munKNEE.com Your Key to Making Money
Warren Buffett is arguably the greatest investor of all time having amassed a net worth of over $60
billion from his investing skill…and the 107 words of wisdom in this article crystalize decades of investment knowledge from the best in the business.
Quote #1 below succinctly sums up Buffett’s investment philosophy:
“We select such investments on a long-term basis, weighing the same factors as would be involved in the purchase of 100% of an operating business:
(1) favorable long-term economic characteristics;
(2) competent and honest management;
(3) purchase price attractive when measured against the yardstick of value to a private owner; and
(4) an industry with which we are familiar and whose long-term business characteristics we feel competent to judge.”
That’s it. That’s the basic ‘secret formula’ to Warren Buffett’s $60 billion fortune but there’s much more detail to his investment philosophy than the quote above provides.
The 106 remaining Warren Buffett quotes in this article paint a clearer picture of Buffett’s thinking. The article is organized by category. The Buffett quote categories are listed below. Click on a section to read it immediately, or read the whole article in order:
- Long-Term Investing
- Do Nothing Investing
- Circle of Competence
- Great Businesses & Competitive Advantages
- When to Buy
- When to Sell
- Risk & Leverage
- Personal Finance & Life Tips
- Charity & Legacy
- History & Forecasting
- Bull Markets & Crowd Thinking
- Investing Tips
- Management
- Final Thoughts
Disclosure: The original article, by Ben Reynolds (SureDividend.com), was edited ([ ]) and abridged (…) by the editorial team at 
munKNEE.com (Your Key to Making Money!) to provide a fast and easy read.
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