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

Post a Comment

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...
Post a Comment
ahabwecollins.blogspot.com

The 18 Uganda Business Registration Procedures In Uganda

Reserve your company Name at the Registrar's office. Duration 2 days and Cost UGX 25,000 To reserve a company name, the Investor files a company name request at the Office of the Registrar. A clerk conducts an automated search and forwards the application to a staff lawyer. The Registrar reviews the application and, if the application is approved, returns it with the assessment, which the Investor takes to the bank. Upon paying the fee, the founder receives a receipt that is used to complete the name reservation. Pay registration fees at the bank. Duration 1 day You need to make all non-tax payments to government agencies at a bank. Obtain the necessary incorporation and Tax registration forms from the Uganda Bookshop. Duration 1 day and Cost UGX 5600. The fees for each of the required incorporation forms are as follows: Statement of nominal capital: UGX 500. Declaration of compliance with the requirements of the Companies Act (Form A2): UG...
1 comment
ahabwecollins.blogspot.com

THE GAME OF MONEY(WHO IS INDEBTED INTO WHOM)

The name of the game of money is 'who is indebted into whom'. the more people you are indebted to the, the poorer you are, and the more people you have indebted to you, the wealthier you are. that is the game. W e are all indebted to someone else, the problem occur when the debt gets out of balance. Unfortunately the poor people of this world have been run over so hard by the game, they often can't get deeper into debt. If you have too much debt, the world takes everything you have.........your time, your work, your home, your life, your confidence, and then they take your dignity if you let them. The biggest reason why everyone is in debt is because money itself is debt, our currency is not an instrument of equity, but an instrument debt. Every shilling is backed by an IOU guaranteed to be paid by the taxpayers of the issuing country. As long as the world has confidence in in the Ugandan taxpayer to work and pay for the IOU called money, the world will have confidenc...
Post a Comment
ahabwecollins.blogspot.com