21 Interesting Quotes by Warren Buffett

Warren Edward Buffett, the third richest person in the world, was born on August 30, 1930 to his father Howard, a stockbroker-turned-Congressman.

At only six years old, Buffett purchased 6-packs of Coca Cola from his grandfather's grocery store for twenty five cents and resold each of the bottles for a five cent profit.

 At eleven years old, he purchased three shares of Cities Service Preferred at $38 per share. Shortly after buying the stock, it fell to just over $27 per share. Warren held his shares until they rebounded to $40. Surprisingly, Cities Service shot up to $200. This experience taught him one of the basic lessons of investing: “Patience is a virtue.”

 He has donated a total of $25 billion to charities. Buffett has pledged to give away 99 percent of his wealth rather than pass it down as an inheritance.

Warren Buffett is the legend in his areas of work.

From this article, I want to share few of the unique quotes made by Warren Buffett.

01. Never depends on single income. Make investment to create a second source.

02. Someone is sitting in the shade today because someone planted a tree a long time ago.

03. I always knew I was going to be rich. I don’t think I ever doubted it for a minute.

04. Risk comes from not knowing what you’re doing.

05. Do not put all eggs in one basket.

06. No matter how great the talent or efforts, some things just take time. You can’t produce a baby in one month by getting nine women pregnant.

07. Honesty is very expensive gift. Do not expect it from cheap people.

08. Rule#1: Never lose money. Rule#2: Never forget rule #1.

09. You can’t reach success in investment, if you do not think independently.

10. Don’t save what is left after spending, but spend what is left after savings.

11. When you have a choice, it is much more important to know how to say ‘NO’ than ‘YES’.

12. You have to learn to be an investor, if you want to become wealthy.

13. Never test the depth of river with both feet.

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

15. Don’t do what others say, just listen to them, but do what you feel good.

16. The rich invest in time, the poor invest in money.

17. I never invest in anything that I don’t understand.

18. Investing is simple, but not easy.

19. If you cannot control your emotions, you cannot control your money.

20. In the business world, the rearview mirror is always clearer than the windshield.

21. The most important thing to do if you find yourself in a hole is to stop digging.

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