Over 100 Timeless Wisdom Quotes from Warren Buffett

Summary

Warren Buffett, one of the most successful investors of all time, has shared numerous insights and wisdom on finance, investing, and life throughout his career. This article explores key quotes from Buffett that encapsulate his strategies and philosophies. Whether you're new to investing or seasoned in the field, Buffett's words offer timeless guidance on making smart decisions, understanding risk, and maintaining integrity. Through ten subtitles, you will find dozens of profound quotes that reflect his approach to navigating the complexities of economics and the stock market. From strategic investment tips to broader life lessons, these quotes are not just informative but also motivational. Let's delve into what Warren Buffett has to say and how his quotes can inspire you to better your financial and personal strategies.

Quotes on Investing

• "The best investment you can make is in yourself." – Warren Buffett
• "Price is what you pay. Value is what you get." – Warren Buffett
• "Risk comes from not knowing what you're doing." – Warren Buffett
• "It's far better to buy a wonderful company at a fair price than a fair company at a wonderful price." – Warren Buffett
• "The stock market is designed to transfer money from the Active to the Patient." – Warren Buffett
• "Our favorite holding period is forever." – Warren Buffett
• "Do not save what is left after spending, but spend what is left after saving." – Warren Buffett
• "Beware the investment activity that produces applause; the great moves are usually greeted by yawns." – Warren Buffett
• "Successful investing takes time, discipline, and patience." – Warren Buffett
• "Time is the friend of the wonderful business, the enemy of the mediocre." – Warren Buffett
• "Predicting rain doesn’t count. Building arks does." – Warren Buffett
• "In the business world, the rearview mirror is always clearer than the windshield." – Warren Buffett

Quotes on Risk

• "Risk comes from not knowing what you're doing." – Warren Buffett
• "Never invest in a business you cannot understand." – Warren Buffett
• "I never attempt to make money on the stock market. I buy on the assumption that they could close the market the next day and not reopen it for five years." – Warren Buffett
• "The greatest cause of risk in financial markets is when prices are highest." – Warren Buffett
• "Diversification is protection against ignorance." – Warren Buffett
• "Although it's necessary to act with confidence, it's just as imperative to avoid overconfidence." – Warren Buffett
• "It's not risk if you know what you're doing." – Warren Buffett
• "Never test the depth of water with both feet." – Warren Buffett
• "Risk is a part of God's game, alike for men and nations." – Warren Buffett
• "Invest sensibly and be willing to bet when the odds are heavily in your favor." – Warren Buffett
• "We don't have to be smarter than the rest; we have to be more disciplined than the rest." – Warren Buffett
• "The most important thing to do if you find yourself in a hole is to stop digging." – Warren Buffett

Quotes on Wealth

• "Never depend on a single income." – Warren Buffett
• "Wealth is the transfer of money from the impatient to the patient." – Warren Buffett
• "The rich invest in time, the poor invest in money." – Warren Buffett
• "Chains of habit are too light to be felt until they are too heavy to be broken." – Warren Buffett
• "It's not how much money we make that makes us rich, it's how we spend it." – Warren Buffett
• "Beware of the investment activity that produces applause; and remember, the great moves are usually greeted by yawns." – Warren Buffett
• "You only find out who is swimming naked when the tide goes out." – Warren Buffett
• "If you buy things you don’t need, soon you will have to sell things you need." – Warren Buffett
• "The more you learn, the more you earn." – Warren Buffett
• "In my view, there is a strong likelihood that fiscal deficits will lead to new taxes." – Warren Buffett
• "I worked for half of my net worth as a janitor." – Warren Buffett
• "Opportunities come infrequently. When it rains gold, put out the bucket, not the thimble." – Warren Buffett

Quotes on Business

• "Follow your instincts. You're never wrong about how you feel about something." – Warren Buffett
• "I don't look for the next job; I look for an interesting job." – Warren Buffett
• "The best thing I did was choose the right heroes." – Warren Buffett
• "In business, I go far enough that I know I'm doing the right thing in the long term." – Warren Buffett
• "I don't think the Pentagon could inspire me more than my living room." – Warren Buffett
• "Nobody can tell you what you need to know more than you need yourself." – Warren Buffett
• "If you can't communicate, it's like winking at a girl in the dark – nothing happens." – Warren Buffett
• "If you tell me where I will die, I won't go there." – Warren Buffett
• "If I decide I'm right, stay on offense." – Warren Buffett
• "It's not necessary to do extraordinary things to achieve extraordinary results." – Warren Buffett
• "Teach a man to fish, not to negotiate fish prices." – Warren Buffett
• "I always knew I wouldn't be a businessman because I couldn't make business calls." – Warren Buffett

Quotes on Character

• "You can’t make a good deal with a bad person." – Warren Buffett
• "Our favorite holding period is forever." – Warren Buffett
• "It is not necessary to do extraordinary things to get extraordinary results." – Warren Buffett
• "I always knew I was going to be rich. I don't think I ever doubted it for a minute." – Warren Buffett
• "You know... you keep doing the right things for a long time, you succeed." – Warren Buffett
• "You can't get rich overnight; it takes time and effort." – Warren Buffett
• "Integrity is a very important word." – Warren Buffett
• "Character is what you do in the dark." – Warren Buffett
• "I don't know what my personality is like; I've never had a psychiatrist." – Warren Buffett
• "I urge the wealthy to think beyond their own generation." – Warren Buffett
• "Be true to yourself and speak your mind clearly." – Warren Buffett
• "I create my own lane." – Warren Buffett

