150+ Warren Buffett Quotes On Investing, Life & Success

(Last Updated On: January 29, 2024)

Warren Buffett, an iconic figure in finance and life, has shared a treasure trove of wisdom through his enduring quotes. These quotes, which have become widely embraced, encapsulate his profound insights on investing, life, and the path to unparalleled success.

These most popular Warren Buffett quotes resonate because they distill complex ideas into simple, actionable insights. People use them as mantras to navigate the world of finance and life. They guide achieving long-term success, promoting patience, making well-thought-out decisions, and developing personally. These famous quotes by Warren Buffett are not just words; they are principles that have proven to be valuable and still inspire people from diverse backgrounds.

In this compilation of over 150 of Warren Buffett’s most popular quotes, we delve into his perspectives on investing wisely, living fully, and achieving success.

Most Popular Warren Buffett Quotes

Rule No.1: Never lose money. Rule No.2: Never forget rule No.1. – Warren Buffett


Price is what you pay. Value is what you get. – Warren Buffett


Risk comes from not knowing what you are doing. – Warren Buffett


We will have another bubble, but usually, you don’t get it the same way you got it before. – Warren Buffett

Wall Street is the only place that people ride to in a Rolls Royce to get advice from those who take the subway. – Warren Buffett


Someone’s sitting in the shade today because someone planted a tree a long time ago. – Warren Buffett


The stock market is a no-called-strike game. You don’t have to swing at everything — you can wait for your pitch. The problem when you’re a money manager is that your fans keep yelling, ‘Swing, you bum! – Warren Buffett


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. – Warren Buffett

Be fearful when others are greedy, and be greedy when others are fearful. – 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


The stock market is designed to transfer money from the impatient to the patient. – Warren Buffett

Look at market fluctuations as your friend rather than your enemy; profit from folly rather than participate in it. – 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


It takes 20 years to build a reputation and five minutes to ruin it. If you think about that, you’ll do things differently. – Warren Buffett


The most important thing to do if you find yourself in a hole is to stop digging. – Warren Buffett

Give your children enough money so that they would feel they could do anything, but not so much that they could do nothing. – Warren Buffett


A very rich person should leave his kids enough to do anything, but not enough to do nothing. – Warren Buffett


If you understood a business perfectly and the future of the business, you would need very little in the way of a margin of safety. So, the more vulnerable the business is, assuming you still want to invest in it, the larger the margin of safety you’d need. If you’re driving a truck across a bridge that says it holds 10,000 pounds and you’ve got a 9,800-pound vehicle, if the bridge is 6 inches above the crevice it covers, you may feel okay; but if it’s over the Grand Canyon, you may feel you want a little larger margin of safety…– Warren Buffett


The most important quality for an investor is temperament, not intellect. You need a temperament that neither derives great pleasure from being with the crowd or against the crowd. – Warren Buffett

Long ago, Ben Graham taught me that ‘Price is what you pay; value is what you get.’ Whether we’re talking about socks or stocks, I like buying quality merchandise when it is marked down. – Warren Buffett


Only buy something that you’d be perfectly happy to hold if the market shut down for 10 years. – Warren Buffett


Let us do or die. – Warren Buffett


When you get to my age,” he says, “you’ll really measure your success in life by how many of the people you want to have love you actually do love you. – Warren Buffett

The difference between successful people and really successful people is that really successful people say no to almost everything. – Warren Buffett


I used to buy a Coca-Cola six-pack for a quarter and sell them for a nickel each. I sold the Saturday Evening Post door to door. I sold the Ladies Home Journal. I had all kinds of little ventures, not all hugely successful I might add. I liked doing business early on. – Warren Buffett


It is not necessary to do extraordinary things to get extraordinary results. – Warren Buffett


It’s only when the tide goes out that you discover who’s been swimming naked. – Warren Buffett

Honesty is a very expensive gift, Don’t expect it from cheap people. ― 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


Money is not everything. Make sure you earn a lot before speaking such nonsense.― Warren Buffett


You only have to do very few things right in your life so long as you don’t do too many things wrong. – Warren Buffett


Don’t watch the market closely. – Warren Buffett


You can’t make a good deal with a bad person. – Warren Buffett


Opportunities come infrequently. When it rains gold, put out the bucket, not the thimble. – Warren Buffett


