Happy 92nd Birthday To Warren Buffett!
To commemorate Warren Buffett’s birthday this year, I’m sharing 92 of Buffett’s greatest quotes for his 92 years of life so far!
As a Buffett fangirl and investing student for life, I strive to heed Buffett’s wisdom closely and include his teachings in my investing practice.
I hope you get something out of these quotes and let me know what’s your favorite one, I’d love to hear from you!
You can hear all 92 of them in the video and some of my favorite Warren Buffett quotes include:
“It’s far better to buy a wonderful company at a fair price, than a fair company at a wonderful price.”
“Keep all your eggs in one basket, but watch that basket closely.”
“Price is what you pay. Value is what you get.”
“Do not save what is left after spending; instead spend what is left after saving.”
“What counts for most people in investing vs saving is not how much they know, but rather how realistically they define what they don’t know.”
“You need to divorce your mind from the crowd. The herd mentality causes all these IQ’s to become paralyzed. I don’t think investors are now acting more intelligently, despite the intelligence. Smart doesn’t always equal rational.”
“An investor should act as though he had a lifetime decision card with just twenty punches on it.”
“What the wise do in the beginning, fools do in the end.”
“If you’ve been playing poker for half an hour and you still don’t know who the patsy is, you’re the patsy.”
“The best chance to deploy capital is when things are going down.”
“Opportunities come infrequently. When it rains gold, put out the bucket, not the thimble.”
“Only when the tide goes out do you discover who’s been swimming naked.”
“The most important investment you can make is in yourself.”
“Basically, when you get to my age, you’ll really measure your success in life by how many of the people you want to have love you actually do love you.”
“I was lucky enough to get the right foundation very early on. And I go out and do what I believe I should be doing. And I’m not influenced by what other people think.”
“I learned to go into business only with people whom I like, trust, and admire.”
“Tell me who your heroes are and I’ll tell you who you’ll turn out to be.”
“Risk comes from not knowing what you are doing.”
“Diversification is protection against ignorance. It makes little sense if you know what you are doing.”
“The difference between successful people and really successful people is that really successful people say no to almost everything.”
“Nothing sedates rationality like large doses of effortless money.”
“The stock market is a no-called-strike game. You don’t have to swing at everything — you can wait for your pitch.”
“Beware the investment activity that produces applause; the great moves are usually greeted by yawns.”
“Calling someone who trades actively in the market an investor is like calling someone who repeatedly engages in one-night stands a romantic.”
“The best thing is to learn from other guys’ mistakes. There are a lot of mistakes that I’ve repeated.”
“What we learn from history is that people don’t learn from history.”
“The investor of today does not profit from yesterday’s growth.”
“Today people who hold cash equivalents feel comfortable. They shouldn’t. They have opted for a terrible long-term asset, one that pays virtually nothing and is certain to depreciate in value.”
“The years ahead will occasionally deliver major market declines — even panics — that will affect virtually all stocks. No one can tell you when these traumas will occur.”
“So smile when you read a headline that says ‘Investors lose as market falls.’ Edit it in your mind to ‘Disinvestors lose as market falls—but investors gain.’ Though writers often forget this truism, there is a buyer for every seller and what hurts one necessarily helps the other.”
“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.”
If you’re interested in learning how to take control of your finances and start becoming an investor like Warren Buffett, check out my free PDF guide.
I look forward to making more investor friends! Add me on Instagram: michellemarki