Warren Buffet Quotes and Thoughts

Following are the most Popular and Famous quotes by Warren Buffet on Stocks, Investment , Life, Individual Investor Tips:-

Warren Buffet Quotes on Stocks:

1. You can't make a good deal with a bad person.

2. Never ask a barber if you need a haircut.

3. Can you really explain to a fish what it's like to walk on land?

4. One day on land is worth a thousand years of talking about it, and one day running a business has exactly the same kind of value

5. It takes 20 years to build a reputation and five minutes to ruin it.

6. If you think about that you will do things differently.

7. It's better to hang out with people better than you.

8. Pick out associates whose behavior is better than yours and you'll drift in that direction.

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

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

11. The first rule is not to lose. The second rule is not to forget the first rule.

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

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.

15. You can't produce a baby in one month by getting nine women pregnant.

16. If you know a company is going to be around in 20 years, then its probably a good buy.

17. If a Business does well, the Stock eventually follows.

Warren Buffet Quotes on Investment:

1. 'Never invest in a business you cannot understand.

2. 'The first rule is not lose. The second rule is not to forget the first rule.'

3. 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.'

4. 'Diversification is a protection against ignorance. It makes very little sense for those who know what they're doing.'

5. 'I will tell you how to become rich. Close the doors. Be fearful when others are greedy. Be greedy when others are fearful.'

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

7. 'If you don't feel comfortable owning something for 10 years, then don't own it for 10 minutes.'

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

9. "I get to do what I like to do every single day of the year."

10. "Investing in yourself is the best thing you can do. Anything that improves your own talents; nobody can tax it or take it away from you. They can run up huge deficits and the dollar can become worth far less. You can have all kinds of things happen. But if you've got talent yourself, and you've maximized your talent, you've got a tremendous asset that can return ten-fold".

11."Most investors, both institutional and individual, will find that the best way to own common stocks is through an index fund that charges minimal fees."

12. "I will tell you how to become rich.

Close the doors. Be fearful when others are greedy. Be greedy when others are fearful."

13. 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.'

14. "In effect, our country has been behaving like an extraordinarily rich family that possesses an immense farm. In order to consume 4% more than we produce - that's the trade deficit - we have, day by day, been both selling pieces of the farm and increasing the mortgage on what we still own."

Warren Buffet Quotes on Life:

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

2. "The difference between successful people and very successful people is that very successful people say 'no' to almost everything."

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

4. "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."

Excellent Quotes by Warren Buffet:

On Earning: "Never depend on a single income. Make investment to create a second source."

On Spending: "If you buy things you do not need, soon you will have to sell things you need".

On Taking Risk: "Never test the depth of the water with both feet".

On Investment: "Do not put all eggs in one basket".

On Expectations: "Honesty is very expensive gift. Do not expect it from cheap people".

Buffett doesn't Disappoint:

His annual letter was replete with signature choice quotes.

On being too big to fail:

"Modest incompetence simply won't do; it's mindboggling screw-ups that are required."

On counterparty risk in derivatives:

"It's not just whom you sleep with, but also whom they are sleep with."

On Geico's investing opportunities:

Geico CEO "Tony [Nicely] and I feel like two hungry mosquitoes in a nudist camp. Juicy targets are everywhere.

On his age:

"I love running Berkshire, and if enjoying life promotes longevity, Methuselah's record is in jeopardy."

Warren Buffet Tips for Individual Investors:

1. "Look at stocks are parts of businesses. Ask yourself, 'How would I feel if the Stock Exchange was closing tomorrow for the next three years?' If I am happy owning the stock under that circumstance, I am happy with the business. That frame of mind is important to investing."

2. "The market is there to serve you and not to instruct you. It is not telling you whether you are right or wrong. The business results will determine that. I stole that one from [famed value investor] Ben Graham."

3. "You can't precisely know what a stock is worth, so leave yourself a margin of safety. Only go into things where you could be wrong to some extent and come out OK."

4. "Borrowed money is the most common way that smart guys go broke."

5. "The stock doesn't know you own it. you have feelings about it, but it has no feelings about you. The stock doesn't know what you paid. People shouldn't get emotionally involved with their stocks.