Read here the most inspiring quotes & motivational sayings from the living legend of investment, Warren Buffett. He is the financial advisor of business tycoons and the role model of President Barack Obama. We are sharing his golden statement about various topics such as advice on business, investment, reading, planning, etc.
Warren Buffett Quotes
Find the below collection of inspiring Warren Buffett Quotes that will inspire the businessman in you.
Warren Buffett’s Quotes on Life:
1. “I do more reading and thinking and make fewer impulse decisions than most people in business. I do it because I like this kind of life.” – Buffett tells us that taking your time to think and learn before making decisions is a good way to live. It’s inspiring because it encourages us to be patient and make wise choices in our lives.
2. “It takes 20 years to build a reputation and five minutes to ruin it. If you think about that, you’ll do things differently.” – Buffett is saying that building a good reputation takes a long time, but you can quickly destroy it with bad actions. This quote inspires us to be careful with our actions and decisions, as they can impact our reputation.
3. “Rule No. 1: Never lose money. Rule No. 2: Never forget Rule No. 1.” – Buffett’s rule is simple – don’t lose your money. This inspires us to be cautious with our finances and to protect what we have. It reminds us that financial security is important.
Warren Buffett’s Quotes on Honesty:
4. “Honesty is a very expensive gift, Don’t expect it from cheap people.” – Buffett is saying that honesty is a valuable trait and it’s not something you can expect from people who lack integrity. This quote inspires us to value and practice honesty in our interactions.
5. “It’s better to hang out with people better than you. Pick out associates whose behavior is better than yours and you’ll drift in that direction.” – Buffett advises us to surround ourselves with people who are better than us in certain aspects. Being around such people can inspire us to improve and grow in those areas.
6. “I always knew I was going to be rich. I don’t think I ever doubted it for a minute.” – Buffett believed in his ability to become rich from a young age. This quote encourages us to have self-belief and confidence in our goals and dreams.
Warren Buffett’s Quotes for Achieving Goals:
7. “I do know that when I am 60, I should be attempting to achieve different personal goals than those which had priority at age 20.” – Buffett reminds us that our goals and priorities change as we grow older. This inspires us to adapt and set new goals that align with our current stage of life.
8. “Price is what you pay. Value is what you get.” – Buffett distinguishes between the cost of something and the value it provides. This quote encourages us to focus on the value of things rather than just their price.
9. “If each of us hires people who are smaller than we are, we shall become a company of dwarfs. But, if each of us hires people who are bigger than we are, we shall become a company of giants.” – Buffett advises that hiring people with more skills and abilities than us can lead to great success. This quote inspires us to seek out and work with talented individuals.
10. “If you are looking for people to hire, you look for three qualities: integrity, intelligence, and energy. And if you don’t have the first, the other two will kill you.” – Buffett emphasizes the importance of hiring people with integrity, as it’s a crucial quality for success. This quote inspires us to prioritize honesty when selecting team members.
11. “If you hire somebody without integrity, you really want them to be dumb and lazy.” – Buffett humorously suggests that it’s dangerous to have dishonest employees, and it’s even worse if they are smart and active. This quote encourages us to value integrity in our work environment.
Warren Buffett’s Powerful Advice:
12. “The most important thing to do if you find yourself in a hole is to stop digging.” – When you’re in a difficult situation, the best thing to do is to not make it worse. This quote inspires us to recognize our mistakes and take action to prevent further problems.
13. “There seems to be some perverse human characteristic that likes to make easy things difficult.” – Buffett points out that people often make simple things more complicated than they need to be. This quote inspires us to keep things simple and not overcomplicate matters.
14. “Tell me who your heroes are and I’ll tell you how you’ll turn out to be.” – Buffett suggests that the people we look up to can influence our character and actions. This quote inspires us to choose our role models wisely and be aware of their impact on our lives.
15. “You will continue to suffer if you have an emotional reaction to everything that is said to you.” – Buffett advises us not to let every comment or criticism upset us. This quote inspires us to control our emotions and not let them rule our reactions.
16. “True power is sitting back and observing things with magic. True power is restraint.” – Buffett says that real strength comes from calmly observing situations and having self-control. This quote inspires us to practice patience and thoughtful judgment.
17. “If words control you, that means everyone else can control you. Breathe and allow things to pass.” – Buffett tells us not to let words and opinions have too much power over us. This quote inspires us to stay calm and let negative things go.
Warren Buffett’s Quotes on Planning:
18. “Someone’s sitting in the shade today because someone planted a tree a long time ago.” – Buffett reminds us that good things can happen in the future because of actions taken in the past. This quote inspires us to make smart choices now for a better tomorrow.
19. “An investor should act as though he had a lifetime decision card with just twenty punches on it.” – Buffett suggests that we should make our investment decisions wisely as if we have only a limited number of chances to get it right. This quote inspires us to be careful with our financial choices.
20. “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.” – Buffett illustrates that certain things, no matter how hard you try, can’t be rushed. This quote inspires us to be patient and understand that some achievements require time.
