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Warren Buffett on Business

born 1930 United States

← All quotes by Warren Buffett

7 quotes

In fact, when we own portions of outstanding businesses with outstanding managements, our favorite holding period is forever.

Letters to Shareholders (1957)

The worst sort of business is one that grows rapidly, requires significant capital to engender the growth, and then earns little or no money.

Letters to Shareholders (1957)

I call investing the greatest business in the world ... because you never have to swing.

What I must understand is why someone will continue to get out of bed in the morning once they have all the money they could want. Do they love the business, or do they love the money?

Can you really explain to a fish what it's like to walk on land? One day on land is worth a thousand years of talking about it, and one day running a business has exactly the same kind of value.

The Warren Buffett Way 3rd Edition (2024)

I'll tell you why I like the cigarette business. It cost a penny to make. Sell it for a dollar. It's addictive. And there's a fantastic brand loyalty.

Buy stock in a business that's so good that an idiot can run it, because sooner or later one will.

Misattributed

Attribution

Quotes and notes from Wikiquote: Warren Buffett (page history), available under CC BY-SA 4.0.