Top 500 Warren Buffett Quotes (2024 Update)
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151. “Taking jobs to build up your resume is the same as saving up sex for old age.”

— Warren Buffett

152. “Mr. Market is your servant, not your guide.”

— Warren Buffett

153. “I don’t look to jump over 7-foot bars: I look around for 1-foot bars that I can step over.”

— Warren Buffett

154. “Valuing a business is part art and part science.”

— Warren Buffett

155. “Never give up searching for the job that you’re passionate about.”

— Warren Buffett

156. “We don’t read other people’s opinions. We want to get the facts, and then think.”

— Warren Buffett

157. “What the human being is best at doing is interpreting all new information so that their prior conclusions remain intact.”

— Warren Buffett

158. “Energy deregulation will be the largest transfer of wealth in history.”

— Warren Buffett

159. “By periodically investing in an index fund, the know-nothing investors can actually outperform most investment professionals.”

— Warren Buffett

160. “Like most trends, at the beginning it’s driven by fundamentals, at some point speculation takes over. What the wise man does in the beginning, the fool does in the end.”

— Warren Buffett

161. “Whether we’re talking about socks or stocks, I like buying quality merchandise when it is marked down.”

— Warren Buffett

162. “The trick is, when there is nothing to do, do nothing.”

— Warren Buffett

163. “First come the innovators, then come the imitators, then come the idiots.”

— Warren Buffett

164. “When investing, pessimism is your friend, euphoria the enemy.”

— Warren Buffett

165. “A prediction about the direction of the stock market tells you nothing about where stocks are headed, but a whole lot about the person doing the predicting.”

— Warren Buffett

166. “Derivatives are financial weapons of mass destruction.”

— Warren Buffett

167. “No matter how great the talent or efforts, some things just take time.”

— Warren Buffett

168. “Exercise humility and restraint.”

— Warren Buffett

169. “A low-cost index fund is the most sensible equity investment for the great majority of investors. My mentor, Ben Graham, took this position many years ago, and everything I have seen since convinces me of its truth.”

— Warren Buffett

170. “Other guys read Playboy. I read annual reports.”

— Warren Buffett

171. “Enjoy your work and work for whom you admire.”

— Warren Buffett

172. “It is more important to say “no” to an opportunity, than to say “yes”.”

— Warren Buffett

173. “Interest rates are to asset prices what gravity is to the apple. When there are low interest rates, there is a very low gravitational pull on asset prices.”

— Warren Buffett

174. “A great investment opportunity occurs when a marvelous business encounters a one-time huge, but solvable problem.”

— Warren Buffett

175. “Focus on return on equity, not earnings per share.”

— Warren Buffett

176. “Only when you combine sound intellect with emotional discipline do you get rational behavior.”

— Warren Buffett

177. “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

178. “My wealth has come from a combination of living in America, some lucky genes, and compound interest.”

— Warren Buffett

179. “Only buy something that you’d be perfectly happy to hold if the market shut down for 10 years.”

— Warren Buffett

180. “Growth and value investing are joined at the hip.”

— Warren Buffett

181. “It is impossible to unsign a contract, so do all your thinking before you sign.”

— Warren Buffett

182. “I’ve seen more people fail because of liquor and leverage – leverage being borrowed money. 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

183. “It’s nice to have a lot of money, but you know, you don’t want to keep it around forever. I prefer buying things. Otherwise, it’s a little like saving sex for your old age.”

— Warren Buffett

184. “I have three boxes on my desk: In, Out, and Too Hard.”

— Warren Buffett

185. “I read annual reports of the company I’m looking at and I read the annual reports of the competitors – that is the main source of material.”

— Warren Buffett

186. “What’s nice about investing is you don’t have to swing at every pitch.”

— Warren Buffett

187. “Do what you would do for free, having passion for what you do is the most important thing.”

— Warren Buffett

188. “People will always try to stop you from doing the right thing if it is unconventional.”

— Warren Buffett

189. “Cash, though, is to a business as oxygen is to an individual: never thought about when it is present, the only thing in mind when it is absent. When bills come due, only cash is legal tender. Don’t leave home without it.”

— Warren Buffett

190. “Making money isn’t the backbone of our guiding purpose; making money is the by-product of our guiding purpose. If you’re doing something you love, you’re more likely to put your all into it, and that generally equates to making money.”

— Warren Buffett

191. “The stock market is a no-called-strike game. You don’t have to swing at everything – you can wait for your pitch.”

— Warren Buffett

192. “Activity is the enemy of investment returns.”

— Warren Buffett

193. “Look for companies with high profit margins.”

— Warren Buffett

194. “To win, the first thing you have to do is not lose.”

— Warren Buffett

195. “Cultivate curiosity and strive to become a little wiser every day.”

— Warren Buffett

196. “Do what you love and work for whom you admire the most, and you’ve given yourself the best chance in life you can.”

— Warren Buffett

197. “When it’s raining gold, reach for a bucket, not a thimble.”

— Warren Buffett

198. “The best education you can get is investing in yourself, and that doesn’t mean college or university.”

— Warren Buffett

199. “Buy companies with strong histories of profitability and with a dominant business franchise.”

— Warren Buffett

200. “The plan itself is opportunism. There is no plan before that.”

— Warren Buffett