Warren Buffett is a rich businessman, investor, and philanthropist from the United States.
Warren Buffett is regarded as one of the world’s most successful investors.
Related: John Bogle Quotes and Charlie Munger Quotes.
In this article, I have curated the most valuable quotes by Warren Buffett.
Best Warren Buffett Quotes
1. “If you don’t find a way to make money while you sleep, you will work until you die.” ~ (Warren Buffett).
2. “The difference between successful people and really successful people is that really successful people say no to almost everything.” ~ (Warren Buffett).
3. “Honesty is a very expensive gift. Don’t expect it from cheap people.” ~ (Warren Buffett).
4. “Price is what you pay. Value is what you get.” ~ (Warren Buffett).
5. “Risk comes from not knowing what you’re doing.” ~ (Warren Buffett).
6. “Games are won by players who focus on the playing field – not by those whose eyes are glued to the scoreboard.” ~ (Warren Buffett).
7. “Someone’s sitting in the shade today because someone planted a tree a long time ago.” ~ (Warren Buffett).
8. “Be fearful when others are greedy and greedy when others are fearful.” ~ (Warren Buffett).
9. “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).
10. “I always knew I was going to be rich. I don’t think I ever doubted it for a minute.” ~ (Warren Buffett).
11. “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).
12. “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).
13. “Opportunities come infrequently. When it rains gold, put out the bucket, not the thimble.” ~ (Warren Buffett).
14. “The most important thing to do if you find yourself in a hole is to stop digging.” ~ (Warren Buffett).
15. “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).
16. “Wall Street is the only place that people drive to in a Rolls Royce to take advice from people who ride the subway.” ~ (Warren Buffett).
17. “You can’t produce a baby in one month by getting nine women pregnant.” ~ (Warren Buffett).
18. “In the business world, the rearview mirror is always clearer than the windshield.” ~ (Warren Buffett).
19. “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).
20. “There seems to be some perverse human characteristic that likes to make easy things difficult.” ~ (Warren Buffett).
21. “Rule No. 1: Never lose money. Rule No. 2: Never forget Rule No. 1.” ~ (Warren Buffett).
22. “Accounting is the language of business.” ~ (Warren Buffett).
Warren Buffett Investing Quotes
23. “If you cannot control your emotions, you cannot control your money.” ~ (Warren Buffett).
24. “It’s good to learn from your mistakes. It’s better to learn from other people’s mistakes.” ~ (Warren Buffett).
25. “We don’t have to be smarter than the rest. We have to be more disciplined than the rest.” ~ (Warren Buffett).
26. “Investing in yourself is the best thing you can do. If you’ve got talents, no one can take them from you.” ~ (Warren Buffett).
27. “Never ask a barber if you need a haircut.” ~ (Warren Buffett).
28. “The greatest investment a young person can make is in their own education, in their own mind. Because money comes and goes. Relationships come and go. But what you learn once stays with you forever.” ~ (Warren Buffett).
29. “Always invest for the long term.” ~ (Warren Buffett).
30. “If you aren’t thinking about owning a stock for ten years, don’t even think about owning it for ten minutes.” ~ (Warren Buffett).
31. “Keep all your eggs in one basket, but watch that basket closely.” ~ (Warren Buffett).
32. “In the world of business, the people who are most successful are those who are doing what they love.” ~ (Warren Buffett).
33. “If you buy things you do not need, soon you will have to sell things you need.” ~ (Warren Buffett).
34. “Never depend on single income. Make investment to create a second source.” ~ (Warren Buffett).
35. “Life is like a snowball. The important thing is finding wet snow and a really long hill.” ~ (Warren Buffett).
Top Warren Buffett Quotes
36. “If past history was all that is needed to play the game of money, the richest people would be librarians.” ~ (Warren Buffett).
37. “What the wise do in the beginning, fools do in the end.” ~ (Warren Buffett).
38. “An investor should act as though he had a lifetime decision card with just twenty punches on it.” ~ (Warren Buffett).
39. “A public-opinion poll is no substitute for thought.” ~ (Warren Buffett).
40. “Forecasts may tell you a great deal about the forecaster; they tell you nothing about the future.” ~ (Warren Buffett).
41. “We all make mistakes. If you can’t make mistakes, you can’t make decisions. I’ve made a lot bigger mistakes myself.” ~ (Warren Buffett).
42. “What we learn from history is that people don’t learn from history.” ~ (Warren Buffett).
43. “The best investment you can make is in yourself.” ~ (Warren Buffett).