Remember that the stock market is a manic depressive. – Warren Buffett


We’re still in a recession. We’re not gonna be out of it for a while, but we will get out. – Warren Buffett


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. – Warren Buffett


I always knew I was going to be rich. I don’t think I ever doubted it for a minute. – Warren Buffett


Never invest in a business you cannot understand. – Warren Buffett


Always know who you’re dealing with. – Warren Buffett


I insist on a lot of time being spent, almost every day, to just sit and think. That is very uncommon in American business. I read and think. So I do more reading and thinking and make fewer impulse decisions than most people in the business. I do it because I like this kind of life. – Warren Buffett


The line separating investment and speculation, which is never bright and clear, becomes blurred still further when most market participants have recently enjoyed triumphs. Nothing sedates rationality like large doses of effortless money. After a heady experience of that kind, normally sensible people drift into behavior akin to that of Cinderella at the ball.

They know that overstaying the festivities — that is, continuing to speculate in companies that have gigantic valuations relative to the cash they are likely to generate in the future — will eventually bring on pumpkins and mice. But they nevertheless hate to miss a single minute of what is one helluva party. Therefore, the giddy participants all plan to leave just seconds before midnight. There’s a problem, though: They are dancing in a room in which the clocks have no hands. – Warren Buffett


Chains of habit are too light to be felt until they are too heavy to be broken. – Warren Buffett


Time is the friend of a wonderful company. – Warren Buffett


Of the billionaires 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 billion dollars. – Warren Buffett


Our favorite holding period is forever. – Warren Buffett


If you aren’t thinking about owning a stock for 10 years, don’t even think about owning it for 10 minutes. – Warren Buffett


Wide diversification is only required when investors do not understand what they are doing. – Warren Buffett


We don’t have to be smarter than the rest; we have to be more disciplined than the rest. – Warren Buffett


The business schools reward difficult complex behavior more than simple behavior, but simple behavior is more effective. – Warren Buffett


If you cannot control your emotions, you cannot control your money. – Warren Buffett


It’s class warfare; my class is winning, but they shouldn’t be. – Warren Buffett


The most important investment you can make is in yourself. – Warren Buffett


Successful investing takes time, discipline and patience. No matter how great the talent or effort, some things just take time: You can’t produce a baby in one month by getting nine women pregnant. – Warren Buffett


If you aren’t willing to own a stock for ten years, don’t even think about owning it for ten minutes. Put together a portfolio of companies whose aggregate earnings march upward over the years, and so also will the portfolio’s market value.? – Warren Buffett


If returns are going to be 7 or 8 percent and you’re paying 1 percent for fees, that makes an enormous difference in how much money you’re going to have in retirement. – Warren Buffett


I buy expensive suits. They just look cheap on me. – Warren Buffett


Beware the investment activity that produces applause; the great moves are usually greeted by yawns. – Warren Buffett


What we learn from history is that people don’t learn from history. – Warren Buffett


My aunt gave me a world almanac, so I memorized the population of all cities of any real size. I just like numbers. It’s not limited to business numbers at all. – Warren Buffett


After all, you only find out who is swimming naked when the tide goes out. – Warren Buffett


When we own portions of outstanding businesses with outstanding managements. – Warren Buffett


I don’t look to jump over 7-foot bars: I look around for 1-foot bars that I can step over. ― Warren Buffett


The smarter the journalists are, the better off society is. To a degree, people read the press to inform themselves – and the better the teacher, the better the student body. – Warren Buffett


The light can at any time go from green to red without pausing in yellow. – Warren Buffett


I just sit in my office and read all day. – Warren Buffett


Widespread fear is your friend as an investor because it serves up bargain purchases. – Warren Buffett


Calling someone who trades actively in the market an investor is like calling someone who repeatedly engages in one-night stands a romantic. – Warren Buffett


The best thing I did was to choose the right heroes. – Warren Buffett


You do things when the opportunities come along. I’ve had periods in my life when I’ve had a bundle of ideas come along, and I’ve had long dry spells. If I get an idea next week, I’ll do something. If not, I won’t do a damn thing. – Warren Buffett


If you’re in the luckiest 1% of humanity, you owe it to the rest of humanity to think about the other 99%.

