- Price is what you pay. Value is what you get.
letter to partners, 20 January 1966, in Warren Buffett Speaks (2007)
- Be fearful when others are greedy, be greedy when others are fearful.
letter to shareholders 1986; L. A. Cunningham Essays of Warren Buffett (1998)
- Rule No 1: never lose money. Rule No 2: never forget rule No 1.
in Forbes 400 27 October 1986; Janet C. Lowe Warren Buffett Speaks (1997)
- Investment must be rational; if you can't understand it, don't do it.
usually quoted as ‘Never invest in a business you cannot understand’
in Forbes 400 21 October 1991
- It's only when the tide goes out that you learn who's been swimming naked.
at Berkshire Hathaway annual meeting, Omaha, 1993; Warren Buffet Speaks (1997)
- Risk comes from not knowing what you're doing.
in Omaha World-Herald 2 January 1994; Janet C. Lowe Warren Buffett Speaks (1997)
- A very rich person should leave his kids enough to do anything but not enough to do nothing.
quoted in Fortune Magazine (online edition) 25 June 2006
FAQs
What stocks does Warren Buffett own? ›
Top Warren Buffett Stocks By Size
- Bank of America (BAC), 1.03 billion.
- Apple (AAPL), 789.4 million.
- Coca-Cola (KO), 400 million.
- Kraft Heinz (KHC), 325.6 million.
- Occidental Petroleum (OXY), 248 million.
- American Express (AXP), 151.6 million.
- Chevron (CVX), 122.9 million.
4 days ago
What is Warren Buffett known for? Warren Buffett, known as the "Oracle of Omaha," is an American businessman and philanthropist, widely considered the most successful investor of the 20th century. He has amassed a personal fortune of more than $60 billion by defying prevailing investment trends.
How does Warren Buffett get rich? ›His fortune is largely tied to his investment company.
The vast majority of Buffett's net worth is tied to Berkshire Hathaway, his publicly traded conglomerate that owns businesses like Geico and See's Candies and holds multibillion-dollar stakes in companies like Apple and Coca-Cola.
From buying his first stock at the age of 11 to making his millions, then billions, of dollars, Buffett has been in the investing game a long time and has learned some hard lessons along the way.
Does Warren Buffett own Dairy Queen? ›Warren Buffett's Berkshire Hathaway acquired Dairy Queen for nearly $600 million in 1998.
What railroad does Warren Buffett own? ›For decades, Warren Buffett has reigned as one of the most-recognizable brands in American business. He leads BNSF's parent company, Berkshire Hathaway Inc., and his decisions play a large role in the direction of the rail industry. Buffett and Berkshire's reach extends into industries all over the globe.
What religion is Warren Buffett? ›Buffett worked with Christopher Webber on an animated series called "Secret Millionaires Club" with chief Andy Heyward of DiC Entertainment. The series features Buffett and Munger and teaches children healthy financial habits. Buffett was raised as a Presbyterian, but has since described himself as agnostic.
What kind of car does Warren Buffett drive? ›Buffett, who's driven a Cadillac for decades, only decided to replace his 2006 model after Barra visited him in his hometown of Omaha in May 2014. The investor's Berkshire Hathaway had invested in GM in 2012.
How much money did Buffett start with? ›Buffett started the company with $100 of his own money and roughly $105,000 in total from seven investing partners who included his sister, Doris, and his Aunt Alice, as well as his father-in-law. — 1962, first million: Buffett continued forming additional partnerships with investors throughout the early 1960s.
Does Warren Buffett still drive? ›Despite being the sixth-richest person globally, Warren Buffett continues to drive a 2014 Cadillac XTS he purchased with hail damage. Although he can afford any luxury vehicle, Buffett prefers the practicality of his 10-year-old car.
Who inherits Warren Buffett's money? ›
Warren Buffett is only leaving his three children an inheritance of 2 billion each out of his predicted estate of 65 billion. Why would he not distribute all of his estate to his children? Warren Buffett is only leaving his three children an inheritance of 2 billion each out of his predicted estate of 65 billion.
What happened to Warren Buffett's wife? ›Susan died at the age of 72 after suffering a cerebral hemorrhage during the summer of 2004 in Cody, Wyoming. Bono performed "Forever Young" and "All I Want Is You" at her funeral. Warren was so grief-stricken that he did not attend.
What are Warren Buffett's 5 rules of investing? ›A: Five rules drawn from Warren Buffett's wisdom for potentially building wealth include investing for the long term, staying informed, maintaining a competitive advantage, focusing on quality, and managing risk.
Did Warren Buffett serve in the military? ›Buffett served in the Army National Guard in Nebraska and New York until November 1956. He had a growing personal business in Buffett Partnership, Ltd., and by the next year, he would operate two more. Buffett then merged the three into one and took a controlling interest in a textile manufacturer, Berkshire Hathaway.
How did Warren Buffett make his first $100 000? ›From 1949 through 1954 Buffett made his first $100,000. It's hard to know what his exact annual returns were. That's because he saved some additional money, paid taxes, took out a loan, etc. My best guess is that Buffett compounded his money at an annual rate no less than 50% a year and no more than 60% a year.