Quote of the Day by Warren Buffett: ‘Wall Street is the only place…’

Warren Buffett's Timeless Wisdom on Life and Money

Warren Buffett, the legendary investor, will step down as CEO of Berkshire Hathaway by the end of the year, with Greg Abel expected to take over. Alongside this transition, Buffett continues to offer valuable insights through his memorable quotes.

Top 10 Quotes from Warren Buffett

  1. "Wall Street is the only place that people ride to in a Rolls Royce to get advice from those who take the subway."

  2. "Price is what you pay. Value is what you get."

  3. "Risk comes from not knowing what you're doing."

  4. "It's far better to buy a wonderful company at a fair price, than a fair company at a wonderful price."

  5. "The stock market is designed to transfer money from the active to the patient."

  6. "Rule No.1: Never lose money. Rule No.2: Never forget rule No.1."

  7. "Our favorite holding period is forever."

  8. "Only when the tide goes out do you discover who's been swimming naked."

  9. "Someone's sitting in the shade today because someone planted a tree a long time ago."

  10. "The most important quality for an investor is temperament, not intellect."

Warren Buffett's quotes reflect his core investment philosophy emphasizing patience, understanding value, and the importance of temperament over sheer intelligence.

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The Economic Times The Economic Times — 2025-12-07

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