Cash combined with courage in a time of crisis is priceless. – Warren Buffett


Always stay rational.Warren Buffett


Somebody once said that in looking for people to hire, you look for three qualities: integrity, intelligence, and energy. And if you don’t have the first, the other two will kill you. You think about it; it’s true. If you hire somebody without [integrity], you really want them to be dumb and lazy. – Warren Buffett


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. – Warren Buffett


When you combine ignorance and leverage, you get some pretty interesting results. – Warren Buffett


If past history was all there was to the game, the richest people would be librarians. – Warren Buffett


Tell me who your heroes are and I’ll tell you who you’ll turn out to be. – 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


There seems to be some perverse human characteristic that likes to make easy things difficult. – Warren Buffett


Forecasts may tell you a great deal about the forecaster; they tell you nothing about the future. – Warren Buffet


Never give up searching for the job that you’re passionate about. – Warren Buffett


If you buy things you don’t need, you will soon sell things you need. – Warren Buffett


Can you really explain to a fish what it’s like to walk on land? One day on land is worth a thousand years of talking about it, and one day running a business has exactly the same kind of value.

You can turn any investment into a bad deal by paying too much. What you can’t do is turn something into a good deal by paying little. – Warren Buffett


The key to investing is not assessing how much an industry is going to affect society, or how much it will grow, but rather determining the competitive advantage of any given company and, above all, the durability of that advantage. – Warren Buffett


The only way to get love is to be lovable. It’s very irritating if you have a lot of money. You’d like to think you could write a check: ‘I’ll buy a million dollars’ worth of love.’ But it doesn’t work that way. The more you give love away, the more you get.Warren Buffett


The years ahead will occasionally deliver major market declines — even panics — that will affect virtually all stocks. No one can tell you when these traumas will occur. – Warren Buffett


A public-opinion poll is no substitute for thought. – Warren Buffett


Diversification is a protection against ignorance. It makes very little sense for those who know what they’re doing. – Warren Buffett


I delivered about 500 000 papers and made an about a penny apiece. So I made about $5 000 delivering papers. – Warren Buffett


The investor of today does not profit from yesterday’s growth. – Warren Buffett


You should not buy any business and hold it for the long-run. Businesses with strong competitive advantages and quality management are preferred long-term holdings. – Warren Buffett


Not doing what we love in the name of greed is the very poor management of our lives.  ― Warren Buffett


Let blockheads read what blockheads wrote. – Warren Buffett


When major declines occur, they offer extraordinary opportunities to those who are not handicapped by debt,” Buffett wrote in a letter to Berkshire Hathaway’s shareholders in 2017, highlighting the argument against ever borrowing money to buy stocks. – Warren Buffett


I measure success by how many people love me. – Warren Buffett


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. – Warren Buffett


An investor should act as though he had a lifetime decision card with just twenty punches on it. – Warren Buffett


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.  – Warren Buffett


You know… you keep doing the same things and you keep getting the same result over and over again. – Warren Buffett


You’ve gotta keep control of your time, and you can’t unless you say no. You can’t let people set your agenda in life. – Warren Buffett


Buy a business, don’t rent stocks. – Warren Buffett


Bad things aren’t obvious when times are good. – Warren Buffett


I could end the deficit in 5 minutes. You just pass a law that says that anytime there is a deficit of more than 3% of GDP all sitting members of congress are ineligible for re-election. – Warren Buffett


Our approach is very much profiting from a lack of change rather than from change. With Wrigley chewing gum, it’s a 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. – Warren Buffett


If a business does well, the stock eventually follows. – Warren Buffet


The people who are most successful are those who are doing what they love. – Warren Buffet


We will reject interesting opportunities rather than over-leverage our balance sheet. – Warren Buffett


Do not save what is left after spending; instead, spend what is left after saving. – Warren Buffett


We always live in an uncertain world. What is certain is that the United States will go forward over time. – Warren Buffett


Never get too hung up on mistakes. – Warren Buffett


Without passion, you don’t have energy. Without energy, you have nothing. – Warren Buffett


It is more important to say ‘no’ to an opportunity than to say ‘yes. – Warren Buffett


