Warren Buffett is not just  one of the most successful investors of all time, but also a really good communicator. Constantly ranked amongst the top three richest people in the world, he is also one of the great philanthropists of our times. By listening to and applying his wise counsel without doubt you will become a better investor. In this article I am going to list 15 of the best Warren Buffett quotes.

It takes 20 years to build a reputation and five minutes to ruin it. If you think about that, you'll do things differently. “

“In the 20th century, the United States endured two world wars and other traumatic and expensive military conflicts; the Depression; a dozen or so recessions and financial panics; oil shocks; a flu epidemic; and the resignation of a disgraced president. Yet the Dow rose from 66 to 11,497. “

“It's better to hang out with people better than you. Pick out associates whose behavior is better than yours and you'll drift in that direction. “

“It's far better to buy a wonderful company at a fair price than a fair company at a wonderful price. “

“Look at market fluctuations as your friend rather than your enemy; profit from folly rather than participate in it.”

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

“Risk comes from not knowing what you're doing. “

“Rule No.1: Never lose money. Rule No.2: Never forget rule No.1. “

“You're neither right nor wrong because other people agree with you. You're right because your facts are right and your reasoning is right—and that's the only thing that makes you right. And if your facts and reasoning are right, you don't have to worry about anybody else.”

“Someone's sitting in the shade today because someone planted a tree a long time ago. “

“Time is the friend of the wonderful company, the enemy of the mediocre. “

“I never buy anything unless I can fill out on a piece of paper my reasons. I may be wrong, but I would know the answer to that. "I'm paying $32 billion today for the Coca Cola Company because..." If you can't answer that question, you shouldn't buy it. If you can answer that question, and you do it a few times, you'll make a lot of money."

“We simply attempt to be fearful when others are greedy and to be greedy only when others are fearful. “

“You only have to do a very few things right in your life so long as you don't do too many things wrong. “

“You ought to be able to explain why you're taking the job you're taking, why you're making the investment you're making, or whatever it may be. And if it can't stand applying pencil to paper, you'd better think it through some more. And if you can't write an intelligent answer to those questions, don't do it”

I hope you liked this list of famous Warren Buffett quotes.