Rule No.1: Never lose money. Rule No.2: Never forget rule No.1. Warren Buffett View this quote
Many shall be restored that now are fallen and many shall fall that are now in honor. Warren Buffett
Warren Buffett
Market price, while used exclusively to value our investments in minority positions, is not a relevant factor when applied to our controlling interests. Warren Buffett
Market prices for stocks fluctuate at great amplitudes around intrinsic value but, over the long term, intrinsic value is virtually always reflected at some point in market price. Warren Buffett
Money will always flow toward opportunity, and there is an abundance of that in America. Warren Buffett
Most business mistakes are irreversible setbacks, but you get another chance. There are two things in life that you don’t get another chance at – marrying the wrong person and what you do with your children. Warren Buffett
My father was the best person i’ve ever known. Warren Buffett
My life couldn’t be happier. In fact, it’d be worse if I had six or eight houses. So, I have everything I need to have, and I don’t need any more because it doesn’t make a difference after a point. Warren Buffett
My wealth has come from a combination of living in America, some lucky genes, and compound interest. Warren Buffett
Never count on making a good sale. Have the purchase price be so attractive that even a mediocre sale gives good results. Warren Buffett
No formula in finance tells you that the moat is 28 feet wide and 16 feet deep. That’s what drives the academics crazy. They can compute standard deviations and betas, but they can’t understand moats. Warren Buffett
American business magnate, investor, and philanthropist
August 30th, 1930