Warren Buffet is the king of investing. His company, Berkshire Hathaway is the most expensive stock traded today as class A shares sell for over $100,000 a share. Buffet has come from humble origins and maintains a rather humble lifestyle from his roots in Nebraska. The advice he gives has become legendary and his points on investing are always closely followed even if they may seem old fashioned. Implementing some of his advice may catapult you to great success in investing and just might be good for a well rounded individual.
11 Best Warren Buffet Quotes
“I try to buy stock in businesses that are so wonderful that an idiot can run them. Because sooner or later, one will.”
“It’s far better to buy a wonderful company at a fair price than a fair company at a wonderful price.”
“If past history was all there was to the game, the richest people would be librarians.”
“I am a huge bull on this country. We will not have a double-dip recession at all. I see our businesses coming back almost across the board.”
“It’s never paid to bet against America. We come through things, but its not always a smooth ride.”
“Look at market fluctuations as your friend rather than your enemy; profit from folly rather than participate in it.”
“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.”
“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.”
“Wide diversification is only required when investors do not understand what they are doing.”
“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.”
“Only buy something that you’d be perfectly happy to hold if the market shut down for 10 years.”
“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.”