- 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 1 stock does Warren Buffett own? ›
The Berkshire Hathaway portfolio
| Company | Shares held | Holding value |
|---|---|---|
| Apple (AAPL) | 789,368,450 | $135,360,901,805 |
| Bank of America (BAC) | 1,032,852,006 | $39,165,748,068 |
| American Express (AXP) | 151,610,700 | $34,520,240,283 |
| Coca-Cola (KO) | 400,000,000 | $24,472,000,000 |
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.
What degree does Warren Buffett have? ›After those two years he transferred to the University of Nebraska in Lincoln, Nebraska. He graduated in 1949 with his Bachelor's Degree in Business Administration. He continued his education and received his Master's Degree in Economics from Columbia University in 1951.
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 4 stocks is Warren Buffett buying? ›Which stocks is Warren Buffett buying?
| Company name & symbol | Percent change in share count over last quarter |
|---|---|
| Chubb Limited (CB) | New |
| Liberty SiriusXM Group — Series A (LSXMA) | 62% |
| Liberty SiriusXM Group — Series C (LSXMK) | 52% |
| Occidental Petroluem Corp. (OXY) | 2% |
May 22, 2024
Dumping more than 100 million shares in a short time frame naturally leads to questions as to why. Buffett implied the sale was for tax reasons, possibly in anticipation of higher tax rates in future years.
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 does Warren Buffett pay himself? ›Buffett's annual compensation has been $100,000 for more than 35 years and Mr. Buffett has advised the Committee that he would not expect or desire such compensation to increase in the future.”
How does Warren Buffett stay 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.
Warren Buffett reportedly has an IQ of over 150 (anything past 140 is considered a genius), and while it has, no doubt, helped him become one of the world's richest men, the lesson here is to value emotional intelligence (EQ) just as highly.
How old was Warren Buffett when he became a millionaire? ›
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.
How does Warren Buffett spend his days? ›In his spare time, he reads, plays bridge to keep his mind sharp, and strums the ukulele. “I get quite a bit of sleep. I like to sleep,” Buffett said in a widely quoted 2017 interview with PBS NewsHour. “I will usually sleep eight hours a night, and that—no, I have no desire to get to work at four in the morning.”
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? Because he wants to leave large amounts to his many charities.
How many marriages has Warren Buffett had? ›His life, which includes over 70 years of marriage, offers a window into these beliefs. Married to Susan Buffett in 1952 until she died in 2004 and then wed to Astrid Menks in 2006, Buffett's relationships have played a crucial role in shaping his life and success.
How much money did Warren 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.