It is my belief that nearly any invented quotation, played with confidence, stands a good chance to deceive.
– Following the Equator
Warren Buffett –
The guru to almost every investor. The Chairman of Berkshire Hathaway, and also ranked by Forbes as the second richest person in the world.
- I buy expensive suits. They just look cheap on me.
- [The perfect amount of money to leave children is] enough money so that they would feel they could do anything, but not so much that they could do nothing.
- Long ago, Sir Isaac Newton gave us three laws of motion, which were the work of genius. But Sir Isaac’s talents didn’t extend to investing: He lost a bundle in the South Sea Bubble, explaining later, ‘I can calculate the movement of the stars, but not the madness of men.’ If he had not been traumatized by this loss, Sir Isaac might well have gone on to discover the Fourth Law of Motion: For investors as a whole, returns decrease as motion increases.
- Wall Street is the only place that people ride to work in a Rolls Royce to get advice from those who take the subway.
- You only have to do a very few things right in your life so long as you don’t do too many things wrong.
- Of the billionaires I have known, money just brings out the basic traits in them. If they were jerks before they had money, they are simply jerks with a billion dollars.
- Only when the tide goes out do you discover who’s been swimming naked.
- Keeping liquidity and not investing in such a low market is like saving up for sex in your old age.
- I will tell you how to become rich. Close the doors. Be fearful when others are greedy. Be greedy when others are fearful.
- If you don’t know jewellery, know the jeweller.