Looking for list of Warren Buffett quotes? Here are some of the popular quotes from Warren Buffett. Warren Buffett is one of the richest stock market investor in the world. Due to his successful investing, almost every investors are looking for an effective stock market investing strategies and advice from Warren Buffett. In my previous article, I wrote a topic about the different types of investments and I found out that the stock market investing is somewhat risky but it will give your money a good and high return if invested long term. If you want to know more about stocks investing, have to time to read – how to start investing in stocks.
In this article, before I will give you some of Warren Buffett quotes, let us first review the who is he and his company. Some of his recommended books you should read as a stock market investors are “Security Analysis” by Benjamin Graham, “The Intelligent Investor” by Benjamin Graham, “Common Stocks and Uncommon Profits” by Philip A. Fisher.
Which of these books is his favorite? Which of these books have you already read? I guess, “The Intelligent Investor”. Am I right? Because it is available in soft copy (PDF Files) eBook.
Who is Warren Buffett?
Let’s talk his biography (to be completed soon). His complete name is Warren Edward Buffett and known as one of the most successful investor in the world, especially as an investor. He is an American self-made billionaire live in the Omaha, NE, United States, a CEO of Berkshire Hathaway and known as a frugal man even though he is wealthy.
According to Forbes.com, Warren Buffett has a net worth of $67.6B as of September 30, 2014. (Date of this article was published).
Let us talk about Berkshire Hathaway Inc., It has two classes of common stock known as the Class A and Class B. The tickers “BRK-A” “BRK-B” at NYSE (New York Stock Exchange), financial sector, property and casualty insurance industry. Berkshire Hathaway is the 5th largest public company in the world according to Forbes Global 2000.
GEICO, Applied Underwriters, General Re, Kansas bankers Surety Company, National Indemnity Company, Central States Indemnity Company and Wesco Financial Corporation are some assets owned by Berkshire Hathaway for (insurance and finance sector).
Berkshire Hathaway is one of the most expensive stock in the world with a share price of $206, 900.00 as of September 30, 2014. Imagine if you invest your money last October 5, 2006 (Berkshire Hathaway share price is only $120,280) during September 2011.
Going back to the topic, what are the popular quotes or “advice” of Warren Buffett when it comes to money especially investing in the stock market. Some of the quotes can be also seen in my article “stock market today” as the game of the rich investors.
Warren Buffett Quotes on Taking Risk and Investing
Here are some of his very awesome quotes. Let us give them explanation one by one.
Warren Buffett Quotes on Investing Money, Success, Business, Leadership and Getting Rich
Quote #1: ” Rule No.1: Never lose money. Rule No.2: Never forget rule No.1″
It simply means, you are investing to gain money, make a profit, if you loosed money over and over, investing might not be for you.
Quote #2: “Risk comes from not knowing what you’re doing.”
This simply means, when it comes to risk management or identifying a risk in investing, an investor must “learn” everything, know everything before make an investment decision.
Quote #3: Price is what you pay. Value is what you get.
Talking about long term investing here.
Quote #4: I bought a company in the mid-’90s called Dexter Shoe and paid $400 million for it. And it went to zero. And I gave about $400 million worth of Berkshire stock, which is probably now worth $400 billion. But I’ve made lots of dumb decisions. That’s part of the game.
What about real value? I know you understand this quote. The risk and return, learn from investing mistakes.
Warren Buffett Quotes on Business and Getting Rich
Quote #5: In the business world, the rearview mirror is always clearer than the windshield.
When starting a business, you must have a clear and SPECIFIC goal and achieve that goal whatever it takes.
Quote #6: We simply attempt to be fearful when others are greedy and to be greedy only when others are fearful.
He analyze, he invest, he waits, but he don’t depend his investment decision to someone else. He has his own drive and instinct.
Quote #7: I always knew I was going to be rich. I don’t think I ever doubted it for a minute.
To become rich is very clear in his mind, he never doubt it. he declared to his inner self, that he will become “RICH”.
Trivia: He is very generous!
Do you know Warren Buffett is very generous, I knew it because he give a donation to our fellow Filipino blogger amounting to $100,000 last 2012 if I am not mistaken. I just read the blog and it was true. Warren Buffett gave $100,000 to a newly born child through PayPal.
Warren Buffett saw the photo of a newly born child in facebook page and he decide to give $100,000. He contacted the owner of the blog and Facebook page and inform the said donation.
I will post another popular Warren Buffett quotes some other time. I hope you learn many things in this article. For the meantime, please learn more about the types of investments.