Warren Buffet Joins Twitter: More Than 160K Follow @WarrenBuffett In Five Hours

by Samantha Lile
Posted in Social Media 2 May 13
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warren buffett twitter

Warren is in the house.

Five simple words set Twitter abuzz late Monday morning when none other than Warren Buffett joined the social network and sent his first tweet during an interview with Fortune editor Pattie Sellers. In less than an hour Buffett’s single message had been retweeted more than 12,000 times and favorite more than 2,700 times, and the 82-year-old Berkshire Hathaway CEO had more than 65,000 followers.

Precariously adverse to technology, Buffett has traditionally been wary of social media. But he took part in a live-streamed video chat with Fortune two days ago where he answered questions sent to the Twitter hashtag #FortuneBuffett. Sellers and Buffett were discussing his essay on the lack of women in senior leadership roles.  In fact, three hours after the first Tweet, Buffett tweeted for the second time:

By the time the handle @WarrenBuffet was five hours old, it had amassed more than 164,000 followers. And although the novelty of following a recent Twitter convert—Buffett joins the ranks of other new users such as News Corp CEO Rupert Murdoch (@RupertMurdoch) and former President Bill Clinton (@BillClinton)—is likely a big draw right now, the investor known as the “Oracle of Omaha” is almost guaranteed to provide followers plenty of re-tweetable gems. After all, Buffett is one of the most quotable businessmen of our time. Join WallStreetInsanity as we recall some of our favorite Warren Buffett thoughts:

  • It’s far better to buy a wonderful company at a fair price than a fair company at a wonderful price.
  • The stock market is a no-called-strike game. You don’t have to swing at everything–you can wait for your pitch. The problem when you’re a money manager is that your fans keep yelling, ‘Swing, you bum!’
  • Wall Street is the only place that people ride to in a Rolls-Royce to get advice from those who take the subway.
  • After all, you only find out who is swimming naked when the tide goes out.
  • Our approach is very much profiting from lack of change rather than from change. With Wrigley chewing gum, it’s the lack of change that appeals to me. I don’t think it is going to be hurt by the Internet. That’s the kind of business I like.
  • I try to buy stock in businesses that are so wonderful that an idiot can run them. Because sooner or later, one will.
  • Rule No. 1: Never lose money. Rule No. 2: Never forget Rule No. 1.
  • Only when you combine sound intellect with discipline do you get rational behavior.
  • Without passion, you don’t have energy. Without energy, you have nothing.

Although many of his quotes are extracted from his annual letters to Berkshire Hathaway shareholders, Buffett is never one to be at a loss for words. His Twitter account will be one to watch.