Warren Buffett



Warren Buffett: Sucess Story and Investment Principles

Warren Buffett is the world's most successful investor and a self-made billionaire.



Warren Buffett's Investment Criteria

5 Tips for Individual Investors

7 Contrarian Principles





Life-Business Synergy

Someone's sitting in the shade today because someone planted a tree a long time ago.

Honesty is a very expensive gift, Don't expect it from cheap people.

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

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.

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

Risk comes from not knowing what you're doing.

Only when the tide goes out do you discover who's been swimming naked.

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

You only have to do a very few things right in your life so long as you don't do too many things wrong.

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


Investment Secrets

I don't look to jump over 7-foot bars: I look around for 1-foot bars that I can step over.

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

It's far better to buy a wonderful company at a fair price than a fair company at a wonderful price.

Time is the friend of the wonderful company, the enemy of the mediocre.

Only buy something that you'd be perfectly happy to hold if the market shut down for 10 years.

Beware of geeks bearing formulas.

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

Wide diversification is only required when investors do not understand what they are doing.