Quotes on Life Lessons

• "The best investment you can make is in yourself." – Warren Buffett
• "You only have to do a few things right in your life so long as you don't do too many things wrong." – Warren Buffett
• "It takes 20 years to build a reputation and five minutes to ruin it." – Warren Buffett
• "I will tell you how to become rich. Be fearful when others are greedy. Be greedy when others are fearful." – Warren Buffett
• "The most important investment you can make is in yourself." – Warren Buffett
• "Look for a job that you would take if you didn’t need a job; it’s the single best advice I ever got." – Warren Buffett
• "You’ve gotta keep control of your time, and you can’t unless you say no." – Warren Buffett
• "I don't think there's ever been a better time to be alive." – Warren Buffett
• "Know what you spend and why, and invest in things that really matter." – Warren Buffett
• "You should invest in great people." – Warren Buffett
• "The only thing standing between you and your goal is the story you keep telling yourself." – Warren Buffett
• "Without passion, you don't have energy, and without energy, you simply have nothing." – Warren Buffett

Quotes on Money

• "Never spend your money before you earn it." – Warren Buffett
• "Money is only a tool. It will take you wherever you wish, but it will not replace you as the driver." – Warren Buffett
• "The money is something you should in no way ask for when it’s time to show who you are." – Warren Buffett
• "I'm in no hurry to spend money." – Warren Buffett
• "Money has real value in two ways: the opportunity you save and the opportunity you create." – Warren Buffett
• "Instead of buying stuff, invest in experiences and knowledge." – Warren Buffett
• "Cash combined with courage in a time of crisis is priceless." – Warren Buffett
• "The rich invest in time, the poor invest in money." – Warren Buffett
• "It's not how much money we make that makes us rich; it's how we spend it." – Warren Buffett
• "I don't trust anyone’s judgment when it comes to making money." – Warren Buffett
• "Money won't create success, freedom to make it will." – Warren Buffett
• "Avoid risk, maximize opportunity." – Warren Buffett

Quotes on Leadership

• "The difference between successful people and very successful people is that very successful people say no to almost everything." – Warren Buffett
• "It's not necessary to do extraordinary things to get extraordinary results." – Warren Buffett
• "The most important thing to do if you find yourself in a hole is to stop digging." – Warren Buffett
• "A leader is someone who needs no followers because they have wisdom already." – Warren Buffett
• "In leadership roles, it’s vital to communicate your vision." – Warren Buffett
• "It's not a lack of talent that keeps many leaders from being successful; it's not knowing how to manage time." – Warren Buffett
• "Strategic leadership starts with knowing your strengths and weaknesses." – Warren Buffett
• "Leaders must be honest and open to build trust." – Warren Buffett
• "Be consistent in your actions and decisions." – Warren Buffett
• "Good leaders empower others." – Warren Buffett
• "Develop the habit of letting others be who they are." – Warren Buffett
• "Lead by example, not by demanding." – Warren Buffett

Quotes on Integrity

• "It takes 20 years to build a reputation and five minutes to ruin it." – Warren Buffett
• "I would not be so concerned with my reputation as others might be." – Warren Buffett
• "If you have integrity, nothing else matters." – Warren Buffett
• "Integrity is doing the right thing, even when no one is watching." – Warren Buffett
• "Honesty is a very expensive gift. Don't expect it from cheap people." – Warren Buffett
• "In looking for people to hire, look for three qualities: integrity, intelligence, and energy. If they don’t have the first, the other two will kill you." – Warren Buffett
• "True integrity occurs when you stand up not only for what’s right, but for those who may not be able to do so themselves." – Warren Buffett
• "Without integrity, you have nothing." – Warren Buffett
• "Trust is like the air we breathe. When it's present, nobody notices. When it's absent, everybody types notes about how much it’s missing." – Warren Buffett
• "Character is doing the right thing when nobody's looking." – Warren Buffett
• "Integrity is the foundation of leadership." – Warren Buffett
• "Don't lose your integrity. It's hard to regain once lost." – Warren Buffett

Quotes on Success

• "Success is not something you chase." – Warren Buffett
• "Success is getting what you want. Happiness is wanting what you get." – Warren Buffett
• "Success is achieved and maintained by those who try and keep trying." – Warren Buffett
• "Success in life is not always proportional to wealth, but it certainly helps." – Warren Buffett
• "Keep your dreams alive and keep pursuing them." – Warren Buffett
• "Success doesn't go to the person who has it all planned out; it goes to the person who gets up each day and does what's necessary to achieve it." – Warren Buffett
• "You can't predict the future success-wise, but you can decide on how hard you work today." – Warren Buffett
• "Success comes with setting efficient goals." – Warren Buffett
• "Always learn from your successes and failures." – Warren Buffett
• "Success removes fear; failure promotes it." – Warren Buffett
• "Success is not an accident." – Warren Buffett
• "No one plans for success; success comes when planning happens." – Warren Buffett

Final words

In conclusion, Warren Buffett's quotes offer invaluable insights into investing, wealth, leadership, integrity, and personal success. His wisdom reflects not only keen financial acumen but also a deep understanding of human psychology and the importance of character. By applying Buffett’s principles, individuals can become better investors and lead more balanced lives. Successful strategies often stem from simplicity, patience, and the courage to act against the crowd. Not only do his quotes provide guidance on making smart investment choices, but they also deliver timeless lessons on how to live a life anchored in integrity and purpose. As you ponder these thought-provoking words, choose the ones that resonate with you the most and apply them to your personal and financial journey for enduring success. Warren Buffett exemplifies that true wisdom encompasses far more than financial achievement – it is about making informed decisions, staying true to one’s values, and continuously investing in oneself. Let these quotes inspire and guide you in aspiring to greatness.