Billionaire investor Warren Buffett holds a Korean traditional crown, which is a present from employees of TaeguTec, during a meeting with employees in Daegu, about 300 km (189 miles) southeast of Seoul, October 25, 2007.REUTERS/Jo Yong-Hak
Warren Buffett is one of the most successful investors in history. “The Oracle of Omaha” has an estimated net worth of nearly $77 billion, making him the fourth-richest person in the world.
From drinking Coke for breakfast to carrying around an old-school flip phone, Buffett has always done things his way.
On the occasion of his 88th birthday on August 30, we compiled a few of his best quotes to take you inside his head.
Some things take time.
Paul Morigi/Getty; Shayanne Gal/Business Insider
“No matter how great the talent or efforts, some things take time. You can’t produce a baby in one month by getting nine women pregnant.”
Act with integrity.
Michael Buckner/Getty; Shayanne Gal/Business Insider
“It takes 20 years to build a reputation and five minutes to ruin it. If you think about that, you’ll do things differently.”
Give to those less fortunate.
Eric Francis/Getty; Shayanne Gal/Business Insider
“If you’re in the luckiest 1% of humanity, you owe it to the rest of humanity to think about the other 99%.”
You don’t have to be a genius to invest well.
Donald Bowers/Getty; Shayanne Gal/Business Insider
“You don’t need to be a rocket scientist. Investing is not a game where the guy with the 160 IQ beats the guy with 130 IQ.”
Kathleen Elkins and Anaele Pelisson contributed to this story.