A quote by Warren Buffett (2024)

FAQs

A quote by Warren Buffett? ›

"Price is what you pay. Value is what you get." Buffett is widely celebrated as the greatest value investor of all time – and with good reason.

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

You never know who's swimming naked until the tide goes out. You can't produce a baby in one month by getting nine women pregnant.

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.”

Buffett's most commonly cited financial advice is as follows, “Rule №1: Never lose money. Rule №2: Never forget rule №1.” So, before investing, determine whether you can lose the money you're investing in.

1 – Never lose money. Let's kick it off with some timeless advice from legendary investor Warren Buffett, who said “Rule No. 1 is never lose money. Rule No. 2 is never forget Rule No.

Buffett showcased an interest in business and investing at a young age. He was inspired by a book he borrowed from the Omaha public library at age seven, One Thousand Ways to Make $1000. Much of Buffett's early childhood years were enlivened with entrepreneurial ventures.

See's Candies serves as a prototype dream company for Buffett as it embodies his investment philosophy of investing in businesses with a long-term competitive advantage, reliable cash flows and a customer-centric approach that values quality over quantity.

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.

It is measured in the legacy we leave behind for those we love and those we inspire."

Did Warren Buffett say money is not everything? ›

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

Benjamin Franklin: “Wealth is not his that has it, but his that enjoys it.” Andy Warhol: “Making money is art and working is art and good business is the best art.” Ayn Rand: “Money is only a tool. It will take you wherever you wish, but it will not replace you as the driver.

A: Five rules drawn from Warren Buffett's wisdom for potentially building wealth include investing for the long term, staying informed, maintaining a competitive advantage, focusing on quality, and managing risk.

Buffett said he revises his will every three years, and he still advises his wife to allocate 10% of her inheritance to short-term government bonds and 90% to 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.

This Berkshire Hathaway Home Services logo incorporates many of the stylistic components of the parent logo, yet it adds a little more creativity to the brand with its rounded letters and use of initials. With this logo's release came a new marketing campaign tagline that was also introduced, “Good to Know.”