- Berkshire Hathaway CEO Warren Buffett the plans announced on Saturday to resign as managing director until the end of the year. The legendary investor will follow a permanent legacy and a worldwide, follows his words of wisdom. Assets collected some of the best quotes from the “Oracle of Omaha”.
Warren Buffett, CEO of Berkshire Hathaway, announced the shareholders at the company’s annual conference on Saturday that he should resign from his role as managing director by the end of the year.
Due to the success of Berkshire, Buffett became a celebrity investor and collected a loyal supporter that follows its market movements.
But not only Buffett, who described the nickname “Oracle of Omaha”, who is successful in his investment, also emphasizes his wit and wisdom also his unprecedented career.
Assets put together some of his best quotes over the years:
- “If we have parts of outstanding companies with excellent management, our favorite keeping time is forever,” wrote Buffett in one 1988 shareholder letter Comment on the latest investments in Coca-Cola And Freddie Mac.
- “It is much better to buy a wonderful company at a fair price than a fair company at a wonderful price,” he said in A 1989 shareholder letter.
- “You know, the Wall Street is the only place where people drive in a Rolls Royce to get advice from those who take the U -Bahn,” said Buffett to The Los Angeles Times 1991.
- “Only when the flood goes out do you find out who swims naked” 1992 shareholder letter.
- “Care for the investment activity that creates applause; the big steps are usually treated by yawn,” he warned in his Shareholder letter 2008 In the middle of the US bond bubble.
- “A simple rule stipulates my purchase: be afraid when others are greedy, and be greedy when others are afraid,” wrote Buffett in a 2008 New York Times OP-ED.
- “Our aversion to the leverage has been steaming our returns over the years. But Charlie [Munger] And I sleep well. We both believe that it is crazy to risk what you have and need to maintain what you don’t need, ”he warned in his Shareholder letter 2017.
- “Despite the preference of our citizens’ fatty enthusiasm for self-criticism and self-doubt, I have not yet seen any time in which it made sense to make a long-term bet against America,” said Buffett in his 2022 shareholder letter.
This story was originally on Fortune.com