44. “I am not a businessman, I am an artist.” ~ (Warren Buffett).
45. “I learned to go into business only with people whom I like, trust, and admire.” ~ (Warren Buffett).
46. “If book knowledge made great investors, than the librarians would all be rich.” ~ (Warren Buffett).
47. “Don’t pass up something that’s attractive today because you think you will find something way more attractive tomorrow.” ~ (Warren Buffett).
48. “You never know who’s swimming naked until the tide goes out.” ~ (Warren Buffett).
49. “The first rule is not to lose. The second rule is not to forget the first rule.” ~ (Warren Buffett).
50. “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).
51. “Either they’re trying to con you or they’re trying to con themselves.” ~ (Warren Buffett).
52. “Invest in as much of yourself as you can, you are your own biggest asset by far.” ~ (Warren Buffett).
53. “Read 500 pages every day. That’s how knowledge works. It builds up like compound interest.” ~ (Warren Buffett).
54. “Only when the tide goes out do you discover who’s been swimming naked.” ~ (Warren Buffett).
55. “The key to success is emotional stability.” ~ (Warren Buffett).
56. “Take the high road; it’s far less crowded.” ~ (Warren Buffett).
57. “If you want to soar like an eagle in life, you can’t be flocking with the turkeys.” ~ (Warren Buffett).
58. “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.” ~ (Warren Buffett).
59. “Investing is simple, but not easy.” ~ (Warren Buffett).
60. “The secret to happiness is having low expectations.” ~ (Warren Buffett).
61. “Trust is like the air we breathe – when it’s present, nobody really notices; when it’s absent, everybody notices.” ~ (Warren Buffett).
62. “Larger sums may be an advantage at some cases and a disadvantage at others.” ~ (Warren Buffett).
63. “Money is not everything. Make sure you earn a lot before speaking such nonsense.” ~ (Warren Buffett).
64. “Earnings can be pliable as putty when a charlatan heads the company reporting them.” ~ (Warren Buffett).
65. “You can’t make a good deal with a bad person.” ~ (Warren Buffett).
66. “Intensity is the price of excellence.” Warren Buffett
67. “Never depend on a single source of income.” ~ (Warren Buffett).
68. “The rich invest in time, the poor invest in money.” ~ (Warren Buffett).
69. “The Noah rule: Predicting rain doesn’t count; building arks does.” ~ (Warren Buffett).
70. “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).
71. “Failure comes from ego, greed, envy, fear, imitation. I have success not because I am smart, but because I am rational.” ~ (Warren Buffett).
Famous Warren Buffett Quotes
72. “Never test the depth of river with both the feet.” ~ (Warren Buffett).
73. “Very successful people say no to almost everything.” ~ (Warren Buffett).
74. “Cash combined with courage in a time of crisis is priceless.” ~ (Warren Buffett).
75. “They say the chains of habit are too light to be felt until they are too heavy to be broken. The chains you put around yourself now have enormous consequences as you go through life.” ~ (Warren Buffett).
76. “If you lose money for the firm, I will be forgiving. If you lose reputation, I will be ruthless.” ~ (Warren Buffett).
77. “We’ve used up a lot of bullets. And we talk about stimulus. But the truth is, we’re running a federal deficit that’s 9 percent of GDP. That is stimulative as all get out. It’s more stimulative than any policy we’ve followed since World War II.” ~ (Warren Buffett).
78. “The greatest Enemies of the Equity investor are Expenses and Emotions.” ~ (Warren Buffett).
79. “Investing requires qualities of temperament way more than it requires qualities of intellect.” ~ (Warren Buffett).
80. “Whatever you like to do, make it a hobby and whatever the world likes to do, make it a business.” ~ (Warren Buffett).
81. “Nevertheless, as circumstances presently appear, I feel substantially greater size is more likely to harm future results than to help them. This might not be true for my own personal results, but it is likely to be true for your results.” ~ (Warren Buffett).
82. “Diversification may preserve wealth, but concentration builds wealth.” ~ (Warren Buffett).
83. “We enjoy the process far more than the proceeds.” ~ (Warren Buffett).
84. “It’s much easier to stay out of trouble now than to get out of trouble later.” ~ (Warren Buffett).
85. “The wise man once said invest young.” ~ (Warren Buffett).
86. “Diversification is protection against ignorance. It makes little sense if you know what you are doing.” ~ (Warren Buffett).
87. “If you can’t communicate and talk to other people and get across your ideas, you’re giving up your potential.” ~ (Warren Buffett).
