WB
Warren Buffett
10 quotesWarren Edward Buffett • 1930 - Present
Berkshire Hathaway
Chairman & CEO
Investment Philosophy
"Value investing with a focus on wonderful companies at fair prices, holding for the long term"
Biography
Warren Buffett, known as the 'Oracle of Omaha,' is widely considered the most successful investor of the 20th century. He began investing at age 11 and filed his first tax return at 13. After studying under Benjamin Graham at Columbia Business School, he developed his own investment philosophy combining Graham's value principles with a focus on quality businesses with durable competitive advantages. Under his leadership, Berkshire Hathaway has grown from a struggling textile company to a $700+ billion conglomerate.
Key Achievements
- •Grew Berkshire Hathaway's stock price by over 3,600,000% since 1965
- •One of the world's wealthiest people, pledged to give away 99% of wealth
- •Consistently outperformed the S&P 500 over 50+ years
- •Built Berkshire into a holding company worth over $700 billion
Notable Books
- 📚The Essays of Warren Buffett (compiled letters)
- 📚Berkshire Hathaway Annual Letters
Known For
Long-term value investingCircle of competenceEconomic moatsOwner-operator mentality
Quotes by Warren Buffett(10)
"Price is what you pay. Value is what you get."
Category: Value Investing
"It's far better to buy a wonderful company at a fair price than a fair company at a wonderful price."
Category: Value Investing
"Be fearful when others are greedy, and greedy when others are fearful."
Category: Market Psychology
"The most important quality for an investor is temperament, not intellect."
Category: Market Psychology
"The stock market is a device for transferring money from the impatient to the patient."
Category: Long-Term Thinking
"Our favorite holding period is forever."
Category: Long-Term Thinking
"Time is the friend of the wonderful company, the enemy of the mediocre."
Category: Long-Term Thinking
"Risk comes from not knowing what you're doing."
Category: Risk Management
"Wide diversification is only required when investors do not understand what they are doing."
Category: Risk Management
"Never invest in a business you cannot understand."
Category: Company Research