top 32 quotes of warren buffet + his best photos

Why Warren?

The most successful

investor of the 20th

century.

Net worth $66.7 Billion.

The most humble

Billionaire.

....The humble billionaire

He bought an old damaged Linlcoln.

Because it was cheaper.  

I will tell you how to become rich. Close the

doors. Be fearful when

others are greedy. Be

greedy when others are

fearful.

It's far better to buy a wonderful company at a

fair price than a fair

company at a wonderful

price.

You don't need to be a rocket scientist. Investing is not a

game where the guy with the

160 IQ beats the guy with 130

IQ.

Can you answer Warren’s question?

My friend Tiger Woods had an extramarital scandal.

(happens, you know..) But can you guess how did

this affect the stock price of Electronic Arts?  

After all, you only find out who is

swimming naked when the tide goes

out.

Never test the depth of the river with both the feet .

Whether we’re talking about socks

or stocks, I like

buying quality

merchandise when

it is marked down.

I try to buy stock in businesses that are so

wonderful that an idiot

can run them. Because

sooner or later, one will.

Never depend on single income. Make investment

to make second source.

Time is the friend of the wonderful

business, the enemy

of the mediocre.

The best thing that happens to us is when

a great company gets

into temporary

trouble...We want to

buy them when they're on the operating table.

Should you find yourself in a chronically leaking boat,

energy devoted to changing

vessels is likely to be more

productive than energy

devoted to patching leaks.

There seems to be some perverse human characteristic

that likes to make things

difficult. The best Strategy is a

simple one.

It’s better to hang out with people better than

you. You’ll drift in that

direction eventually.

If I'd been born into a tribe of hunters, my tallent for

allocating capital would be

pretty worthless. I can't run

very fast. I'm not

particularly strong. I'd probably end up as some

wild animal's dinner.

It takes 20 years to build a reputation and five minutes

to ruin it. If you think about that, you’ll do things

differently.

Someone’s sitting in the shade today because someone planted

a tree a long time ago.

Let blockheads read what blockheads wrote.

Don’t pass up something

that’s attractive today

because you think you will

find something way more

attractive tomorrow.

Our approach is very much profiting from

lack of change

rather than from

change. With Wrigley

chewing gum, it's the lack of change that

appeals to me. I

don't think it is

going to be hurt by

the Internet. That's the kind of business

I like.

I don’t worry too much about pointing

fingers at the past. I

operate on the

theory that every

saint has a past, every sinner has a

future.

I’ve never swung at a ball while it’s still in

the pitcher’s glove.

You can’t make a

good deal with a bad

person.

No matter how great the talent or efforts, some things just take

time. You can’t product a baby in one month by getting nine

women pregnant.

The past is only useful to give you insights into the future, but

sometimes there’s no insight.

Problems in a company are like cockroaches in the kitchen. You will never

find just one.

If past history was all there was to the game, the richest

people would be librarians.

There's nothing material I want very much. And I'm going to give virtually

all of those claim checks to charity

when my wife and I die.

Success in investing doesn't correlate with I.Q. once you're above the level of

125. Once you have ordinary intelligence, what you need is the

temperament to control the urges that get other people into trouble in

investing.

Of the millionaires i have known, money just

brings out the basic

traits in them. If they

were jerks before they

had money, they are simply jerks with a

million dollars.

I read a lot: daily publications, annual reports, 10Ks, 10Qs, business magazines,

etc.

I killed the Dow. You ought to see the numbers. But I was

investing peanuts then. It's a huge structural advantage not to have a lot of money.

I think I could make you 50%

a year on $1 million. No, I know I could. I guarantee

that.

Thanks for reading..

.. But before you leave...

Go and check out the free learning app from my almost twin

brother George Soros.

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All the best!