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Looking for some inspiration on investments? Let's hear it from the world's third-richest man- Warren Buffett.
Warren Buffett is generally recognised as the most successful investor in the world. His company, Berkshire Hathaway, has provided excellent returns for its shareholders over many decades. Warren Edward Buffett was born on August 30, 1930, and he is the only son in the family of Howard and Leila Stahl Buffett in Omaha, Nebraska.
Buffett’s money making ventures continued throughout his teen and high school years, and at the age of 16, he enrolled at the University of Pennsylvania to study business. He made his first investment at only 11 years old, and by 13, Warren Buffett was running his own business as a paperboy while selling his horse racing tip sheet.
Moreover, at thirteen, he filed his first Tax Return, with a thirty five dollar tax Deduction for his bike.
Let's have a look at the top 11 most inspiring quotes from Warren Buffett that will inspire you in your endeavors.
“Someone is sitting in the shade today because someone planted a tree a long time ago.” – Warren Buffett
"Our favorite holding period is forever." – Warren Buffett
"Never invest in a business you cannot understand." – Warren Buffett
"Rule No. 1 is never lose money. Rule No. 2 is never forget Rule No. 1." – Warren Buffett
"Price is what you pay. Value is what you get." – Warren Buffett
"You don't have to be a genius to invest well." – Warren Buffett
“We select such investments on a long-term Basis, weighing the same factors as would be involved in the purchase of 100% of an operating business:
(a) favorable long-term economic characteristics; (b) competent and honest management; (c) purchase price attractive when measured against the yardstick of value to a private owner; and (d) an Industry with which we are familiar and whose long-term business characteristics we feel competent to judge.” – Warren Buffett
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“Risk comes from not knowing what you’re doing.” – 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
“equities will do well over time — you just have to avoid getting excited when other people are getting excited.” – Warren Buffett
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