Warren Buffett’s Famous Quotes: Top 10 Mantras From World’s Most Famous Investor & 5th Richest Person That You Shouldn’t Miss

Warren Buffett famous quotes: Berkshire Hathaway CEO, and the world’s 5th richest person, has announced his intention to retire by the end of 2025. Warren Buffett and his investment mantras are a timeless textbook for all types of investors - new or old, big or small. The 94-year old Buffett’s life and investments are a learning for all and as he looks to hand over the reins to Greg Abel, we know his quotes will continue to stand the test of time. Here’s a look at some handpicked top 10 quotes from Warren Buffett for every investor:

Warren Buffett has always said: “Rule No. 1: Never Lose Money. Rule No. 2: Never Forget Rule No. 1.” It's one of his most famous quotes, that he reiterated time and again. (AI image for representative purpose only)

Warren Buffett: "I don’t invest to make a quick profit. I buy stocks with the mindset that the market might shut down tomorrow and stay closed for five years." (AP Photo)

Warren Buffett: “Price is what you pay. Value is what you get.” - that's yet another age old mantra from the veteran investor on price versus value that all investors should take note of.

Warren Buffett once said on making money: “If you don’t find a way to make money while you sleep, you will work until you die". (AI image for representative purpose only)

What is Warren Buffett's take on the stock market? He has in the past said that “The stock market is a device for transferring money from the impatient to the patient.”

Warren Buffett once famously spoke about greed and the guiding principle of investment that you shouldn't ignore: "Be fearful when others are greedy, and greedy when others are fearful," Buffett has said.

Warren Buffett has spoken about the importance of investing at fair price. He says, “It’s far better to buy a wonderful company at a fair price than a fair company at a wonderful price.” (AP Photo)

Warren Buffett on the importance of the company that you keep: “It’s better to hang out with people better than you. Pick out associates whose behaviour is better than yours and you’ll drift in that direction."

Warren Buffett has a tip on stock picking, quality stocks and the timing of buying them. “Whether we're talking about socks or stocks, I like buying quality merchandise, when it is marked down.”

Warren Buffett has always been a firm believer of seizing opportunities when they come your way. “Opportunities come infrequently. When it rains gold, put out the bucket, not the thimble.”