Skip to main content

My favourite Buffet quotes


Warren Edward Buffett born August 30, 1930) is an American business magnate, investor and philanthropist. He is considered by some to be one of the most successful investors in the world. Buffett is the chairman, CEO and largest shareholder of Berkshire Hathaway, and is consistently ranked among the world's wealthiest people. He was ranked as the world's wealthiest person in 2008 and as the second wealthiest in 2016. In 2012 Time named Buffett one of the world's most influential people.

Buffett is often referred to as the "Wizard of Omaha", "Oracle of Omaha," or the "Sage of Omaha," and is noted for his adherence to value investing and for his personal frugality despite his immense wealth. Buffett is a notable philanthropist, having pledged to give away 99 percent of his fortune to philanthropic causes, primarily via the Gates Foundation

 Personally i have read most of his books and these are my favourite quotes from the richest investor on planet earth

'Rule No.1: Never lose money. Rule No.2: Never forget rule No.1. '
'Someone is sitting in the shade today because someone planted a tree a long time ago. '
'We simply attempt to be fearful when others are greedy and to be greedy only when others are fearful.'
'Basically, when you get to my age, you'll really measure your success in life by how many of the people you want to have love you actually do love you. '
'You do things when the opportunities come along. I've had periods in my life when I've had a bundle of ideas come along, and I've had long dry spells. If I get an idea next week, I'll do something. If not, I won't do a damn thing. '
'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. '
'In the business world, the rearview mirror is always clearer than the windshield.'
'Chains of habit are too light to be felt until they are too heavy to be broken.'
'It takes 20 years to build a reputation and five minutes to ruin it. If you think about that, you'll do things differently. '
'Of the billionaires I have known, money just brings out the basic traits in them. If they were jerks before they had money, they are simply jerks with a billion dollars.'
'I always knew I was going to be rich. I don't think I ever doubted it for a minute. '
'Only when the tide goes out do you discover who's been swimming naked. '
'The investor of today does not profit from yesterday's growth. '
'If past history was all there was to the game, the richest people would be librarians.'
'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.'



                               Ahabwe Collins is ,
                               Sales executive at SUNSINE technologies
                               Entrepreneur and business enthusiast.
                               Find more at my personal blog
                                www.ahabwecollins.blogspot.com

Comments

Popular posts from this blog

Starting a Business in Ugand PART 1-COMPANY REGISTRATION

Below is a detailed summary of the bureaucratic and legal hurdles faced by entrepreneurs wishing to incorporate and register a new firm in Uganda. It examines the procedures, time and cost involved in launching a commercial or industrial firm with between 10 and 50 employees and start-up capital of 10 times the economy's per-capita gross national income. This information was collected as part of the Doing Business project , which measures and compares regulations relevant to the life cycle of a small- to medium-sized domestic business in 190 economies. The most recent round of data collection was completed in June 2016. Standardized Company Legal form: Private Limited Company Paid-in minimum capital requirement: UGX 0 City: Kampala No. Procedure Time to Complete Associated Costs 1 Submit the Name Reservation Form to the assessment window of t...

Make Money Online (Without Spending a Dime)

Even with no product and no website, you can get paid for what and who you know triloks/E+/Getty Images IEW ALL  By  Scott Allen Updated November 09, 2016 Making money online used to require having your own website, products to sell and some marketing savvy. However, in today's digital age, there have never been more ways to get paid for what you know and who you know, without having to be an established web designer or a marketing genius. In fact, starting an online business and building a foundation for future growth can be done in a matter of hours, as opposed to what used to take days, weeks, even months. If you have a novel business idea, a well-defined target audience in mind, and the skills to pull it off, you can make money online in countless different ways. But, it's hard to tell the difference between legitimate business ideas and the seemingly great opportunities that'll instead end up wasting valuable time. ...

Panama Papers: How Jersey-based oil firm avoided taxes in Uganda

Revelations from the Panama Papers show how a company based in Jersey, a British crown dependency, attempted to avoid paying $400m (£280m) in Capital Gains Tax to the Ugandan government, writes BBC Africa's Rob Wilson. In 2010, Heritage Oil and Gas Ltd realised it would be hit with a huge tax bill and started making efforts to avoid it by moving the country where the company was registered from the Bahamas to Mauritius, leaked emails obtained by the International Consortium of Investigative Journalists and shared with the BBC show. Mauritius has a double-tax agreement with Uganda, which in principle means companies pay tax in only one of the two countries. Since Mauritius does not impose any Capital Gains Tax, charged on the sale of assets, this would mean Heritage reduces its bill to zero.