21. “Instead of learning something that might become obsolete tomorrow, choose things that will make you smarter in 10 or 20 years.” – Buffett advises us to invest our time and effort in learning things that have long-lasting value, rather than things that might quickly become irrelevant. This quote inspires us to focus on enduring knowledge.
22. “Do not save what is left after spending; instead spend what is left after saving.” – Buffett tells us to prioritize saving before spending, rather than saving what’s left over after spending. This quote inspires us to be disciplined with our finances and prioritize saving for the future.
Warren Buffett’s Advice on Investment:
23. “The most important investment you can make is in yourself.” – Buffett says that the best investment is in improving yourself through learning and self-improvement. This quote inspires us to prioritize personal growth and education.
24. “The rich invest in time, the poor invest in money.” – Buffett suggests that wealthy people value time and use it wisely, while others focus too much on money alone. This quote inspires us to think about how we use our time and invest it wisely.
25. “If you aren’t thinking about owning a stock for ten years, don’t even think about owning it for ten minutes.” – Buffett recommends long-term thinking when it comes to investing in stocks. This quote inspires us to be patient and not rush into financial decisions.
26. “It’s nice to have a lot of money, but you know, you don’t want to keep it around forever. I prefer buying things. Otherwise, it’s a little like saving sex for your old age.” – Buffett humorously suggests that money is meant to be spent and enjoyed, not hoarded. This quote inspires us to use our wealth to improve our lives and experiences.
Buffett’s Business Motivation Quotes:
27. “Games are won by players who focus on the playing field – not by those whose eyes are glued to the scoreboard.” – Buffett says that success comes from focusing on the work itself, not constantly checking the results. This quote inspires us to concentrate on our efforts and do our best.
28. “I try to invest in businesses that are so wonderful that an idiot can run them. Because sooner or later, one will.” – Buffett looks for businesses that are easy to manage because he knows that eventually, someone less skilled might be in charge. This quote inspires us to invest in straightforward and stable businesses.
29. “If you don’t find a way to make money while you sleep, you will work until you die.” – Buffett highlights the importance of passive income and investments that generate money without constant effort. This quote inspires us to seek ways to earn money even when we’re not actively working.
30. “Never depend on a single income. Make an investment to create a second source.” – Buffett advises us not to rely solely on one source of income but to diversify and create additional income streams. This quote inspires us to be financially secure by having multiple sources of income.
31. “The more you learn, the more you earn.” – Buffett tells us that increasing our knowledge and skills leads to better earning potential. This quote inspires us to keep learning and improving ourselves.
32. “I will tell you how to become rich. Close the doors. Be fearful when others are greedy. Be greedy when others are fearful.” – Buffett advises us to be cautious when everyone else is too confident and to take opportunities when others are fearful. This quote inspires us to be wise in our financial decisions.
33. “Never give up searching for the job that you are passionate about.” – Buffett encourages us to keep looking for a job or career that we love and are passionate about. This quote inspires us to pursue our dreams and not settle for a job that doesn’t fulfill us.
34. “Risk comes from not knowing what you’re doing.” – Buffett points out that taking risks without understanding what you’re doing can be dangerous. This quote inspires us to educate ourselves before taking risks.
35. “The difference between successful people and really successful people is to say no to almost everything.” – Buffett suggests that highly successful individuals are selective in their choices and don’t spread themselves too thin. This quote inspires us to prioritize and focus on what truly matters.
36. “Opportunities come infrequently. When it rains gold, put out the bucket, not the thimble.” – Buffett tells us that when great opportunities arise, we should take full advantage of them. This quote inspires us to seize the right moments and not miss out.
37. “Reading could be the BEST addiction one could have. The only proven side effect is imagination & an edge in knowledge.” – Buffett praises the habit of reading as a positive addiction that only leads to improved imagination and knowledge. This quote inspires us to read more and gain a deeper understanding of the world.
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Warren Buffett’s Inspiring Sayings & Quotes:
38. “What the wise do in the beginning, fools do in the end.” – This quote means that smart people take the right actions early on, while others make the same choices later when it might be too late. It inspires us to be proactive and make wise decisions from the start.
39. “Intensity is the price of excellence.” – Buffett is saying that achieving excellence requires hard work and dedication. This quote inspires us to put in the effort and focus needed to reach our goals.
40. “I don’t look to jump over 7-foot bars: I look around for 1-foot bars that I can step over.” – Buffett means that he doesn’t take on super difficult challenges; instead, he finds simpler ones that he can easily handle. This quote inspires us to be practical and choose achievable goals.
41. “When a person with money meets a person with experience, the one with experience ends up with the money and the one with money leaves with experience.” – This quote suggests that having experience is more valuable than having money. It inspires us to focus on gaining knowledge and skills rather than just seeking wealth.
42. “Never ask a barber if you need a haircut.” – Buffett is saying that some people might give you advice that benefits them, not you. It inspires us to be cautious and seek advice from trustworthy sources, not those with a conflict of interest.
I hope you liked the above Warren Buffett Quotes. Don’t forget to mention the best line that you liked most from the above lines in the comment box below.
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Quotes source: Goodreads