Warren Buffet Successful Quotes and His Journey !

WARREN BUFFET: AN SUCCESSFUL INVESTOR :

Do You know who is Warren Buffet, yes! the world know the richest and successful Investor, Warren Buffet name is practically synonymous with his biggest success. Warren Buffet(born 30 Aug 1930) is a successful American investor who is known for his wealth. He was born in Omaha, Nebraska. He is a primary shareholder, chairman and CEO of the company Berkshire Hathaway. He is the second wealthiest person in the world. The buffet was diagnosed with prostate cancer, for which he completed his treatment in September 2012.

Warren became an integral part of Berkshire Hathaway in the early in the 1960s and helped the company expand into one of the largest conglomerates in the world. In the year of 1956, his path to success began to accelerate when he moved back to Nebraska.

BUFFETS FIRST PARTNERSHIP:

Before working for Benjamin Graham, Warren had been an investment salesman –a job that he liked doing, except when the stocks he suggested dropped in value and lost money for his clients. To minimize the potential of having clients, Warren started a partnership with his close friends and family. The partnership has unique restrictions. Warren himself would invest only $100 and through re-invested management fees, would grow his stake in the partnership.

Warren would take half of the partnership ’s gains over 4% and would repay the partnership a quarter of any loss incurred. Furthermore, money could be added or withdrawn from the partnership on December 31^st and partners would have no input about the investments in the partnership.

In 1959, Warren had opened a total of seven partnerships and had a 9.5% stake in more than a million dollars of partnership assets. Three years later WWarren was now a millionaire and merged all of his partnerships into a single entity.

 10 Genius quotes by Warren Buffet:

Here are some genius quotes of warren buffet. Simply put, Warren Buffet has a way with words.

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

àPrice and value are different. As an investor, you have to find out the disconnect between two.

1. 2. Someone is sitting in the shade today because someone planted a tree long back ago.

àyour reputation matters. Think before you act.

1. 3. We simply attempt to be fearful when others are greedy and to be greedy only when others are fearful.

àDont always run with the crowd. There’s is value in counterintuitive.

1. 4.” Rule No:1. Never lose money. Rule No:2.

àProtect your downside

1. 5. Risk comes from not knowing what you are doing

àGet informed. Educate yourself. You can mitigate at least some risk by simply learning more about what you want to do.

1. 6. It's only when the tide goes out that you discover who’s been swimming is naked.

àwhen times are good you seem to be a winner. Its what happens when times change that proves who really ahead.

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

àFocus on the substance and the value will flow from there.

1. 8. Our favourite holding period is forever.

àwhile there is value in moving quickly, the stock market cant is timed. when your horizon is forever, you can ride out the waves.

1. 9. It's better to hang out with people better than you. Pick out associates whose behaviour is better than yours and you will drift in that direction.

àSurround yourself with people better and smarter than you. It's amazing how much you grow.

1. 10. It takes 20 years to build a reputation and five minutes to ruin it. If you think about that, You will do things differently.

à your reputation matters. Think before you act.

WARREN BUFFET: MY GREATEST INVESTING ADVICE AND THE INVESTMENTS EVERYONE SHOULD MAKE

When I was 8 years old, I was lucky in that I found a subject that really interested me ie; investing. I read every book on that topic in the Omaha public library by the time I was 11.

I bought the book that became the largest influence on my investing life by accident, while I was at the University at Nebraska. I read and re-read the intelligent investor, by Benjamin Graham, about a half dozen times-its incredibly sound philosophy, very well written and easy to understand. And it gave me a philosophy that is still using today.

My favourite investment, one that embodies this philosophy, is Geico, which I learned about when I was 20 years old because I got on the train went down to Washington and banged on a door on a Saturday until Lorimer Davidson, who would later become CEO, responded. He answered my questions taught me the insurance business and explained to me the competitive advantage that Geico had. That afternoon changed my life.

Here is a product that now costs an average, about $1800 a year. People don’t want to buy it, but they want do want to drive. And they hope they never use it.,because they don’t want to have an accident. when Berkshire bought control of it in 1995, it had about 2% market share, now it has a 12% market share. A simple idea when Leo Goodwin founded the company in 1936.The same simple idea now.

Ben Franklin said it a long ago” keep thy shop and they will keep thee”.The quaint language aside, it means don’t just satisfy your customers just delight them. They are gonna talk to other people. They are going to come back. Anybody who has happy customers is likely to have a pretty good future.

But ultimately, there is one investment that supersedes all others: Invest in yourself. Address whatever you feel your weaknesses are, and do it now. I was terrified of public speaking when I was young. I could not do it. It cost me $100 to take a Dale Carnegie course, and it changed my life. I got so confident about my new ability, I proposed my wife during the middle of my course. It also helped me sell stocks in Omaha, despite being 21 and looking even younger. Nobody can take away what you have got in yourself and everybody has potential they haven’t used yet. If you can increase your potentials 10%,20%,30% by enhancing your be your life.

WARREN BUFFET BEST QUOTES ON SUCCESS:

Are you looking for inspirational warren buffet quotes about wealth and success then go through this article.

• Appreciate where you came from
• Give back to society
• It's usually best to say “No”
• Do what you love
• Choose your heroes wisely
• Watch out for bad habits
• Predicting rain doesn’t count. Building arks do.
• “Somebody once said that in 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. You think about it; it’s true. If you hire somebody without (integrity), you really want them to be dumb and lazy.”
• Honesty is a very expensive gift, Don’t expect it from cheap people.”
• “If you’re in the luckiest one per cent of humanity, you owe it to the rest of humanity to think about the other 99 per cent.”
• I sent it to Jeff Raikes at Microsoft, and it ended up in court in Minneapolis, so I am one for one.
• Wall Street is the only place that people ride to in a Rolls-Royce to get advice from those who take the subway.
• Should you find yourself in a chronically leaking boat, energy devoted to changing vessels is likely to more productive than energy devoted to patching leaks.

WARREN BUFFET BEST QUOTES ON MONEY:

• Doing nothing is often the right thing to do
• History doesn’t dictate the future
• Don't be greedy
• If you are not investing, you are doing it wrong
• The difference between successful people and really successful people is that really successful people say no to almost everything.
• I tell college students when you get to be my age you will be successful if the people who you hope to have loved you, do love you.

WARREN BUFFET BEST QUOTES ABOUT BUSINESS:

• In the business world, the rearview mirror is always clearer than the windshield. – warren buffet
• The rich are always going to say that, you know, just give us more money and we’ll go out and spend more and then it will all trickle down to the rest of you. But that has not worked the last 10 years, and I hope the American public is catching on. – warren buffet
• Only when the tide goes out do you discover who’s been swimming naked. –warren buffet
• The only way to get love is to be lovable. It’s very irritating if you have a lot of money. You’d like to think you could write a check: ‘I’ll buy a million dollars’ worth of love.’ But it doesn’t work that way. The more you give love away, the more you get. –warren buffet

Warren buffet quotes on stocks and life:

• I would say the most satisfying thing actually is watching my three children each pick up on their own interests and work many more hours per week than most people that have jobs at trying to intelligently give away that money in fields that they particularly care about. – Warren Buffett
• Chains of habit are too light to be felt until they are too heavy to be broken. – Warren Buffett
• When a management with a reputation for brilliance tackles a business with a reputation for bad economics, it is the reputation of the business that remains intact. – Warren Buffet.

Warren buffet quotes about leadership:

• The most important thing to do if you find yourself in a hole is to stop digging. – Warren Buffett
• Risk comes from not knowing what you’re doing - warren buffet
• No matter how great the talent or efforts, some things just take time.  – Warren Buffett