Warren Buffett Quotes (103 quotes)
“One of RJR's largest shareholders, he knew tobacco and liked it. I'll tell you why I like the cigarette business, he said. It costs a penny to make. Sell it for a dollar. It's addictive. And there's fantastic brand loyalty.”
Quoted by Bryan Burrough and John Helyar, Barbarians at the Gate: The Fall of RJR Nabisco (1989)
“If you're an investor, you're looking on what the asset is going to do, if you're a speculator, you're commonly focusing on what the price of the object is going to do, and that's not our game.”
1997 Berkshire Hathaway Annual Meeting
“Investors making purchases in an overheated market need to recognize that it may often take an extended period for the value of even an outstanding company to catch up with the price they paid.”
1998 Berkshire Hathaway Annual Meeting
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Photo Credit: The India Today GroupWarren Buffett
Born: August 30, 1930 (age 87)
Bio: Warren Edward Buffett is an American business magnate, investor, and philanthropist. He is widely considered the most successful investor of the 20th century. He is the primary shareholder, chairman and CEO of Berkshire Hathaway. He is consistently ranked among the world's wealthiest people.