Quotes By Warren Buffett

The greatest investment a young person can make is in their own education, in their own mind. Because money comes and goes. Relationships come and go. But what you learn once stays with you forever.

Outstanding long-term results are produced primarily by avoiding dumb decisions, rather than by making brilliant ones.

Learning how to live is much more important than learning how to make a living.

It's much easier to stay out of trouble now than to get out of trouble later.

Failure comes from ego, greed, envy, fear, imitation. I have success not because I am smart, but because I am rational.

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

The dumbest reason in the world to buy a stock is because it's going up.

Don't risk what is important to you, to get what is not important to you.

I think you should read everything you can. In my case, by the age of 10, I'd read every book in the Omaha public library about investing, some twice. You need to fill your mind with various competing thoughts and decide which make sense.

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

Taking jobs to build up your resume is the same as saving up sex for old age.

In the world of business, the people who are most successful are those who are doing what they love.

The Noah rule: Predicting rain doesn't count; building arks does.

Take the high road; it's far less crowded.

When investing, pessimism is your friend, euphoria the enemy.

The stock market is a wonderfully efficient mechanism for transferring wealth from the impatient to the patient.

Very successful people say no to almost everything.

I prefer liquor store robbers with hungry kids to companies that locate offshore to avoid U.S. taxes.

Too often, a vast collection of possessions ends up possessing its owner.

The most important investment you can make is in yourself... nobody can tax it or take it away from you.