11 Life Changing Quotes From The Greatest Investor Of All Time

Quotes from Warren Buffet

Warren Buffet is one of the greatest minds of the 20th and 21st century, he’s a genius! Despite being at the ripe old age of 93 years old, he’s seemingly doing as sharp and doing as well as ever, long may that continue.

Buffet is without a doubt the greatest stock market investor who’s ever lived, that’s not really even up for debate! But his, knowledge and talents extend way beyond his financial and investing capabilities. He’s probably one of the wisest and smartest people on earth, and when he speaks we should all stop, listen and pay close attention.

So, here are 11 Life Changing Quotes From The Greatest Investor Of All Time — Warren Buffet…

1. “You’d get very rich if you thought of yourself having a card with only twenty punches in a lifetime, and every financial decision used up one punch. You’d resist the temptations to dabble. You’d make more good decisions and you’d make more big decisions.”

Just imagine that you were only allowed to make a small handful of financial decisions throughout your entire life. You’d take so much care over each and every decision like you wouldn’t believe, and when you eventually do come to make a decision, it will most likely be a good one.

P.S. I think about this every time before I make an investment and expensive purchase. It’s the best financial and investment advice I’ve ever heard!

2. “You can’t do well in investing unless you think independently. And the truth is, you are neither right nor wrong because people agree with you. You’re right because your facts and reasoning are right. In the end, that’s what counts.”

You don’t need to always justify things for other people if you can justify it for yourself. If you think you’re right, that’s all what matters, as long as you can back it up with good reasoning.

3. “Be fearful when others are greedy and greedy when others are fearful.”

Investing is a game of temperance rather than intellect, and many super smart and intelligent people are terrible investors because they don’t establish the right temperament.

It can be demoralising when you see your investments in the red for months on end, but as an investor, this is the perfect opportunity to buy assets at a discounted price.

4. “The most important thing to do if you find yourself in a hole is to stop digging.”

When you find yourself in a bad place, the first thing you to do is try and prevent it from getting catastrophically worse. If you can’t find a way to stop the initial rot, then you have no business in trying to find end solutions.

5. “The most important investment you can make is in yourself.”

Nobody can ever take away the investments you make in yourself. Nothing can ever take away the skills you learn, the knowledge you gain, and the wisdom you acquire after investing in yourself. Nothing.

6. “Imagine that you had a car and that was the only car you’d have for your entire lifetime. Of course, you’d care for it well, changing the oil more frequently than necessary, driving carefully, etc. Now, consider that you only have one mind and one body. Prepare them for life, care for them. You can enhance your mind over time. A person’s main asset is themselves, so preserve and enhance yourself.”

You’ll only ever have one mind and one body, so it’s crucial that you preserve and care for them the best you can.

Look after your mind and body, and they’ll look after you.

7. “Tell me who your heroes are and I’ll tell you who you’ll turn out to be.”

Just take a second to think.

Who do you admire? Who do you aspire to be like? If you end up being like the people you admire, would you be happy? Would your family be happy? Be honest, are the people you currently look up to even good role models?

8. “It is not necessary to do extraordinary things to get extraordinary results.”

You don’t have to reinvent the wheel, and if what you’re doing is working you shouldn’t look at fixing it.

The one thing that most people overlook is patience and consistency. You don’t always have to be brilliant, but you have be consistent, disciplined, have the willingness to show up and give it your best shot.

9. “The difference between successful people and really successful people is that really successful people say no to almost everything.”

Saying NO isn’t rude, and it’s most certainly not ignorant. Saying NO is one of the only ways in which we can preserve our most important and precious asset: time.

If you never say NO, other people’s priorities become your own and you’ll always be left wondering and questioning where the hell your time goes.

If you don’t learn how to say NO and take control of your time and life, someone or something else will.

10. “Someone’s sitting in the shade today because someone planted a tree a long time ago.”

Anything worth pursuing needs to be approached with a long-term mindset. Instead of always looking for quick fixes and easy gains, prepare to be patient and realise that great things always take time to flourish and grow.

11. “Honesty is a very expensive gift. Don’t expect it from cheap people.”

It takes a lot of courage to be honest. Honesty is one of them things which seems to land you in hot water nowadays and it’s disgusting. So when you look at it like that, honesty is extremely expensive and a huge number of people are too cheap to truly say what’s on their minds.

What are your favourite Warren Buffet quotes?

See you next time,

Yours Sincerely,

Tom

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