10 Successful Investment Quotes by Warren Buffett. Anyone with even a cursory knowledge of investing and trading, or even a basic interest in the global economic games cannot escape the name of Warren Buffett, the “Oracle of Omaha”. Widely known as one of the most successful investors of all time, Buffet runs Berkshire Hathaway, which owns more than 60 successful companies – including insurer GEICO, restaurant chain Dairy Queen, battery maker Duracell.
Born on 30th August 1930, he is the son of a US Congressman. Buffett bought his first stock at the age of 11, and first filed taxes at the mere age of 13. His philanthropic endeavours are also highly spoken of, as he has donated over $41 billion, mostly to the Gates Foundations and his kids’ foundations. Additionally, he has promised to donate over 99% of his wealth. In 2010, Warren Buffett and Bill Gates launched the Giving Pledge. This effort is an invitation to billionaires, requesting them to commit at least half of their wealth to charitable causes.
An inspiration to many, Warren Buffett is truly a force to be reckoned with. Here are a few investment quotes straight from the horse’s mouth: 1.
“Rule No. 1: Never lose money. Rule No. 2: Never forget rule No. 1.”
Warren Buffett has always emphasised the need to stay rational and stick to your homework when researching businesses in which to invest.
“Beware the investment activity that produces applause; the great moves are usually greeted by yawns.” 2.
3.
“Price is what you pay. Value is what you get.”
In other words, don’t focus on short-term swings in price, focus on the underlying value of your investment. 4.
“Risk comes from not knowing what you’re doing.”
The success in one area which one understands, often incites temptation to cavalierly analyse another area, of which one has less knowledge. This temptation should be firmly resisted.
“It’s far better to buy a wonderful company for a fair price, than a fair company at a wonderful price.” 5.
This famous Buffett quote is very interesting, as frequently, value investors will pass on anything that they cannot get for a deeply discounted price.
“Only buy something that you’d be perfectly happy to hold if the market shuts down for 10 years.” 6.
This quote is Buffett’s advice for developing a long-term business strategy.
“The stock market is designed to transfer money from the active to the patient.” 7.
Don’t be impatient when it comes to your money…
“An investor should act as though he had a lifetime decision card with only twenty punches on it.” 8.
Never buy businesses with the sole intention of selling them. If you could only buy 10 or 20 stocks in a lifetime, you’d probably be a lot more careful with where you invest. 9.
“Time is the friend of the wonderful company, the enemy of the mediocre.”
“Forecasts may tell you a great deal about the forecaster; they tell you nothing about the future.” 10.
Make your own forecasts. Source: https://quotie.insightssuccess.com/10-successful-investment-quotes-by-warren-buffett/.