88. “Never invest in a business you can’t understand.” ~ (Warren Buffett).
89. “My favorite holding period is forever.” ~ (Warren Buffett).
90. “It is not necessary to do extraordinary things to get extraordinary results.” ~ (Warren Buffett).
91. “It’s far better to buy a wonderful company at a fair price than a fair company at a wonderful price.” ~ (Warren Buffett).
92. “When people tell me they’ve learned from experience, I tell them the trick is to learn from other people’s experience.” ~ (Warren Buffett).
93. “Time is your friend, impulse is your enemy. Take advantage of compound interest and don’t be captivated by the siren song of the market.” ~ (Warren Buffett).
94. “Investment must be rational; if you can’t understand it, don’t do it.” ~ (Warren Buffett).
95. “Taking jobs to build up your resume is the same as saving up sex for old age.” ~ (Warren Buffett).
96. “There’s no use running if you’re on the wrong road.” ~ (Warren Buffett).
97. “Asking for financial advice from a financial planner is like asking a barber if you need a haircut.” ~ (Warren Buffett).
98. “If you can’t read the scoreboard. You don’t know the score. If you don’t know the score, you can’t tell the winners from the losers.” ~ (Warren Buffett).
99. “I don’t look to jump over 7-foot bars: I look around for 1-foot bars that I can step over.” ~ (Warren Buffett).
100. “We don’t read other people’s opinions. We want to get the facts, and then think.” ~ (Warren Buffett).
101. “Focus alone is not enough; putting in the time to commit is also crucial to achieve success.” ~ (Warren Buffett).
102. “Tell me who your heroes are and I’ll tell you how you’ll turn out to be.” ~ (Warren Buffett).
103. “Chains of habit are too light to be felt until they are too heavy to be broken.” ~ (Warren Buffett).
104. “Everybody’s got a different circle of competence. The important thing is not how big the circle is. The important thing is staying inside the circle.” ~ (Warren Buffett).
105. “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).
106. “The most dangerous distractions are the ones you love, but that don’t love you back.” ~ (Warren Buffett).
107. “I try to buy stock in businesses that are so wonderful that an idiot can run them. Because sooner or later, one will.” ~ (Warren Buffett).
108. “I never try to predict the market.” ~ (Warren Buffett).
109. “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).
Inspiring Warren Buffett Quotes
110. “I made my first investment at age eleven. I was wasting my life up until then.” ~ (Warren Buffett).
111. “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).
112. “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).
113. “Our goal is to find an outstanding business at a sensible price, not a mediocre business at a bargain price.” ~ (Warren Buffett).
114. “What’s hot today isn’t likely to be hot tomorrow. The stock market reverts to fundamental returns over the long run. Don’t follow the herd.” ~ (Warren Buffett).
115. “If you’re in the luckiest 1 percent of humanity, you owe it to the rest of humanity to think about the other 99 percent.” ~ (Warren Buffett).
116. “A bull market is like sex. It feels best just before it ends.” ~ (Warren Buffett).
117. “Do not put all your eggs in one basket.” ~ (Warren Buffett).
118. “I do not like debt and do not like to invest in companies that have too much debt, particularly long-term debt. With long-term debt, increases in interest rates can drastically affect company profits and make future cash flows less predictable.” ~ (Warren Buffett).
119. “Equities will do well over time – you just have to avoid getting excited when other people are getting excited.” ~ (Warren Buffett).
120. “Investment philosophy is the clear understanding that by owning shares of stocks he owns businesses, not pieces of paper.” ~ (Warren Buffett).
121. “I’d rather have a $10 million business making 15 percent than a $100 million business making 5 percent.” ~ (Warren Buffett).
122. “Mr. Market is kind of a drunken psycho. Some days he gets very enthused, some days he gets very depressed. And when he gets really enthused you sell to him, and if he gets depressed, you buy from him. There’s no moral taint attached to that.” ~ (Warren Buffett).
123. “If you’ve been playing poker for half an hour and you still don’t know who the patsy is, you’re the patsy.” ~ (Warren Buffett).
124. “With each investment you make, you should have the courage and the conviction to place at least ten percent of your net worth in that stock.” ~ (Warren Buffett).
125. “With a wonderful business, you can figure out what will happen; you can’t figure out when it will happen. You don’t want to focus on when, you want to focus on what. If you’re right about what, you don’t have to worry about when.” ~ (Warren Buffett).
126. “The Stock Market is designed to transfer money from the Active to the Patient.” ~ (Warren Buffett).
