Warren Buffett Quotes

I love reading Warren Buffett's letters, and I love contrasting his words with his actions. He's a very wise guy.

I've been called Mr. Patient Money because I have the patience to work through challenging circumstances.

No matter what business you're in, business is business, and financing and money are critical. I would have made a lot fewer mistakes if I had more schooling in that area.

If my strength is technology, financial structuring is my son's skill.

Albert Einstein when asked what he considered to be the most powerful force in the universe answered: Compound interest! What you have become is the price you paid to get what you used to want.

Great investors need to have the right combination of intuition, business sense and investment talent.

The person who I admire most in business is Warren Buffett. He is a long-term investor and has brilliant ideas, and he sticks to them.

Far too many of my peers were taken in by the jet-setting rock star lifestyle and didn't realise the money might not last forever - but I have always had an eye on the future and invest in a syndicate to share risk.

One of many strengths that I often see in successful women on Wall Street is a responsible balance between risk taking and risk mitigation - the ability to assess situations smartly and make the right medium-to-long-term decisions without being lured into reckless, short-term profit-taking.

All the math you need in the stock market you get in the fourth grade.

When asked how he became so successful in investing, Buffett answered: 'we read hundreds and hundreds of annual reports every year.

You have to be smarter and a wiser businessperson and consumer. You have to learn to protect yourself through education.

I think that survivorship bias, the survivorship bias is something I'm very acutely familiar with because of investing.

With poker, you have a resolution of the hand within a couple of minutes. Whereas, even if the thought process in investing is very much the same, you're looking at an outcome that could be 2, 3, 4, 5 years from when you make the original decision. And the mindset related to that is very different.

Children should be taught in school that you should have all kinds of asset classes in your portfolio. They should be taught what those asset classes are, and their advantages and disadvantages.

Don't be buying out of emotion. Buy less if you love something but feel it's a risky item. We don't want overstock. And remember: No profit, no fun!

Just because one happens to be wealthy, it doesn't mean you are naturally any good at building an investment operation that is world-class or successful.

Economics comes easily to me, and we all seek out what we do well in life. I had in mind becoming a businessman. And I was good at logic and reasoning; figures were comfortable inside my head.

I did get introduced to the financial markets while I was in college. And I think I learned also how to sort of filter out all of the nonrational, or nonsensible, noise and sort of concentrate on what matters, and that's really what markets are about.

Investing is not nearly as difficult as it looks. Successful investing involves doing a few things right and avoiding serious mistakes.

I studied finance and was a topper.

If you are going to be a great investor, you have to fit the style to who you are.

We shouldn't think anyone needs a Ph.D. in advanced investing in order to begin to invest.

Even at 10 years old, Jonathan and I started saying things like, 'Hey, what about this for the property?' And I remember my parents saying, 'You're 10. What do you know about real estate? Go play with toys.'

If you live in the digital economy, you have to be careful to have your investment thesis squarely bolted into your reality.