Risk comes from not knowing what you're doing.
"Warren Edward Buffett" is an American business magnate, investor and philanthropist. He was the most successful investor of the 20th century. Buffett is the chairman, CEO and largest shareholder of Berkshire Hathaway, and consistently ranked among the Forbes list of billionaires/world's wealthiest people. He was ranked as the world's wealthiest person in 2008 and as the third wealthiest in 2011. In 2012 Time (magazine)/Time named Buffett one of the world's most influential people.
Buffett is called the "Wizard of Omaha" or "Oracle of Omaha", or the "Sage of Omaha" and is noted for his adherence to value investing and for his personal frugality despite his immense wealth. Buffett is a notable philanthropist, having pledged to give away 99 percent of his fortune to philanthropic causes, primarily via the Gates Foundation. On April 11, 2012, he was diagnosed with prostate cancer, for which he successfully completed treatment in September 2012.If you enjoy these quotes, be sure to check out other famous businessmen! More Warren Buffett on Wikipedia.
I violated the Noah rule: Predicting rain doesn't count; building arks does.
I have great confidence in Joe Brandon's leadership abilities, reinsurance expertise, and financial skills, and look forward to working closely with him and General Re's next generation of leaders.
California needs to solve its economic problems, and Arnold Schwarzenegger is the engine that will solve those problems.
Most people get interested in stocks when everyone else is. The time to get interested is when no one else is. You can't buy what is popular and do well.
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.
Wide diversification is only required when investors do not understand what they are doing.
There seems to be some perverse human characteristic that likes to make easy things difficult.
If a business does well, the stock eventually follows.
Our favourite holding period is forever.
Price is what you pay. Value is what you get.
In evaluating people, you look for three qualities: integrity, intelligence, and energy. If you don't have the first, the other two will kill you.
The only time to buy these is on a day with no 'y' in it.
Only those who will be sellers of equities in the near future should be happy at seeing stocks rise. Prospective purchasers should much prefer sinking prices.
You only have to do a very few things right in your life so long as you don't do too many things wrong.
In the business world, the rearview mirror is always clearer than the windshield.
I don't look to jump over 7-foot bars; I look around for 1-foot bars that I can step over.
It's only when the tide goes out that you discover who's been swimming naked.
If you have a harem of 40 women, you never get to know any of them very well.