- Price is what you pay. Value is what you get.
letter to partners, 20 January 1966, in Warren Buffett Speaks (2007)
- Be fearful when others are greedy, be greedy when others are fearful.
letter to shareholders 1986; L. A. Cunningham Essays of Warren Buffett (1998)
- Rule No 1: never lose money. Rule No 2: never forget rule No 1.
in Forbes 400 27 October 1986; Janet C. Lowe Warren Buffett Speaks (1997)
- Investment must be rational; if you can't understand it, don't do it.
usually quoted as ‘Never invest in a business you cannot understand’
in Forbes 400 21 October 1991
- It's only when the tide goes out that you learn who's been swimming naked.
at Berkshire Hathaway annual meeting, Omaha, 1993; Warren Buffet Speaks (1997)
- Risk comes from not knowing what you're doing.
in Omaha World-Herald 2 January 1994; Janet C. Lowe Warren Buffett Speaks (1997)
- A very rich person should leave his kids enough to do anything but not enough to do nothing.
quoted in Fortune Magazine (online edition) 25 June 2006
FAQs
What 1 stock does Warren Buffett own? ›
Buffett Watch
| Symbol | Pct of portfolio | |
|---|---|---|
| Apple Inc | AAPL | 40.1% |
| Atlanta Braves Holdings Inc Series C | BATRK | 0.0% |
| Bank of America Corp | BAC | 10.9% |
| BYD Co. Ltd | BYDDF | 0.7% |
His fortune is largely tied to his investment company.
The vast majority of Buffett's net worth is tied to Berkshire Hathaway, his publicly traded conglomerate that owns businesses like Geico and See's Candies and holds multibillion-dollar stakes in companies like Apple and Coca-Cola.
What is Warren Buffett known for? Warren Buffett, known as the "Oracle of Omaha," is an American businessman and philanthropist, widely considered the most successful investor of the 20th century. He has amassed a personal fortune of more than $60 billion by defying prevailing investment trends.
What kind of car does Warren Buffett drive? ›Despite being the sixth-richest person globally, Warren Buffett continues to drive a 2014 Cadillac XTS he purchased with hail damage. Although he can afford any luxury vehicle, Buffett prefers the practicality of his 10-year-old car.
Does Warren Buffett still own Dairy Queen? ›Warren Buffett's Berkshire Hathaway acquired Dairy Queen for nearly $600 million in 1998. Dairy Queen CEO Troy Bader told Insider that Berkshire's ownership lets him invest for the long run. Bader explained how Dairy Queen has dealt with the pandemic, inflation, and new customer demands.
What is Warren Buffett's biggest stock? ›Apple is Berkshire's largest public stock holding by far. Berkshire's $151 billion Apple stake is roughly four times larger than its second-largest holding. Buffett first bought Apple shares in the first quarter of 2016, and Apple's stock price is up more than 500% since the beginning of 2016.
Who did Warren Buffett leave his money to? ›Buffett, who is the eighth richest man on the planet, with an estimated net worth of $136 billion, according to the Bloomberg Billionaires Index, explained in his letter that 99% of his wealth will go to philanthropy during his lifetime or at death.
Did Warren Buffett donated all his money? ›Buffett, 93, also doubled down on his pledge to donate roughly 99% of his nearly $120 billion fortune to charity, revealing that his children, who share his views on righting wealth inequalities through private philanthropy, will serve as executors of his will.
What does Warren Buffett pay himself? ›Mr. Buffett's annual compensation has been $100,000 for more than 35 years and Mr. Buffett has advised the Committee that he would not expect or desire such compensation to increase in the future.”
What happened to Warren Buffett's wife? ›Susan died at the age of 72 after suffering a cerebral hemorrhage during the summer of 2004 in Cody, Wyoming. Bono performed "Forever Young" and "All I Want Is You" at her funeral. Warren was so grief-stricken that he did not attend.
How big is Warren Buffets' house? ›
The grand Omaha mansion spreads across 6,570 sq. ft. and features five bedrooms and 2.5 bathrooms.
How old was Warren Buffett when he became a millionaire? ›His early life set the foundation for his future achievements. By age 21, Buffett's net worth was nearly $20,000, and by 26, it had grown to $140,000. By age 30, his net worth had grown to $1 million, a significant sum compared to the average family income in the U.S. at that time, which was around $5,600 per year.
Does Warren Buffett drive himself to work? ›Despite his astronomical wealth, he chooses to drive himself rather than hiring a chauffeur. This decision aligns with his philosophy of living a simple and humble life, regardless of his financial status.
Does Warren Buffett own a private jet? ›Warren Buffett nicknamed his private jet 'The Indefensible' – then renamed it 'The Indispensable' after realizing its value. Warren Buffett may rank among the wealthiest people on the planet, but he's known for his frugal habits and modest lifestyle.
What time Warren Buffett wakes up? ›Buffett has said he wakes up at a reasonable 6:45 a.m., reads the news, and gets to the office, sometimes after the market opens, even.