1.Warren Buffett, with an estimated net worth of nearly $85 billion, is the third-richest person in the world.
2."Don't watch the market closely," He continued: "If they're trying to buy and sell stocks, and worry when they go down a little bit … and think they should maybe sell them when they go up, they're not going to have very good results."
3."I always knew I was going to be rich," he said. "I don’t think I ever doubted it for a minute."
4.'Someone’s sitting in the shade today because someone planted a tree a long time ago'
5.'I read and think' He continued: "That is very uncommon in American business. I read and think. So I do more reading and thinking, and make less impulse decisions than most people in business.”
6.'Risk comes from not knowing what you're doing'
7.'You only have to do a very few things right in your life so long as you don't do too many things wrong'
8.The perfect amount to leave to your kids, he told Fortune in 1986, is "enough money so that they would feel they could do anything, but not so much that they could do nothing."
9."When major declines occur, they offer extraordinary opportunities to those who are not handicapped by debt," Buffett wrote in a letter to Berkshire Hathaway's shareholders in 2017, highlighting the argument against ever borrowing money to buy stocks. He continued: "No one can tell you when these will happen. The light can at any time go from green to red without pausing at yellow."
10.'It takes 20 years to build a reputation and 5 minutes to ruin it'
11.“You cannot make a good deal with a bad person,” Buffett reportedly told Suzy Welch
12.'Whether we’re talking about socks or stocks, I like buying quality merchandise when it is marked down'