5 Great Quotes from Investor Warren Buffett

Warren Buffett is considered by many to be the greatest investor of all time.

Warren Buffet had an interest in investing since he was young. He studied business at the University of Nebraska before graduating from Columbia University Business school. It was in New York that he became interested in "value investing," which is finding companies whose stock is trading for less than it is worth.

In 1956, he started his own investment company, Buffett Partnership Ltp. This company enabled him to pool his and other investors money to make investments together. His company later bought Bershire Hathaway, which at the time was a business making fabrics and clothing. Under Buffett's leadership, Bershire Hathaway shifted away from fabrics and clothing, and focused instead on buying shares in a diversified pool of companies. According to CNBC, since Buffett bought Berkshire Hathaway in 1965 the stock has returned 5,502,284%. That means if you invested just $1 in Berkshire Hathaway in 1965 it would be worth $55,000 in 2025. It's almost hard to believe, but it's true!

Warren Buffett is a long-term investor and only buys stocks in good companies that he is confident will be successful for decades to come. His confidence in companies came from studying the companies until he has an expert understanding of the business. Warren Buffet is also considered to be one of the world's most generous philanthropists because he donates a large portion of his wealth to charity.

It's always smart to seek the wisdom of successful people, so here are 5 of my favorite quotes by Warren Buffett:

1) "Rule No. 1: Never lose money. Rule No. 2: Never forget rule No. 1."

2) "If you aren't willing to own a stock for ten years, don't even think about owning it for ten minutes."

3) "It's far better to buy a wonderful company at a fair price than a fair company at a wonderdul price."

4) "Risks come from not knowing what you're doing."

5) "If your the luckiest 1 percent of humanity, you owe it to the rest of humanity to think about the other 99 percent."