21 Warren Buffett Quotes To Live By
Enter the world of Warren Buffett, one of the most revered investors of our time, whose wisdom extends far beyond finance. Known for his practical insights and timeless advice, Warren Buffett’s quotes serve as guiding principles for success, wealth, and life in general. In this article, we’ve curated some of Buffett’s most profound and thought-provoking quotes, each offering a nugget of wisdom to inspire, motivate, and enrich your journey toward personal and professional fulfillment. So, sit back, absorb the wisdom, and let Warren Buffett’s timeless words illuminate your path to success.
1. On planning for the future
“Someone is sitting in the shade today because someone planted a tree a long time ago.”
2. On habits
“Chains of habit are too light to be felt until they are too heavy to be broken.”
3. On reputation
“It takes 20 years to build a reputation and give minutes to ruin it. If you think about that, you’ll do things differently.”
4. On value
“Price is what you pay. Value is what you get.”
5. On when to abandon ship
“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.”
6. On the company you keep
“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.”
7. On Wall St.
“Wall Street is the only place that people ride to in a Rolls Royce to get advice from those who take the subway.”
8. On prediction
“Predicting rain doesn’t count. Building arks does.”
9. On inspiration
“The best thing I did was to choose the right heroes.”
10. On hindsight
“In the business world, the rearview mirror is always clearer than the windshield.”
11. On making things difficult
“There seems to be some perverse human characteristic that likes to make easy things difficult.”
12. On self-reflection
“If you get to my age in life and nobody thinks well of you, I don’t care how big your bank account is, your life is a disaster.”
13. On betting on America
“It’s never paid to bet against America. We come through things but its not always a smooth ride.”
14. On trickle-down
“The rich are always going to say that, you know, just give us more money and we’ll go out and spend more and then it will all trickle down to the rest of you. But that has not worked the last 10 years, and I hope the American public is catching on.”
15. On the ‘inner scorecard’
“The big question about how people behave is whether they’ve got an inner scorecard or an outer scorecard. It helps if you can be satisfied with your inner scorecard.”
16. On children
“I would say the most satisfying thing actually is watching my three children each pick up on their own interests and work many more hours per week than most people that have jobs at trying to intelligently give away that money in fields that they particularly care about.”
17. On the difference between successful and really successful
“The difference between successful people and really successful people is that really successful people say no to almost everything.”
18. On when to stop
“The most important thing to do if you find yourself in a hole is to stop digging.”
19. On patience in investing
“The stock market is designed to transfer money from the active to the patient.”
20. On finding honesty
“Honesty is a very expensive gift. Don’t expect it from cheap people.”
21. On the responsibility of the 1%
“If you’re in the luckiest 1% of humanity, you owe it to the rest of humanity to think about the other 99%.”