127. “A single year’s performance is of minor importance and, good or bad, should never be taken seriously.” ~ (Warren Buffett).
128. “You shouldn’t own common stocks if a 50 percent decrease in their value in a short period of time would cause you acute distress.” ~ (Warren Buffett).
129. “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.” ~ (Warren Buffett).
130. “There are all kinds of businesses that Charlie and I don’t understand, but that doesn’t cause us to stay up at night. It just means we go on to the next one, and that’s what the individual investor should do.” ~ (Warren Buffett).
131. “Nothing sedates rationality like large doses of effortless money.” ~ (Warren Buffett).
132. “Gold gets dug out of the ground in Africa, or someplace. Then we melt it down, dig another hole, bury it again and pay people to stand around guarding it. It has no utility. Anyone watching from Mars would be scratching their head.” ~ (Warren Buffett).
133. “I find that the standard of living does not go up in proportion with the cost of living. The trick in life is to do things that are fun all the time.” ~ (Warren Buffett).
134. “When you combine ignorance and leverage, you get some pretty interesting results.” ~ (Warren Buffett).
135. “Over the years, a number of very smart people have learned the hard way that a long string of impressive numbers multiplied by a single zero always equals zero.” ~ (Warren Buffett).
Warren Buffett Quotes for Motivation
136. “You are lucky in life if you have the right heroes. I advise all of you, to the extent you can, to pick out a few heroes.” ~ (Warren Buffett).
137. “If at first you do succeed, quit trying on investing.” ~ (Warren Buffett).
138. “One’s objective should be to get it right, get it quick, get it out and get it over. Your problem won’t improve with age.” ~ (Warren Buffett).
139. “Take the probability of loss times the amount of possible loss from the probability of gain times the amount of possible gain. That is what we’re trying to do. It’s imperfect, but that’s what it’s all about.” ~ (Warren Buffett).
140. “We have usually made our best purchases when apprehensions about some macro event were at a peak. Fear is the foe of the faddist, but the friend of the fundamentalist.” ~ (Warren Buffett).
141. “No formula in finance tells you that the moat is 28 feet wide and 16 feet deep. That’s what drives academics crazy. They can compute standard deviations and betas, but they can’t understand moats.” ~ (Warren Buffett).
142. “In the insurance business, there is no statute of limitation on stupidity.” ~ (Warren Buffett).
143. “I would say that life at 84, I am having as much fun as I’ve ever had in my life. I mean I get to do what I love every day with the people I love and it just doesn’t get any better than that.” ~ (Warren Buffett).
144. “In our view, derivatives are financial weapons of mass destruction carrying dangers that, while latent, are potentially lethal.” ~ (Warren Buffett).
145. “We always live in an uncertain world. What is certain is that the United States will go forward over time.” ~ (Warren Buffett).
146. “There’s class warfare, all right, but it’s my class, the rich class, that’s making war, and we’re winning.” ~ (Warren Buffett).
147. “If knowing history made you rich, librarians would be billionaires.” ~ (Warren Buffett).
148. “We do not view the company itself as the ultimate owner of our business assets but instead view the company as a conduit through which our shareholders own assets.” ~ (Warren Buffett).
149. “In a difficult business, no sooner is one problem solved than another surface – never is there just one cockroach in the kitchen.” ~ (Warren Buffett).
150. “I could end the deficit in five minutes. You just pass a law that says that any time there’s a deficit of more than three percent of GDP, all sitting members of Congress are ineligible for re-election.” ~ (Warren Buffett).
151. “Like most trends, at the beginning, it’s driven by fundamentals, at some point speculation takes over. What the wise man does in the beginning, the fool does in the end.” ~ (Warren Buffett).
152. “Never risk what you have and need for what we don’t have and don’t need.” ~ (Warren Buffett).
153. “When investing, pessimism is your friend, euphoria the enemy.” ~ (Warren Buffett).
154. “Never give up searching for the job that you’re passionate about.” ~ (Warren Buffett).
155. “What the human being is best at doing is interpreting all new information so that their prior conclusions remain intact.” ~ (Warren Buffett).
156. “Investing is laying out money now to get more money back in the future.” ~ (Warren Buffett).
157. “Derivatives are financial weapons of mass destruction.” ~ (Warren Buffett).
158. “Exercise humility and restraint.” ~ (Warren Buffett).
159. “Mr. Market is your servant, not your guide.” ~ (Warren Buffett).
160. “By periodically investing in an index fund, the know-nothing investors can actually outperform most investment professionals.” ~ (Warren Buffett).
