A quote by Warren Buffett (2024)

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A quote by Warren Buffett? ›

"It's far better to buy a wonderful company at a fair price than a fair company at a wonderful price."

"Price is what you pay. Value is what you get."

In 2008, amid one of the most severe financial crises in recent history, legendary investor Warren Buffett, chairman of Berkshire Hathaway, shared a piece of timeless wisdom that would resonate with investors for generations to come: “Be fearful when others are greedy, and be greedy when others are fearful.”

"Rule No. 1: Never lose money. Rule No. 2: Never forget Rule No. 1."- Warren Buffet.

You needn't invest until you find an opportunity that you find attractive, one that meets your standards of potential reward for the risk you're taking. Again, Buffett counsels investors to wait until they find an opportunity that is unlikely to lose them money.

“Do not save what is left after spending, but spend what is left after saving.”

What is Warren Buffett known for? Warren Buffett, known as the "Oracle of Omaha," is an American businessman and philanthropist, widely considered the most successful investor of the 20th century. He has amassed a personal fortune of more than $60 billion by defying prevailing investment trends.

“The most important quality for an investor is temperament, not intellect.” A disciplined investor is a wealthy investor because they have learned that market fluctuations are normal and that patience pays off. In this quote, Buffett touches on the psychological nerve of most investment failures.

"Money is not everything. Make sure you earn a lot before speaking such nonsense."

Buffett's investment philosophy, characterized by simplicity and discipline, has yielded remarkable results over the years. Despite his exceptional ability to select winning stocks, he emphasizes the value of a diversified investment portfolio, warning against unnecessary risks.

What is Buffett's rule #1? ›

Buffett is seen by some as the best stock-picker in history and his investment philosophies have influenced countless other investors. One of his most famous sayings is "Rule No. 1: Never lose money.

What Is a 70/30 Portfolio? A 70/30 portfolio is an investment portfolio where 70% of investment capital is allocated to stocks and 30% to fixed-income securities, primarily bonds. Any portfolio can be broken down into different percentages this way, such as 80/20 or 60/40.

Buffett presented a three-step exercise to help streamline his focus. The first step was to write down his top 25 career goals. In the second step, Buffett told Flint to identify his top five goals from the list. In the final step, Flint had two lists: the top five goals (List A) and the remaining 20 (List B).

"The difference between successful people and really successful people is that really successful people say no to almost everything."

So Buffett says he reads around 5-6 hours daily, including newspapers, magazines, 10Ks, annual reports, and biographies. For Buffett, reading is priority number one. While most executives focus on networking or analyzing financials, Buffett dedicates the majority of his workday to reading.

The percentage may shock you.

Part of the cash would go directly to his wife and part to a trustee. He told the trustee to put 10% of the cash in short-term government bonds and 90% in a low-cost S&P 500 index fund.

“Invest for the long haul. Don't get too greedy and don't get too scared.” “Waiting helps you as an investor and a lot of people just can't stand to wait. If you didn't get the deferred-gratification gene, you've got to work very hard to overcome that.”

Buffett's approach prioritizes a "margin of safety," paying less than a company's intrinsic value to protect against losses. Quality over quantity: He avoids struggling businesses, preferring wonderful companies at fair prices.