My wealth has come from a combination of living in America, some lucky genes, and compound interest. – Warren Buffett


In the 20th century, the United States endured two world wars and other traumatic and expensive military conflicts; the Depression; a dozen or so recessions and financial panics; oil shocks; a flu epidemic; and the resignation of a disgraced president. – Warren Buffett


If you like spending six to eight hours per week working on investments, do it. If you don’t, then dollar-cost average into index funds. – Warren Buffett


I am quite serious when I say that I do not believe there are, on the whole earth besides, so many intensified bores as in these United States. No man can form an adequate idea of the real meaning of the word, without coming here. – Warren Buffett


[Benjamin] Graham would tell you that the market is there to serve you, not to inform you. And basically he would tell you that sometimes the market will be very, very wrong. And if you look at stock prices as buying pieces of businesses, you will be able to recognize when the market is very wrong. – Warren Buffett


We’ve long felt that the only value of stock forecasters is to make fortune-tellers look good. – Warren Buffett


Charlie and I would follow a buy-and-hold policy even if we ran a tax-exempt institution. – Warren Buffett


Watch this pickpocket! “A hyperactive stock market is the pickpocket of the enterprise.  ― Warren Buffett


When a management with a reputation for brilliance tackles a business with a reputation for bad economics, it is the reputation of the business that remains intact. – Warren Buffett


Stocks [have] been so much more attractive than bonds. – Warren Buffett


For the investor, a too-high purchase price for the stock of an excellent company can undo the effects of a subsequent decade of favorable business developments. – Warren Buffett


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 an Inner Scorecard. – Warren Buffett


A climate of fear is your friend when investing; a euphoric world is your enemy. – Warren Buffett


Americans are in a cycle of fear which leads to people not wanting to spend and not wanting to make investments, and that leads to more fear. We’ll break out of it. It takes time. – Warren Buffett


I have pledged — to you, the rating agencies and myself – to always run Berkshire with more ample cash. We never want to count on the kindness of strangers in order to meet tomorrow’s obligations. When forced to choose, I will not trade even a night’s sleep for the chance of extra profits. – Warren Buffett


Today people who hold cash equivalents feel comfortable. They shouldn’t. They have opted for a terrible long-term asset, one that pays virtually nothing and is certain to depreciate in value. – Warren Buffett


You ought to be able to explain why you’re taking the job you’re taking, why you’re making the investment you’re making, or whatever it may be. And if it can’t stand applying pencil to paper, you’d better think it through some more. And if you can’t write an intelligent answer to those questions, don’t do it. – Warren Buffett


I believe in giving my kids enough so they can do anything, but not so much that they can do nothing. – Warren Buffett


If you can tell me who your heroes are, I can tell you how you’re going to turn out. It’s really important to have the right heroes. – Warren Buffett


If you are in a poker game and after 20 minutes you don’t know who the patsy is, then you’re the patsy. – Warren Buffett


If calculus or algebra were required to be a great investor, I’d have to go back to delivering newspapers. – Warren Buffett


The important thing is to look for the job you would take if you didn’t need a job. – Warren Buffett


What an investor need are the ability to correctly evaluate selected businesses. Note that the word ‘selected’: You don’t have to be an expert on every company or even many. You only have to be able to evaluate companies within your circle of competence. The size of that circle is not very important; knowing its boundaries, however, is vital. – Warren Buffett


One can best prepare themselves for the economic future by investing in your own education. If you study hard and learn at a young age, you will be in the best circumstances to secure your future. – Warren Buffett


Your premium brand had better be delivering something special, or it’s not going to get the business. – Warren Buffett


My sales pitch wasn’t very effective. I was 20 years old, I looked like I was about 16 and probably behaved like I was about twelve. – Warren Buffett


You really don’t need leverage in this world much. If you’re smart, you’re going to make a lot of money without borrowing. – Warren Buffett


Stocks of companies selling commodity-like products should come with a warning label: ‘Competition may prove hazardous to human wealth. – Warren Buffett


The Greatest Enemies of Equity Investors are Expenses and Emotions. ― Warren Buffett


We enjoy the process far more than the proceeds. – Warren Buffett


It is a terrible mistake for investors with long-term horizons — among them pension funds, college endowments, and savings-minded individuals — to measure their investment ‘risk’ by their portfolio’s ratio of bonds to stocks. – Warren Buffett


