Warren Buffet investing habbits

8/6/2019 Warren Buffet investing habbits

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52 Must Read Quotes from LegendaryInvestor Warren Buffett

Warren Buffett is without question the most successful investor of our time(and possibly of all time). His savvy deal making abilities coupled with hiscreative and cheerful personality allowed him to achieve success like no other.

While searching the web for the comments hes made through the years, Ifound many insightful comments that truly show off Mr. Buffetts knowledgeso I want to share 52 of these with you below! Let me know what you think!

1. A public-opinion poll is no substitute for thought.

2. Chains of habit are too light to be felt until they are too heavy to be broken.

3. I always knew I was going to be rich. I dont think I ever doubted it for aminute.

4. I am quite serious when I say that I do not believe there are, on the wholeearth besides, so many intensified bores as in these United States. No man

can form an adequate idea of the real meaning of the word, withoutcoming here.

5. I buy expensive suits. They just look cheap on me.

6. I dont have a problem with guilt about money. The way I seeit is that my money represents an enormous number of claim


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checks on society. Its like I have these little pieces of paper that I canturn into consumption. If I wanted to, I could hire 10,000 people to donothing but paint my picture every day for the rest of my life. Andthe GNP would go up. But the utility of the product would be zilch, and Iwould be keeping those 10,000 people from doing AIDS research, or teaching, or nursing. I dont do that though. I dont use very many of those claim checks. Theres nothing material I want very much. And Imgoing to give virtually all of those claim checks to charity when my wifeand I die.

7. I dont look to jump over 7-foot bars: I look around for 1-foot bars that Ican step over.

8. I never attempt to make money on the stock market. I buy on theassumption that they could close the market the next day and not reopen itfor five years.

9. If a business does well, the stock eventually follows.

10. If past history was all there was to the game, the richest peoplewould be librarians.

11. If youre in the luckiest 1 per cent of humanity, you owe it to therest of humanity to think about the other 99 per cent.

12. In the business world, the rear view mirror is always clearer than thewindshield.

13. Investors making purchases in an overheated market need torecognize that it may often take an extended period for the value of evenan outstanding company to catch up with the price they paid.

14. It takes 20 years to build a reputation and five minutes to ruin it. If you think about that, youll do things differently.

15. Its better to hang out with people better than you. Pick outassociates whose behavior is better than yours and youll drift in thatdirection.


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16. Its far better to buy a wonderful company at a fair price than a fair company at a wonderful price.

17. Ive reluctantly discarded the notion of my continuing to manage the

portfolio after my death abandoning my hope to give new meaning tothe term thinking outside the box.

18. Let blockheads read what blockheads wrote.

19. Look at market fluctuations as your friend rather than your enemy; profit from folly rather than participate in it.

20. Long ago, Sir Isaac Newton gave us three laws of motion, which were thework of genius. But Sir Isaacs talents didnt extend to investing: He losta bundle in the South Sea Bubble , explaining later, I can calculate themovement of the stars, but not the madness of men. If he had not beentraumatized by this loss, Sir Isaac might well have gone on to discover theFourth Law of Motion: For investors as a whole, returns decrease asmotion increases

21. Most people get interested in stocks when everyone else is. The timeto get interested is when no one else is. You cant buy what is popular and

do well.22. Never count on making a good sale. Have the purchase price be so

attractive that even a mediocre sale gives good results.

23. Of the billionaires I have known, money just brings out the basictraits in them. If they were jerks before they had money, they are simply

jerks with a billion dollars.

24. Only buy something that youd be perfectly happy to hold if themarket shut down for 10 years.

25. Only when the tide goes out do you discover whos been swimmingnaked.

26. Our favorite holding period is forever.
http://investing-school.com/definition/what-is-net-profit/http://investing-school.com/definition/what-makes-an-asset-bubble/http://investing-school.com/definition/what-is-net-profit/http://investing-school.com/definition/what-makes-an-asset-bubble/


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27. Price is what you pay. Value is what you get.

28. Risk comes from not knowing what youre doing.

29. Risk is a part of Gods game, alike for men and nations.

30. Rule No.1: Never lose money. Rule No.2: Never forget rule No.1.

31. Wall Street is the only place that people ride to work in a RollsRoyce to get advice from those who take the subway.

32. The business schools reward difficult complex behavior more thansimple behavior, but simple behavior is more effective.

33. The investor of today does not profit from yesterdays growth.

34. The line separating investment and speculation, which is never

bright and clear, becomes blurred still further when most market participants have recently enjoyed triumphs. Nothing sedates rationalitylike large doses of effortless money. After a heady experience of thatkind, normally sensible people drift into behavior akin to that of Cinderella at the ball. They know that overstaying the festivities thatis, continuing to speculate in companies that have gigantic valuationsrelative to the cash they are likely to generate in the future willeventually bring on pumpkins and mice. But they nevertheless hate to

miss a single minute of what is one helluva party. Therefore, the giddy participants all plan to leave just seconds before midnight. Theres a problem, though: They are dancing in a room in which the clocks have nohands.

35. The only time to buy these is on a day with no y in it.


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36. The smarter the journalists are, the better off society is. For to adegree, people read the press to inform themselves-and the better theteacher, the better the student body.

37. There are all kinds of businesses that Charlie and I dont understand, but that doesnt cause us to stay up at night. It just means we go on to thenext one, and thats what the individual investor should do.

38. There seems to be some perverse human characteristic that likes tomake easy things difficult.

39. Time is the friend of the wonderful company, the enemy of themediocre.

40. Value is what you get.

41. We believe that according the name investors to institutions thattrade actively is like calling someone who repeatedly engages in one-night stands a romantic.

42. We dont get paid for activity, just for being right. As to how longwell wait, well wait indefinitely.

43. We enjoy the process far more than the proceeds.

44. We simply attempt to be fearful when others are greedy and to begreedy only when others are fearful.

45. Weve long felt that the only value of stock forecasters is to makefortune tellers look good. Even now, Charlie and I continue to believe thatshort-term market forecasts are poison and should be kept locked up in asafe place, away from children and also from grown-ups who behave inthe market like children.

46. When a management team with a reputation for brilliance tackles a business with a reputation for bad economics, it is the reputation of the business that remains intact.


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47. Should you find yourself in a chronically leaking boat, energydevoted to changing vessels is likely to be more productive than energydevoted to patching leaks.

48. Why not invest your assets in the companies you really like? As MaeWest said, Too much of a good thing can be wonderful.

49. Wide diversification is only required when investors do not understandwhat they are doing.

50. You do things when the opportunities come along. Ive had periodsin my life when Ive had a bundle of ideas come along, and Ive had longdry spells. If I get an idea next week, Ill do something. If not, I wont do

a damn thing.51. You only have to do a very few things right in your life so long as

you dont do too many things wrong.

52. Your premium brand had better be delivering something special, or its not going to get the business

His savvy deal making abilities coupled with his creative and cheerful personality allowed him to achieve stock market success like no other. So itsreally no luck that hes named the wealthiest man of 2008 and hope that youvelearned something from these quotes. Which one is your favorite? Personally,I really like #30 Never lose money!
http://investing-school.com/definition/what-the-heck-is-an-asset/http://investing-school.com/fundamentals/diversification-across-all-asset-classes/http://moneygalaxy.com/understanding-the-stock-market/stock-market-success-for-beginners/http://investing-school.com/definition/what-the-heck-is-an-asset/http://investing-school.com/fundamentals/diversification-across-all-asset-classes/http://moneygalaxy.com/understanding-the-stock-market/stock-market-success-for-beginners/

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Warren Buffet investing habbits