Not only was Buffett a successful investor, his wisdom will last forever. Here are some of his best quotes

• Berkshire Hathaway, CEO Warren Buffett Its plans were announced on Saturday to step ascend as CEO by the end of the year. The legendary investor will leave a permanent legacy and follow -up around the world after I swear by the words of wisdom. luck I collected some of the best quotes from “Oracle of Omaha”.

The CEO of Berkshire Hathaway Warren Buffett for shareholders at the company’s annual meeting on Saturday announced that he is expected to step down as CEO by the end of the year.

With Berkshire’s success, Pavite became a famous investor, as he collected loyal followers that follow his market movements.

But Pavite, who is called “Oracle of Omaha”, was not the successful in his investment, and his intelligence and wisdom highlight his unprecedented career.

luck Collect some of his best quotes over the years:

• “When we have parts of distinguished companies with distinct departments, our favorite retaining period is forever,” Buffett wrote in the 1988 shareholder speech, commenting on modern investments in Coca -Cola and Faridi Mac.
• He said in a letter to the shareholders in 1989: “It is much better to buy a wonderful company at a fair price from a fair company at a great price.”
• “You know, Wall Street is the only place where people are walking in Rolls -Royce to get advice from those who take the subway,” said Pavit. Los Angeles Times newspaper In 1991.
• “Only when the tide comes out to learn who was swimming naked,” he said in the 1992 shareholder.
• “Beware of the investment activity that results from applause; the great moves are usually dealt with by yawning,” and warned in the shareholders ’speech in 2008 amid the bubble of the US Treasury.
• “A simple base dictates that I buy: Be afraid when others are greedy, and they are greedy when others fear,” Pavit wrote in 2008. New York Times The opening.
• “Our hatred for benefit may spoil our returns over the years. But Charlie [Munger] I sleep well. He warned in the 2017 shareholders ’speech.
• “Despite almost the tendency of our citizens-enthusiasm-for self-criticism and self-doubt, I have not yet seen a time when I made sense to bet in the long term against America,” Pavit said in the shareholders ’speech for 2022.

This story was originally shown on Fortune.com