top 20 quotes by warren buffett with explanations | best warren buffett quotes

warren buffett is one of the most well known successful investor who've created his complete wealth from value investing taught by his teacher benjamin graham. warren buffett used to follow various quotes which helps him to stay consistent and motivated to follow ethical investing. so, here you can get to know about top 20 quotes by warren buffett and some of the best tips and messages shared by him.

top 10 quotes by warren buffett on investing.

top 5 quotes by warren buffett on saving.

top 5 quotes by warren buffett on life.

top 10 quotes by warren buffett on investing.

never invest in a business you cannot understand.

investing in a business which you can understand is the best option for you to invest in. it is the best quote by warren buffett which he follows himself as well, in fact he created most of his wealth by following this rule.

he invested a huge lumpsum amount in coca cola company as he says that he understand the company's model and working and what would be its future perspective in regards to its investors. investing in a business you can understand also helps you to deal with the future problems and consequences.

price is what you pay and value is what you get.

this warren buffet quote have a unique meaning with a deep message as most of the peoples don't know the actual value of the thing that they are paying for. mostly it is seems that the trades had been placed when the price is overvalued or at the undervalued price, so finding the intrinsic value is an important thing to pay the price for the value you are getting for it.

the stock market is designed to transfer money from the active to patience.

warren buffett himself made his wealth from value and long term investing, most of the peoples in stock market used to follow trading rather than investing, here trading refers to the active investor and investing refers to the patient investor. so this quote by warren buffett says that if you keep patience and hold your positions for long term than the stock market act as a tool which helps to bring money from traders and give it to the patience investors.

it is not necessary to do extra ordinary things to get extra ordinary results.

it is seen that majority of stock market traders and new investors used to do extraordinary things like following unethical ideas, unanalysed tips and tricks to earn money from stock market within a very short amount of time, due to which they also face losses. on this mr. warren buffett said in his quote that you don't have to do extraordinary things to get extra ordinary results. even if you hold a stock for long time by following simple and ethical tips of value investing then also you might have chances to gain extra ordinary profit out of it.

to make money in stocks you must have the vision to see them, the courage to buy them and the patience to hold them.

when an investor or a trader invest in a stock of a company the major aim of that investor is to make profit out of stock market rather knowing how does company works, what is its future perspective and so on.

in this quote by warren buffett it is simplified that if you want to make money from stock market by investing in some company's stocks then you have to think as an investor of that company and not only as a trader just wants to earn profit in same day or in short term, rather than that you also have to keep the courage to buy and hold the stock for long term even in a bad situation.

never depend on single income, make investment to create a second source.

after the wave of covid-19 and omicron its cleared that depending on single source of income would be so dangerous, so that according to this quote by warren buffett he says that depending on a single source of income can brings out to you so many problems, so he suggest that to create some other source of income by making investment to deal with unpredictable conditions.

an idiot with a plan can beat a genius without a plan.

an idiot with a plan can beat a genius without a plan this quote by warren buffett hold's a very deep meaning in everyone's life. mostly it seen that a school or a college topper works as an employee in some organization whose ceo or owner wan't good at his studies. 

here, genius refers to the employee and idiot refers to the ceo or the owner. there are many successful peoples we know around the world who were college dropouts and not pretty good at their studies one of the example for the same is the founder of facebook mark zuckerberg.

it takes 20 years to build a reputation and 5 minutes to ruin it, if you think about that, you'll do things differently.

it is one of the best quote by warren buffett on life, it takes 20 years to build a reputation and 5 minutes to ruin it it stands for the meaning that while operating a business or creating its brand it takes severaal years to come into view of peoples and build a goodwill but it just takes 5 minutes destroy its reputation even just by doing small activities like not focusing on customers wants and needs, but once you understand the consequences you'll do things differently to deal with it.

diversification may preserve wealth, but concentration builds wealth.

