There are very less individuals who understand life and the appropriate meaning of success the way Warren Buffet does. The 90-year-old billionaire, better known as the “Oracle of Omaha”, features at #4 on Forbes’ list of ‘The richest people in the world’. He is also the “richest person” in the state of Nebraska, US. With an estimated net worth of $80.5 billion, Buffet is definitely among the world’s most powerful men.

And yet, when it is about his views on money, wealth, and investment, he has a remarkable way of associating worth with the love of those who are close to us. “When you get to my age, you’ll really measure your success in life by how many of the people you want to have loved you actually do love you”, Buffet says.

Warren Buffet, also a stock market icon, has an inborn sense of humor, and an almost unfiltered perspective when it comes to discussing the cold, hard facts of life. Even at 90 – the great man turns a year older this August 30 – he goes on to inspire, intrigue, and motivate with his genius pearls of wisdom.

Thus, we have curated some of the lesser-known Warren Buffet Quotes that will get you thinking

 Investment Quotes by Warren Buffet

• “Someone is sitting in the shade of a tree today because someone planted a tree a long time ago.”

Focus on the right investment to obtain maximum benefits. Give time to your investment to grow, be patient and you will reap the benefits.

• “Risk comes from not knowing what you are doing.”

The point is, the better you educate yourself about a topic, the better qualified you’ll be to make the right and wise decisions and avoid unnecessary risks. Likewise, when it comes to investments, you should know the details about where you are investing your money.

• “The investor of today does not profit from yesterday’s growth.”

Focus on the future trends which will give you great benefits. Your investments won’t grow instantly, give it some time, and let it perform in the long-run.

• “It’s far better to buy a wonderful company at a fair price than a fair company at a wonderful price.”

Warren Buffett religiously follows the principles of Value Investing. He believes that the fair company will continue to deliver more profits, compounding over the years.

• “I insist on a lot of time being spent, almost every day, to just sit and think. That is very uncommon in American business.”

Take the time to learn before you start investing. Give yourself time to sit, think, and improve yourself..

• “We’re still in a Recession. We’re not gonna be out for a while, but we will get out.”

You should be calm at difficult times without overthinking about the consequences. As Warren Buffet says, one or the other day the recession will come to an end and you will get out. These are the momentary problems that need to be controlled calmly.

• “Never invest in a business you cannot understand.”

Take time to understand the business and the company, and then invest your money in the safest manner. Investors should have a complete knowledge of where they are investing the money.

• “We don’t have to be smarter than the rest. We have to be more disciplined than the rest.”

People think investing in bulk will give higher returns which isn’t true. Returns depend on the investment and the duration of the investment. You always need to go for a more disciplined approach.

• “Never depend on a single income. Make an investment to create a second source.”

Although if you are in the best position and earning quite well, you need to think of the second source of income. That is because the second source of income will help you avoid unseen financial dangers. Make smart plans for your future and invest money in such a way that will give you a great return.

• “Don’t put all your eggs in a basket.”

This simply means diversify! Even if you invest a little, spread it across different assets. So, if one asset fails to perform, the other will balance the returns. This way, you are always on the green side.

Finance Quotes by Warren Buffet

• “It’s not easy to get rich quick.”

Wealth accumulation shows over the course of a lifetime. For most of us, the secret of getting rich is to go slowly and steadily—setting aside penny after penny and even dollar after dollar and letting compound interest do its magic.

• “Don’t save what is left after spending, spend what is left after saving.”

Save first and then spend what’s left on your bills. If you’ve calculated accurately in terms of how much expenses and income you have and the amount you need to save, things will work out.

• “I always knew I was going to be rich. I don’t think I ever doubted it for a minute.”

Perhaps the most important is this Maxim. If you honestly believe that you will do well in life and accomplish goals, you will.

• “If you buy things you don’t need, you will soon sell things you need.”

If you tend to splurge, this would be an excellent little jingle to memorize and repeat to stop yourself when you feel compelled to purchase an unnecessary item. Stop spending on things you don’t need and start saving that money for your future.

• “Price is what you pay. Value is what you get.”

Price and value are two distinct things. Your job is to find the disconnect between the two.

Stock Market Quotes by Warren Buffet

• “I never attempt to make money on the stock market. I buy on the assumption that they could close the market the next day and not reopen it for five years.”

Instead of trying to foresee the unforeseeable that is the market fluctuations, it makes more sense to focus on the fundamentals and the intrinsic value of the desired asset.

• “Don’t watch the market closely”

The stock market is addicting to watch. However as there is so much volatility, it can lead to a rollercoaster of emotions. The best advice is to buy a stock and then don’t look at it for a while which may seem hard, but this is what causes panic selling.

• “Only buy something that you’d be perfectly happy to hold if the market shut down for 10 years.”

You need to pick your investments wisely. You should invest in a company after understanding its business and future potential. Invest where you know you don’t have to worry about short market fluctuations because, in the long-run, you will get good returns.

• “Time is the friend of the wonderful company and the enemy of the mediocre one.”

For an outstanding business that has set up great processes and has a relevant and sustainable product or service, the passage of time often results in their “mediocre” competitors facing difficulty to succeed, while the “wonderful” businesses rise to the top.

• “Most people get interested in stocks when everyone else is. The time to get interested is when no one else is. You can’t buy what is popular and do well.”

Contrary action of buying stocks in a bull market and then retreating in a bear market while hopelessness is at an all-time high, will lead to success. It’s better to buy when few are buying and remind yourself that the good times will come again.