Top 500 Warren Buffett Quotes (2024 Update)
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251. “Wide diversification is only required when investors do not understand what they are doing.”

— Warren Buffett

252. “An IPO is like a negotiated transaction – the seller chooses when to come public – and it’s unlikely to be a time that’s favourable to you.”

— Warren Buffett

253. “Benign neglect, bordering on sloth, remains the hallmark of our investment process.”

— Warren Buffett

254. “A lot of great fortunes in the world have been made by owning a single wonderful business. If you understand the business, you don’t need to own very many of them.”

— Warren Buffett

255. “The less prudence with which others conduct their affairs, the greater the prudence with which we should conduct our own affairs.”

— Warren Buffett

256. “Wall Street makes its money on activity. You make your money on inactivity.”

— Warren Buffett

257. “The real fortunes in this country have been made by people who have been right about the business they invested in, and not right about the timing of the stock market.”

— Warren Buffett

258. “My father was the best person i’ve ever known.”

— Warren Buffett

259. “I checked the actuarial tables, and the lowest death rate is among six-year-olds. So I decided to eat like a six-year-old.”

— Warren Buffett

260. “If you want your business to survive for 100 years, you’ve got to make it through every single day for 100 years. It’s not enough to do it 99.9% of the time.”

— Warren Buffett

261. “Possessing a powerful worldwide brand is essential for sustained success.”

— Warren Buffett

262. “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

263. “I am a better investor because I am a businessman, and a better businessman because I am no investor.”

— Warren Buffett

264. “You should invest in a business that even a fool can run, because someday a fool will.”

— Warren Buffett

265. “Remember that the stock market is manic-depressive.”

— Warren Buffett

266. “When you build a bridge, you insist that it can carry 30,000 pounds, but you only drive 10,000-pound trucks across it. And that same principle works in investing.”

— Warren Buffett

267. “When you get to my age, you’ll measure your success in life by how many of the people you want to have love you actually do love you. That’s the ultimate test of how you’ve lived your life.”

— Warren Buffett

268. “Anything can happen in stock markets and you ought to conduct your affairs so that if the most extraordinary events happen, that you’re still around to play the next day.”

— Warren Buffett

269. “Bad terminology is the enemy of good thinking.”

— Warren Buffett

270. “Knowing the edge of your competency is important. If you think you know more than you do, you will get in trouble.”

— Warren Buffett

271. “If the reason for doing something is that everyone else is doing it, it’s not a good enough reason.”

— Warren Buffett

272. “The best asset is your own self. You can become to an enormous degree the person you want to be.”

— Warren Buffett

273. “Well, I think the biggest mistake is not learning the habits of saving properly early. Because saving is a habit. And then, trying to get rich quick. It’s pretty easy to get well-to-do slowly. But it’s not easy to get rich quick.”

— Warren Buffett

274. “We can afford to lose money – even a lot of money. But we can’t afford to lose reputation – even a shred of reputation.”

— Warren Buffett

275. “A home is one of the most important assets that most people will ever buy. Homes are also where memories are made and you want to work with someone you can trust.”

— Warren Buffett

276. “Turnarounds seldom turn.”

— Warren Buffett

277. “Focus on your customers and lead your people as though their lives depend on your success.”

— Warren Buffett

278. “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

279. “The critical investment factor is determining the intrinsic value of a business and paying a fair or bargain price.”

— Warren Buffett

280. “The thing to do is to keep your mind when the world around you is losing theirs.”

— Warren Buffett

281. “The ability to say no is a tremendous advantage for an investor.”

— Warren Buffett

282. “I’m happy when I can spend every day doing the things that I like to do. That’s my luxury.”

— Warren Buffett

283. “Never get too hung up on mistakes.”

— Warren Buffett

284. “Writing a check separates a commitment from a conversation.”

— Warren Buffett

285. “Having a large amount of leverage is like driving a car with a dagger on the steering wheel pointed at your heart. If you do that, you will be a better driver. There will be fewer accidents but when they happen, they will be fatal.”

— Warren Buffett

286. “A very rich person should leave his kids enough to do anything, but not enough to do nothing.”

— Warren Buffett

287. “I measure success by how many people love me. And the best way to be loved is to be lo veable.”

— Warren Buffett

288. “If you gave me $100 billion and said take away the soft drink leadership of Coca-Cola in the world, I’d give it back to you and say it can’t be done.”

— Warren Buffett

289. “I like to go for cinches. I like to shoot fish in a barrel. But I like to do it after the water has run out.”

— Warren Buffett

290. “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

291. “When I take a look at a company’s annual report, if I don’t understand it, they don’t want me to understand it.”

— Warren Buffett

292. “Risk is a part of God’s game, alike for men and nations.”

— Warren Buffett

293. “There are three kinds of people: 1. Innovators. 2. Imitators. 3. Idiots.”

— Warren Buffett

294. “There is no perfect mathematical formula for pricing a business.”

— Warren Buffett

295. “A Company should be viewed as an unfolding movie, not as a still photograph.”

— Warren Buffett

296. “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

297. “Traditional wisdom is long on tradition and short on wisdom.”

— Warren Buffett

298. “If you invested in a very low cost index fund – where you don’t put the money in at one time, but average in over 10 years -you’ll do better than 90% of people who start investing at the same time.”

— Warren Buffett

299. “Stocks are the only thing that people are happy to buy when the price goes up.”

— Warren Buffett

300. “Never lie under any circumstances.”

— Warren Buffett