Warren Buffett (2024)

Warren Buffett (1)

Edited by: Susan Ratcliffe

Publisher:
Oxford University Press
Published online:
2018
Current Online Version:
2018
eISBN:
9780191866692

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    1. Price is what you pay. Value is what you get.

      letter to partners, 20 January 1966, in Warren Buffett Speaks (2007)

    2. Be fearful when others are greedy, be greedy when others are fearful.

      letter to shareholders 1986; L. A. Cunningham Essays of Warren Buffett (1998)

    3. 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)

    4. 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

    5. 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)

    6. Risk comes from not knowing what you're doing.

      in Omaha World-Herald 2 January 1994; Janet C. Lowe Warren Buffett Speaks (1997)

    7. 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

    Warren Buffett (2024)

    FAQs

    What 1 stock does Warren Buffett own? ›

    Top Warren Buffett Stocks By Size

    Bank of America (BAC), 1.03 billion. Apple (AAPL), 789.4 million. Coca-Cola (KO), 400 million. Kraft Heinz (KHC), 325.6 million.

    How did Warren Buffett get rich? ›

    The CEO of Berkshire Hathaway began building his wealth by investing in the stock market at age 11, according to Forbes, and first filed a tax return at the age of 13. As a teenager, he was raking in about $175 a month by delivering The Washington Post — more than his teachers (and most adults).

    Who is Warren Buffett and why is he famous? ›

    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.

    Can I buy Berkshire Hathaway stock? ›

    Anyone can invest in Berkshire Hathaway if they have enough money to buy at least one Class B share (about $360 in late 2023). For comparison, hedge funds are open only to accredited investors, meaning those with a high income or net worth and who can meet the fund's minimum investment, which can be $1 million or more.

    What did Warren Buffett invent? ›

    Key Terms. Warren Buffett invented the “90/10" investing strategy for the investment of retirement savings. The method involves deploying 90% of one's investment capital into stock-based index funds while allocating the remaining 10% of money toward lower-risk investments.

    What is Warren Buffett's biggest stock? ›

    Most investors know that Apple (NASDAQ: AAPL) remains Berkshire's largest equity holding. Despite the sell-off of a portion of its stake in the company over the last two quarters for tax purposes, it remains Buffett's biggest bet in the stock market.

    Who did Warren Buffett leave his money to? ›

    Buffett has pledged to give away 99 percent of his fortune to philanthropic causes, primarily via the Bill & Melinda Gates Foundation. He founded the Giving Pledge in 2010 with Bill Gates, whereby billionaires pledge to give away at least half of their fortunes.

    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? ›

    As Berkshire Hathaway's CEO and chairman, Buffett recommends to his board of directors how much he should be paid, and decides the rest of the executives' compensation. The 93-year-old has received $100,000 a year since 1980 — a fraction of the $18 million average pay of S&P 500 CEOs in 2021.

    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.

    What kind of car does Warren Buffett drive? ›

    Buffett's current vehicle, the 2014 Cadillac XTS that he has owned for approximately ten years, is a testament to his reputation for frugality. Despite his ability to afford any luxury car, Buffett drives a vehicle far from the flashy exotic cars one might associate with a billionaire.

    At what age did Warren Buffett become a billionaire? ›

    Warren Buffett Accumulated 99% Of His Net Worth After Turning 50 And Didn't Become A Billionaire Until 56: 'The Biggest Thing About Making Money Is Time. You Don't Have To Be Particularly Smart, You Just Have To Be Patient'

    What is the most expensive stock in the world? ›

    Berkshire Hathaway Inc.: Are you amazed to see Warrant Buffet's company at the top of the list of most expensive stock? Yes, this consumer goods conglomerate is the world's most expensive stock, which has a current market price of US$ 630500.

    What is the minimum investment in Berkshire Hathaway? ›

    The company's B shares -- its cheapest share class -- now trade at around $400. If you can meet that minimum investment, putting the money into Berkshire still makes a ton of long-term sense.

    Is Berkshire Hathaway a safe stock? ›

    Buffett has carefully built Berkshire Hathaway to last long after he's gone, always maintaining a long-term vision at the company that's helped the stock outperform the S&P 500 over the years. But this giant, worth nearly $900 billion, isn't a buy at any price.

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