Warren Buffett Quotes


 
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Best 56 Quotes by Warren Buffett – Page 1 of 2

“Be greedy when others are fearful, and fearful when others are greedy.”

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

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

“Every saint has a past. Every sinner has a future.”

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

“Games are won by players who focus on the playing field – not by those whose eyes are glued to the scoreboard.”

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

“I believe in giving my kids enough so they can do anything, but not so much that they can do nothing.”

“I don't look to jump over 7-foot bars: I look around for 1-foot bars that I can step over.”

“I skip to work.”

“I think that people underestimate — until they get older — they underestimate just how important habits are, and how difficult they are to change when you’re forty-five or fifty, and how important it is that you form the right ones when you’re young.”

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

“If you buy things you do not need, soon you will have to sell things you need.”

“If you don't find a way to make money while you sleep, you will work until you die.”

“If you've been playing poker for half an hour and you still don't know who the patsy is, you're the patsy.”

“If you’re going to be in this game for the long pull, which is the way to do it, you better be able to handle a fifty percent decline without fussing too much about it.

And so my lesson to all of you is, conduct your life so that you can handle the fifty percent decline with aplomb and grace.

Don’t try to avoid it. It will come. In fact, I would say if it doesn’t come, you’re not being aggressive enough.”

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“The behavior of termites, together with ants and bees, is a precursor to trust because they have an extraordinary ability to form relationships and sophisticated social structures based on mutual altruism even though individually they are fundamentally dumb. Money itself is a derivative of trust. If we can figure out how termites come together, then we may be able to better understand the underlying principles of market behavior — and make big money.”


More quotes by Jeffrey Epstein

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

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

“It is better to be approximately right than precisely wrong.”

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

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

“It's pretty easy to get well-to-do slowly. But it's not easy to get rich quick.”

“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.”

“Look at market fluctuations as your friend rather than your enemy;
profit from folly rather than participate in it.”

“My favorite holding period is forever.”

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

“Never test the depth of a river with both feet.”

“Not doing what we love in the name of greed is very poor management of our lives.”

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

“People will always try to stop you from doing the right thing if it is unconventional.”

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“There are only a few things investors can do to counteract risk: diversify adequately, hedge when appropriate, and invest with a margin of safety. It is a precisely because we do not and cannot know all the risks of an investment that we strive to invest at a discount. The bargain element helps to provide a cushion for when things go wrong.”


More quotes by Seth Klarman

 
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