Warren Buffett is undoubtedly the most successful investor in the world. He is consistently ranked among the world’s wealthiest people. He was ranked as the world’s wealthiest person in 2008 and as the third wealthiest in 2011. In 2012, Time magazine named Buffett one of the world’s most influential people. Warren Buffett is the chairman and CEO of Berkshire Hathaway.

Below are some best Warren Buffett Quotes & Investment Advice.

Warren Buffett Quotes & Investment Advice

1. “Price is what you pay. Value is what you get.” – Warren Buffett

2. “It’s far better to buy a wonderful company at a fair price than a fair company at a wonderful price.” – Warren Buffett

3. “I never attempt to make money on the stock market. I buy on the assumption that they could close the market the next day and not reopen it for five years.” – Warren Buffett

4. “It takes 20 years to build a reputation and five minutes to ruin it. If you think about that, you’ll do things differently.” – Warren Buffett

5. “Someone is sitting in the shade today because someone planted a tree a long time ago.” – Warren Buffett

6. “Risk comes from not knowing what you’re doing.” – Warren Buffett

7. “Wall Street is the only place that people ride to in a Rolls Royce to get advice from those who take the subway.” – Warren Buffett

8. “Rule No.1: Never lose money. Rule No.2: Never forget rule No.1.” – Warren Buffett

9. “The investor of today does not profit from yesterday’s growth.” – Warren Buffett

10. “I always knew I was going to be rich. I don’t think I ever doubted it for a minute.” – Warren Buffett

11. “It’s better to hang out with people better than you. Pick out associates whose behavior is better than yours and you’ll drift in that direction.” – Warren Buffett

12. “Never count on making a good sale. Have the purchase price be so attractive that even a mediocre sale gives good results.” – Warren Buffett

13. “You only have to do very few things right in your life so long as you don’t do too many things wrong.” – Warren Buffett

14. “Diversification is a protection against ignorance. It makes very little sense to those who know what they are doing.” – Warren Buffett

15. “The difference between successful people and really successful people is that really successful people say no to almost everything.” – Warren Buffett

16. “I will tell you the secret to getting rich on Wall Street. You try to be greedy when others are fearful. And you try to be fearful when others are greedy.” – Warren Buffett

17. “I insist on a lot of time being spent, almost every day, to just sit and think. That is very uncommon in American business. I read and think. So I do more reading and thinking, and make less impulse decisions than most people in business. I do it because I like this kind of life.” – Warren Buffett

6 Excellent Tips by Warren Buffett

1. On Earning: Never depend on single income. Make investment to create a second source.

2. On Spending: If you buy things you do not need, soon you will have to sell things you need.

3. On Saving: Do not save what is left after spending, but spend what is left after saving.

4. On Taking risk: Never test the depth of river with both feet.

5. On Investment: Do not put all eggs in one basket.

6. On Expectations: Honesty is very expensive gift. Do not expect it from cheap people.

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