Warren Buffett Success Quotes

Warren Buffett Success Quotes

Warren Buffett is one of the most successful business men in the world, with a staggering net worth of US$66.4 billion (May 2016) according to Forbes which means he is definitely someone to listen to when he dishes out some of the tips and advice that made him so successful in business. Sit back and relax as we go through some of his best success quotes.

1) Buffett’s Only Two Rules for investing

“Rule No. 1: Never lose money. Rule No. 2: Never forget rule No.1”

2) The Market Can Price Things Wrong

“Price is what you pay. Value is what you get.”

3) High Returns with Low Risk is the Key

“Risk comes from not knowing what you are doing.”

4) Get around the Right People

“It’s better to hang out with people better than you. Pick out associates whose behavior is better than yours and you’ll drift in that direction.

5) Its Easier to Look Back Than to Look Into the Future

“In the business world, the rearview mirror is always clearer than the windshield.”

6) Buy Wonderful Companies

“It’s far better to buy a wonderful company at a fair price, than a fair company at a wonderful price.”

7) Your Public Image and Reputation

“It takes 20 years to build a reputation and five minutes to ruin it. If you think about that, you’ll do things differently.”

8) Its OK to Dream Big

“I always knew I was going to be rich. I don’t think I ever doubted it for a minute.”

9) Invest for the Long Term

“Only buy something that you’d be perfectly happy to hold if the market shut down for 10 years.”

10) Buy It Thinking You Will Hold It Forever

“Our favorite holding period is forever.”

11) People Make Investing Seem More Difficult Than it Should

“The business schools reward difficult complex behavior more than simple behavior, but simple behavior is more effective.”

12) Doing nothing is often the Right Thing to Do

“You do things when the opportunities come along. I’ve had periods in my life when I’ve had a bundle of ideas come along, and I’ve had long dry spells. If I get an idea next week, I’ll do something. If not, I won’t do a damn thing.

13) On Finding Honesty in Others

“Honesty is a very expensive gift. Don’t expect it from cheap people.”

14) Appreciate Where You Came From

“Someone’s sitting in the shade today because someone planted a tree a long time ago.”

15) Give Back to Society

“If you’re in the luckiest 1% of humanity, you owe it to the rest of humanity to think about the other 99%.”

16) Don’t Make Investing Difficult

“There seems to be some perverse human characteristic that likes to make easy things difficult.”

17) Make Your Own Forecasts

“Forecasts may tell you a great deal about the forecaster; they tell you nothing about the future.”

18) Its Usually Best to Just Say “No”

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

19) Do What You Love

“In the world of business, the people who are most successful are those who are doing what they love.”

20) Actions vs. Results

“You know… you keep doing the same things and you keep getting the same result over and over again.”