50 Warren Buffett Quotes on Investing, Life & Success | Warren Buffet Advice (part 1).

By Phil Town.
Warren Buffett quotes capture the essence of his approach to investing and life. That’s why we love them.
To say, “When he talks, people listen” is an understatement. Buffett’s famous quotes on life, investing, success, leadership, emotion, and money are recognized across the world.
Why do people love his quotes so much?
Because he’s built his wealth long-term to over $80.9 billion (2019), making him one of the richest men in America. As CEO of Berkshire Hathaway, Warren lives by a certain set of values that he uses to invest and make other life decisions. His approach to stocks can be identified throughout his famous investing quotes, so we gathered our favorite ones in this post.
Take a look at 50 intelligent and inspiring quotes on investing and success from Warren Buffett, one of the wealthiest people in the world.

Warren Buffett Quotes on Investing.
Buffett’s Only Two Rules For Investing…
“Rule No. 1: Never lose money. Rule No. 2: Never forget rule No.1” – Warren Buffett.

It is possible for the stock market to price things wrong! You can find wonderful businesses on sale often.

Buffett has this famous quote to say about the stock market,
“Remember that the stock market is a manic depressive.”
For any consumer of daily financial news, this will ring true. Equity markets swing wildly from day to day on the smallest of news, rally, and crash on sentiment, and celebrate or vilify the most inane data points. It’s important not to get caught up in the madness but stick to your homework.

Always stay rational.
So what is the Warren Buffett Rule?
Never lose money. Stay rational and stick to your homework when researching businesses in which to invest.

The Market Can Price Things Wrong.
“Price is what you pay. Value is what you get.”
In other words, don’t focus on short-term swings in price, focus on the underlying value of your investment.
“Beware the investment activity that produces applause; the great moves are usually greeted by yawns.”
From a man who has made a fortune on companies like Apple, American Express, General Motors, UPS, Johnson & Johnson, Mastercard, and Walmart, this is sage advice.

High Returns With Low Risk is the Key.
“Risk comes from not knowing what you are doing.”
The advice here is obvious but often forgotten, particularly after investors have had some success. The temptation to believe that success in one area you know well allows you to easily analyze another is much greater once you’ve had some good returns, but should be resisted with vigor. Buffett himself has kept out of the technology sector for the most part, given his lack of knowledge of the sector. Buffett said it best:
“Never invest in a business you cannot understand.”

It’s Easier to Look Back Than to Look Into the Future.
“In the business world, the rearview mirror is always clearer than the windshield.”

Buy Wonderful Companies.
“It’s far better to buy a wonderful company at a fair price, than a fair company at a wonderful price.”
This famous Buffett quote is very interesting, as frequently, “value investors” will pass on anything that they cannot get for a deeply discounted price. Berkshire Hathaway has taken a different approach and instead focused on investing in the right companies. This was one of Buffett’s early lessons as a value investor, famously told as his turn away from “cigar-butt investing.”
“If a business does well, the stock eventually follows.”

Invest for the Long Term.
“Only buy something that you’d be perfectly happy to hold if the market shut down for 10 years.”

Patience is Key.
“Calling someone who trades actively in the market an investor is like calling someone who repeatedly engages in one-night stands a romantic.”
“The stock market is designed to transfer money from the active to the patient.”

Don’t be impatient when it comes to your money…
Make Long-Term Investments Over Short Term Ones
“If you aren’t thinking about owning a stock for 10 years, don’t even think about owning it for 10 minutes.”
Investing is not trading and has a vastly different goal, like trading, when done well, is about taking measured risks for discrete periods of time at sufficient volume as to generate profits, and typically involves wild swings in profitability. Investing is about minimizing risk to generate wealth over the long term, not generating short-term profits.
If Warren Buffett had to choose how long to own a company for, it would be this:
“Our favorite holding period is forever.”
Another great Buffett quote in this vein:
“An investor should act as though he had a lifetime decision card with just twenty punches on it.”

This quote is basically saying that you should never buy businesses with the intention of selling them. If you could only buy 10 or 20 stocks in your entire life you’d probably be a lot more careful with where you invest. You’d spend more time looking at the company, and you’d make sure you really love it.

Only Invest In Wonderful Companies.
“Time is the friend of the wonderful company, the enemy of the mediocre.”

Invest In Companies That Match Your Values
“Why not invest your assets in the companies you really like? As Mae West said, ‘Too much of a good thing can be wonderful.'”

to be continued