Famous Warren Buffett Quotes Encompassing 9 Decades Of Wisdom

Warren Buffett is generally considered one of the best investors of our generation. Aug 30th was Warren Buffet’s 91st birthday.

Warren Buffett has voiced his opinion on several topics over the decades in interviews, at the annual Berkshire Hathaway shareholder meetings, and investor letters.

While we may not agree with everything he says, there are nine decades of wisdom buried in Warren Buffett’s quotes.

“Rule No. 1 is never lose money. Rule No. 2 is never forget Rule No. 1.”

Warren Buffett Quotes About Money

Do not take Buffett’s quotes at face value. The quote means that you should evaluate risk and not lose all your money.

Buffett has lost money in several investments throughout his career and talks about his failed investments openly.

“I bought a company in the mid-’90s called Dexter Shoe and paid $400 million for it. And it went to zero. And I gave about $400 million worth of Berkshire stock, probably now worth $400 billion. But I’ve made lots of dumb decisions. That’s part of the game.”

Warren Buffett Quotes On Gold And Cash Warren Buffett is not a fan of holding cash or gold. I wholeheartedly agree with Warren Buffett that don’t keep your assets in cash besides a healthy emergency fund.

Here is a Warren Buffett quote on cash

“Today people who hold cash equivalents feel comfortable. They shouldn’t. They have opted for a terrible long-term asset, one that pays virtually nothing and is certain to depreciate in value. “

Just like every topic in personal finances, there are good and bad reasons to invest in gold

Gold bugs were not enthusiastic with Warren Buffett’s gold quote. Gold gets dug out of the ground in Africa… Then we melt it down, dig another hole, bury it again and pay people to stand around guarding it. It has no utility. Anyone watching from Mars would be scratching their head.

Swipe Up to know the Famous Warren Buffett Quotes Encompassing 9 Decades Of Wisdom



Are Real Estate Investment Trusts (REITs) A Good Investment Right Now? The Pros And Cons

Financial Lessons From Bobby Bonilla Day And Did The Mets Get The Better Deal?

What Is ESG Investing And 5 Reasons Why It Is A Bad Idea