All there is to invest is picking good stocks at good times and staying with them as long as they remain good companies. – Warren Buffett


I think that both parties should declare the debt limit as a political weapon of mass destruction which can’t be used. I mean, it is silly to have a country that has 237 years building up its reputation and then have people threaten to tear it down because they’re not getting some other matter. – Warren Buffett


I try to buy stock in businesses that are so wonderful that an idiot can run them. Because sooner or later, one will. – Warren Buffett


There are 309 million people out there that are trying to improve their lot in life. And we’ve got a system that allows them to do it. – Warren Buffett


I really like my life. I’ve arranged my life so that I can do what I want. – Warren Buffett


In the short term, the market is a popularity contest. In the long term, the market is a weighing machine.– Warren Buffett


If you can’t communicate and get your ideas across you’re giving up your potential. Learn how to communicate well. – Warren Buffett


Focus on your customers and lead your people as though their lives depend on your success. – Warren Buffett


Stop trying to predict the direction of the stock market; the economy, interest rates, or elections. – Warren Buffett


I tell college students when you get to be my age you will be successful if the people who you hope to have loved you, do love you. – Warren Buffett


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. – Warren Buffett


Keep things simple and don’t swing for the fences. When promised quick profits, respond with a quick, no. – Warren Buffett


An educational approach to money and investing struck me as a very good idea. People do form behavior habits very young in matters of money. I get calls every day from people who are in a financial hole. – Warren Buffett


I had to communicate with people better. I couldn’t go through life afraid of public speaking and I’d heard about the Dale Carnegie course. – Warren Buffett


A horse that can count to ten is a remarkable horse—not a remarkable mathematician. – Warren Buffett


Smart doesn’t always equal rational. To be a successful investor you must divorce yourself from the fears and greed of the people around you, although it is almost impossible. ― Warren Buffett


I think the most important factor in getting out of the recession actually is just the regenerative capacity of – of American capitalism. – Warren Buffett


Lose money for the firm, and I will be understanding. Lose a shred of reputation for the firm, and I will be ruthless. – Warren Buffett


By periodically investing in an index fund, the know-nothing investors can actually outperform most investment professionals. – Warren Buffett


We don’t get paid for activity, just for being right. As to how long we will wait, we’ll wait indefinitely. – Warren Buffett


I just think that – when a country needs more income and we do, we’re only taking in 15 percent of GDP, I mean, that – that – when a country needs more income, they should get it from the people that have it. – Warren Buffett


If you don’t find a way to make money while you sleep, you will work until you die.– Warren Buffett


Sound investing can make you very wealthy if you’re not in too big a hurry. – Warren Buffett


I have no idea on timing. It’s easier to tell what will happen than when it will happen. I would say that what is going on in terms of trade policy is going to have very important consequences. – Warren Buffett


Investing is like baseball. If you want to score runs, don’t study the scoreboard, study the playing field. – Warren Buffett


It’s a very strange thing, love: you can’t get rid of it. If you try to give it out you get more back. If you try to hang on to it, you lose it. – Warren Buffett


I had the intellect to succeed, but I didn’t have the persona. – Warren Buffett


If anything, taxes for the lower and middle class and maybe even the upper-middle class should even probably be cut further. But I think that people at the high end – people like myself – should be paying a lot more in taxes. We have it better than we’ve ever had it. – Warren Buffett


Success in investing doesn’t correlate with IQ … what you need is the temperament to control the urges that get other people into trouble in investing.. – Warren Buffett


For some reason, people take their cues from price action rather than from values. What doesn’t work is when you start doing things that you don’t understand or because they worked last week for somebody else. The dumbest reason in the world to buy a stock is because it’s going up. – Warren Buffett


It’s never paid to bet against America. We come through things, but it’s not always a smooth ride. – Warren Buffett


Never depend on a single income. Make investments to create a second source. – Warren Buffett


Things that you like to do should be a hobby of yours, but things the world like to do should be a business of yours. – Warren Buffett

Take a page from Buffett’s book of wisdom and apply these most popular Warren Buffett quotes to your journey towards success and fulfillment.

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