this warren buffett quote refers to increase in wealth, as diversification helps to reduce risk and manage wealth properly but highly diversification focused persons have to input higher time as compared to concentrated persons, as they have higher money management skills and know how to build wealth even by lower diversification. however, for a beginner it is perfect to diversify the funds to reduce the risk to a greater extent, it also have some consequences like higher diversification sometimes create confusion and loss of funds as well.

be fearful when others are greedy and be greedy when others are fearful.

stock market is a deep sea of money where all the peoples invest their funds withe the only perspective to earn profit out of it, which makes the stock market highly volatile. so this quote by warren buffet actually says to become fearful when other peoples become greedy and buy the shares at higher quantity and to become greedy when other becomes fearful and sell stocks even at lower levels.

top 5 quotes by warren buffett on saving.

if you don't find a way to make money while you sleep, you will work untill you die.

making money is one of the most vital thing nowadays without which it is difficult to sustain. so, these warren buffett quote says to build a way from where you can keep on getting money without putting any initial effort or very low effort. he actually said this because many peoples have to work even after being old, so this quote belongs to them in response to find a way to make money while you sleep.

do not save what is left after spending, but spend what is left after saving.

it is one of the best quote spoken by warren buffett on savings. this thing majorly happens with employees or working professionals, there are various best investment options for salaried persons available, but after they get there salary they used to spend it on unnecessary things and save the rest of the amount which is very lower and difficult to give you higher returns. so this quote says that to save a higher part of your amount and to spend the rest amount.

rule no.1 never lose money, rule no.2 never forget rule no.1

it is also a best quote spoken by warren buffett. this quote is completely dedicated to the traders and investors in the stock market. as most of the peoples used to lose their money in this thing due to lack of knowledge and market volatility. due to this warren buffet said that to hold the positions and not to lose money and never to forget the first rule.

if you cannot control your emotions you cannot control you money.

this quote by warren buffet says that emotions and feelings of a person is one of the major aspect that helps a person to build his wealth. due to lack of discipline and mental consciousness many peoples were not ne able to handle their money which also cause lack of money management skills and due to which one cannot save his income and got failed to create a wealth to get early retirement.

i measure success by how many peoples love me.

measuring success by money and standard is a state of mind, but the actual success is measured by the peoples love you, mr. warren buffet in one of his interview says that my connections are my true assets, which means the connections helps you to become successful in life and not your money.

top 5 quotes by warren buffett on life.

we don't have to be smarter than the rest, we have to be more disciplined than the rest.

investing in stocks is the best investment option which helps you to create wealth for you in long term. but most of the peoples try to being smart and due to that they lose their money in stock market. that's why this quote by warren buffet said that you don't have to be smart to make money from stocks, you just ghave to be consistent and disciplined than the rest as stock market is a tool to make money in long term through compounding.

if you buy things you do not need, soon you have to sell things you need.

it is one of the best warren buffett quote that you must follow and bring into your life. mostly peoples used to follow the ongoing trend and used to buy unwanted things regarding which they have very fewer uses or completely no use and due to that very sooner you have to sell the things that you need. for this reason warren buffet had said that if you buy things you do not need then sooner you have to sell the things you need.

someone is sitting in a shade today, because someone planted a tree long time ago.

this warren buffett quote is dedicated towards the future planning, as it says that someone planted a tree long time ago and for that reason someone is getting shade to sit down blow it, similarly investing in stocks market from today helps you and your generation to get a better life and to get a financial achievement even in a short period of time.

the most important investment you can make is in yourself.

investing in stock market helps you to make wealth in long term, investing in startups helps you again to grow you money and so on. but only investing in yourself helps you to achieve so many things and develop various skills in yourself like investing in yourself helps you to develop good communication skills, it helps in building deep knowledge regarding any chosen field, it also helps in learning new ways to earn money faster even just by putting very low efforts.

the secret to happiness is having low expectations.

when an investor invest in stock market he have very high expectations regarding the returns and money making from the stock market but after making the first loss his expectations would completely drained off and ended up by stopping to invest in stocks. for this reason mr. warren buffett in this quote wants to say that to keep low expectations while investing in stocks market, so that even after bearing some sort of losses it won't affect the investor a lot.