- 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 stock does Warren Buffett own? ›
Warren Buffett's stock purchases in the most recent quarter include Chubb Limited (CB) and Occidental Petroleum (OXY). HP Inc. (HPQ) and Paramount Global (PARA) are among Warren Buffett's stock sales in the most recent quarter. The Berkshire Hathaway portfolio includes 41 stocks as of May 2024, including Apple Inc.
What was Warren Buffett famous for? ›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 did Warren Buffett get money? ›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.
What 4 stocks is Warren Buffett buying? ›Coca-Cola (KO), 400 million. Kraft Heinz (KHC), 325.6 million. Occidental Petroleum (OXY), 248 million. American Express (AXP), 151.6 million.
Why did Buffett sell Apple stock? ›Buffett implied the sale was for tax reasons, possibly in anticipation of higher tax rates in future years. Nonetheless, Berkshire's history with Apple offers valuable investment lessons, and investors should know three things about Berkshire's sale of Apple stock.
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.
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.
Who inherits Warren Buffett's money? ›Famously frugal Warren Buffett has always been clear his billions won't go to family—it'll be invested in charitable foundations, a fitting end to a career of philanthropy.
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.
How rich was Warren Buffett at 30? ›His early life set the foundation for his future achievements. By age 21, Buffett's net worth was nearly $20,000, and by 26, it had grown to $140,000. By age 30, his net worth had grown to $1 million, a significant sum compared to the average family income in the U.S. at that time, which was around $5,600 per year.
