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If anything, taxes for the lower and middle class and maybe even the upper-middle class should even probably be cut further. But I think that people at the high end - people like myself - should be paying a lot more in taxes. We have it better than we've ever had it.

Warren Buffett

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Warren Buffett
Age: 94
Born: 1930
Born: August 30
Entrepreneur
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Omaha
Nebraska
Warren Edward Buffett
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More quotes by Warren Buffett

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My father was the best person i've ever known.
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In fact, in my adult lifetime, I don't think I've ever seen people as fearful economically as they are right now.
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When you build a bridge, you insist that it can carry 30,000 pounds, but you only drive 10,000-pound trucks across it. And that same principle works in investing.
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It is impossible to unsign a contract, so do all your thinking before you sign.
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It takes 150 years to build an investment bank and only five minutes to convince you to sell me preferred stock in it at a 10% interest rate.
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First, many in Wall Street - a community in which quality control is not prized - will sell investors anything they will buy.
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You know, people talk about this being an uncertain time. You know, all time is uncertain. I mean, it was uncertain back in - in 2007, we just didn't know it was uncertain. It was - uncertain on September 10th, 2001. It was uncertain on October 18th, 1987, you just didn't know it.
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If you want to soar like an eagle in life, you can't be flocking with the turkeys.
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I think the worst mistake you can make in stocks is to buy or sell based on current headlines.
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The rest of the world really likes our stuff pretty well. It's just we buy so damn much of what they produce.
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You don't need to be an expert in order to achieve satisfactory investment returns. But if you aren't, you must recognize your limitations and follow a course certain to work reasonably well. Keep things simple and don't swing for the fences.
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Whether we’re talking about socks or stocks, I like buying quality merchandise when it is marked down.
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The ability to say no is a tremendous advantage for an investor.
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If AIG had tried to unwind their derivatives books. I don't know. It would have hit every institution in the world.
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My net worth is the market value of holdings less the tax payable upon sale. The liability is just as real as the asset unless the value of the asset declines (ouch), the asset is given away (no comment), or I die with it. The latter course of action would appear to at least border on a Pyrrhic victory.
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I was lucky to have the right heroes. Tell me who your heroes are and I'll tell you how you'll turn out to be. The qualities of the one you admire are the traits that you, with a little practice, can make your own, and that, if practiced, will become habit forming.
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I never try to predict the market.
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We have usually made our best purchases when apprehensions about some macro event were at a peak. Fear is the foe of the faddist, but the friend of the fundamentalist.
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I’ve never believed in risking what my family and friends have and need in order to pursue what they don’t have and don’t need.
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An investor should act as though he had a lifetime decision card with just twenty punches on it.
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