161. “No matter how great the talent or efforts, some things just take time.” ~ (Warren Buffett).
162. “A low-cost index fund is the most sensible equity investment for the great majority of investors. My mentor, Ben Graham, took this position many years ago, and everything I have seen since convinces me of its truth.” ~ (Warren Buffett).
163. “Enjoy your work and work for whom you admire.” ~ (Warren Buffett).
164. “It is more important to say “no” to an opportunity than to say “yes”.” ~ (Warren Buffett).
165. “A prediction about the direction of the stock market tells you nothing about where stocks are headed, but a whole lot about the person doing the predicting.” ~ (Warren Buffett).
166. “Energy deregulation will be the largest transfer of wealth in history.” ~ (Warren Buffett).
167. “You don’t need to have extraordinary effort to achieve extraordinary results. You just need to do the ordinary, everyday things exceptionally well.” ~ (Warren Buffett).
168. “Only when you combine sound intellect with emotional discipline do you get rational behavior.” ~ (Warren Buffett).
169. “Do what you would do for free, having passion for what you do is the most important thing.” ~ (Warren Buffett).
170. “Whether we’re talking about socks or stocks, I like buying quality merchandise when it is marked down.” ~ (Warren Buffett).
171. “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).
172. “It’s nice to have a lot of money, but you know, you don’t want to keep it around forever. I prefer buying things. Otherwise, it’s a little like saving sex for your old age.” ~ (Warren Buffett).
173. “Valuing a business is part art and part science.” ~ (Warren Buffett).
174. “Focus on return on equity, not earnings per share.” ~ (Warren Buffett).
175. “I have three boxes on my desk: In, Out, and Too Hard.” ~ (Warren Buffett).
176. “First come the innovators, then come the imitators, then come the idiots.” ~ (Warren Buffett).
177. “A great investment opportunity occurs when a marvelous business encounters a one-time huge, but solvable problem.” ~ (Warren Buffett).
178. “Other guys read Playboy. I read annual reports.” ~ (Warren Buffett).
179. “Look at market fluctuations as your friend rather than your enemy; profit from folly rather than participate in it.” ~ (Warren Buffett).
180. “People will always try to stop you from doing the right thing if it is unconventional.” ~ (Warren Buffett).
181. “Interest rates are to asset prices what gravity is to the apple. When there are low-interest rates, there is a very low gravitational pull on asset prices.” ~ (Warren Buffett).
182. “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).
183. “My wealth has come from a combination of living in America, some lucky genes, and compound interest.” ~ (Warren Buffett).
184. “Only buy something that you’d be perfectly happy to hold if the market shut down for 10 years.” ~ (Warren Buffett).
Short Warren Buffett Quotes
185. “Growth and value investing are joined at the hip.” ~ (Warren Buffett).
186. “Activity is the enemy of investment returns.” ~ (Warren Buffett).
187. “What’s nice about investing is you don’t have to swing at every pitch.” ~ (Warren Buffett).
188. “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).
189. “The plan itself is opportunism. There is no plan before that.” ~ (Warren Buffett).
190. “I really like my life. I’ve arranged my life so that I can do what I want.” ~ (Warren Buffett).
191. “Cultivate curiosity and strive to become a little wiser every day.” ~ (Warren Buffett).
192. “The trick is, when there is nothing to do, do nothing.” ~ (Warren Buffett).
193. “The reaction of weak management to weak operations is often weak accounting.” ~ (Warren Buffett).
194. “Things you like to do should be a hobby of yours, but things the world does should be a business of yours.” ~ (Warren Buffett).
195. “I checked the actuarial tables, and the lowest death rate is among six-year-olds. So I decided to eat like a six-year-old.” ~ (Warren Buffett).
196. “Managers and investors alike must understand that accounting numbers are the beginning, not the end, of business valuation.” ~ (Warren Buffett).
197. “The fundamental basis of above-average performance, in the long run, is a sustainable competitive advantage.” ~ (Warren Buffett).
198. “Beware of geeks bearing formulas.” ~ (Warren Buffett).
199. “Never count on making a good sale. Have the purchase price be so attractive that even a mediocre sale gives good results.” ~ (Warren Buffett).
200. “The one piece of advice I can give you is, do what turns you on. Do something that if you had all the money in the world, you’d still be doing it. You’ve got to have a reason to jump out of bed in the morning.” ~ (Warren Buffett).
201. “I read annual reports of the company I’m looking at and I read the annual reports of the competitors – that is the main source of material.” ~ (Warren Buffett).
