to drive out their wealthiest citizens,” Mr. Munger said. “The old people don’t commit any crimes, they donate to the local charity. Who in the hell in their right mind would drive out the rich people? Florida and places like that are very shrewd, and places like California are being very stupid.”


486. Money is not everything. Make sure you earn a lot before speaking such nonsense.


487. “I would rather throw a viper down my shirtfront than hire a compensation consultant,” Mr. Munger once said.


488. “Wide diversification is only required when investors do not understand what they are doing.”


489. “If” by Rudyard Kipling.


490. The best thing that happens to us is when a great company gets into temporary trouble…We want to buy them when they’re on the operating table.” – Warren Buffett


491. Opportunities come infrequently. When it rains gold, put out the bucket, not the thimble.


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


493. Most people get interested in stocks when everyone else is. The time to get interested is when no one else is. You can't buy what is popular and do well.


494. “..the world does not belong to the pessimists..”


495. Speculation is most dangerous when it looks easiest.” – Warren Buffett


496. Making money isn’t the backbone of our guiding purpose; making money is the by-product of our guiding purpose. If you’re doing something you love, you’re more likely to put your all into it, and that generally equates to making money”. – Warren Buffett


497. “The stock market is designed to transfer money from the active to the patient.” — Warren Buffett


498. “It is not necessary to do extraordinary things to get extraordinary results.”- Warren Buffett


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


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

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