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The smarter the journalists are, the better off society is. For to a degree, people read the press to inform themselves - and the better the teacher, the better the student body.
Warren Buffett
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Warren Buffett
Age: 94
Born: 1930
Born: August 30
Entrepreneur
Financier
Investor
Shareholder
Omaha
Nebraska
Warren Edward Buffett
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More quotes by Warren Buffett
We don't read other people's opinions. We want to get the facts, and then think.
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Asking for financial advice from a financial planner is like asking a barber if you need a hair cut.
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Like most trends, at the beginning it's driven by fundamentals, at some point speculation takes over. What the wise man does in the beginning, the fool does in the end.
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That's the reality of what they're going to sell them to the Treasury for.
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If we start deciding, based on guesses or emotions, whether we will or won't participate in a business where we should have some long run edge, we're in trouble.
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If past history was all there was to the game, the richest people would be librarians.
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I choose to work with every single person that I work with. That ends up being the most important factor. I don't interact with people I don't like or admire. That's the key. It's like marrying.
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The key to success is emotional stability.
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You don't want 300 million Americans putting their money under the mattress.
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The best investment you can make is in yourself.
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If you buy the things you don't need, you will soon be selling the things that you need.
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We've used derivatives for many, many years. I don't think derivatives are evil, per se, I think they are dangerous.
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Beware [of] the investment activity that produces applause the great moves are usually greeted by yawns.
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Somebody's buying these treasury bills at 1/20th of one percent. Consuming about $2 billion a day of goods and services beyond what we're producing. In other words, the rest of the world sends about $2 billion a day net of something.We got to send them something in return, don't we. So we send them little pieces of paper.
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I think I could make you fifty percent a year on one million dollars. No, I know I could. I guarantee that.
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Successful Investing takes time, discipline and patience. No matter how great the talent or effort, some things just take time: You can't produce a baby in one month by getting nine women pregnant.
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I could end the deficit in 5 minutes. You just pass a law that says that anytime there is a deficit of more than 3% of GDP all sitting members of congress are ineligible for reelection.
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Ignore the stock market, ignore the economy, and buy a business you understand.
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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.
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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.
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