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Warren Buffett Quotes

16 quotes from Warren Buffett — Chairman & CEO of Berkshire Hathaway..

Read the full Warren Buffett playbook →

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

Investing

“I don't invest to make a quick profit. I buy stocks with the mindset that the market might shut down tomorrow and stay closed for five years.”

Investing

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

Risk

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

Reputation

“We simply attempt to be fearful when others are greedy and to be greedy only when others are fearful.”

Investing

“Predicting rain doesn't count. Building arks does.”

Preparation

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

Simplicity

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

Habits

“Wall Street is the only place that people ride to in a Rolls Royce to get advice from those who take the subway.”

Irony

“I could have made much more money had I not taken over Berkshire… It was a terrible mistake. But then, I've been correcting it since.”

— Warren Buffett

“Whether you are religious or not, it's hard to beat the Golden Rule as a guide to behavior.”

— Warren Buffett, Thanksgiving 2025 shareholder letter

“I'm having more fun than any 88-year-old in the world.”

— Warren Buffett, 2019 FT interview

“The world is a great movie to watch, but you don't want to sleepwalk through life. The important thing to do is to look for the job you would take if you didn't need a job, and life is wonderful then.”

— Warren Buffett, HBO documentary 'Becoming Warren Buffett'

“I'm getting to paint my own painting, and if I'm using red, no one is saying, 'Why don't you use a little more blue?' It's enormous fun. I get applause. I like it when people cheer for my painting.”

— Warren Buffett, Vanity Fair, 2011

“Lose money for the firm, and I will be understanding. Lose a shred of reputation for the firm, and I will be ruthless.”

— Warren Buffett, testimony before Congress during Salomon Brothers crisis, 1991

“I like to deal with people where I feel a one-page contract will do the job. If I need 50 pages in there to protect me against the guy I'm dealing with, I'll always wonder whether I needed 51.”

— Warren Buffett, Iconic Voices interview, 2015

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Warren Buffett

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Warren Buffett

Chairman & CEO of Berkshire Hathaway.