Quote

There are 309 million people out there that are trying to improve their lot in life. And we've got a system that allows them to do it.

Warren Buffett

Change background

T
T
T

Change font

TAGS & TOPICS

Warren Buffett
Age: 94
Born: 1930
Born: August 30
Entrepreneur
Financier
Investor
Shareholder
Omaha
Nebraska
Warren Edward Buffett
People
Allows
Improve
Million
Millions
System
Trying
Life

More quotes by Warren Buffett

Image
When you listen to tax-cut rhetoric, remember that giving one class of taxpayer a break requires - now or down the line - that an equivalent burden be imposed on other parties. In other words, if I get a break, someone else pays. Government can't deliver a free lunch to the country as a whole. It can however, determine who pays for lunch.
Warren Buffett
Image
... but the important thing is that when you do find one where you really do know what you are doing, you must buy in quantity.... Charlie and I have made a dozen or so very big decisions relative to net worth, although not as big as they should have been. And in each of those, we've known that we were almost certain to be right going in.
Warren Buffett
Image
If you want to shoot rare, fast-moving elephants, you should always carry a loaded gun.
Warren Buffett
Image
I made my first investment at age eleven. I was wasting my life up until then.
Warren Buffett
Image
Be brave when others are afraid, and afraid when others are brave.
Warren Buffett
Image
If I got any good ideas out of that or I think they're good ideas, I'll be glad to contribute them but the system will probably overdo some other things.
Warren Buffett
Image
In my opinion, the entire field of investment management, involving hundreds of billions of dollars, would be more satisfactorily conducted if everyone had a good yardstick for measurement of ability and sensibly applied it.
Warren Buffett
Image
The only question is whether you’re going to do it today or tomorrow. If you keep saying you’re going to do it tomorrow, you’ll never do it. You have to get on it today.
Warren Buffett
Image
I always say that in investing you want to buy stock in a company that has a business that's so good that an idiot can run it, because sooner or later one will. We have a country like that.
Warren Buffett
Image
Cultivate curiosity and strive to become a little wiser every day.
Warren Buffett
Image
When forced to choose, I will not trade even a night's sleep for the chance of extra profits.
Warren Buffett
Image
I certainly have no desire to sell a good controlled business run by people I like and admire, merely to obtain a fancy price. However, specific conditions may cause the sale of one operating unit at some point.
Warren Buffett
Image
An ounce of prevention is worth a pound of cure understated.
Warren Buffett
Image
No formula in finance tells you that the moat is 28 feet wide and 16 feet deep. That's what drives the academics crazy. They can compute standard deviations and betas, but they can't understand moats.
Warren Buffett
Image
One’s objective should be to get it right, get it quick, get it out and get it over. Your problem won’t improve with age.
Warren Buffett
Image
We've long felt that the only value of stock forecasters is to make fortune tellers look good. Even now, Charlie and I continue to believe that short-term market forecasts are poison and should be kept locked up in a safe place, away from children and also from grown-ups who behave in the market like children.
Warren Buffett
Image
The greatest Enemies of the Equity investor are Expenses and Emotions.
Warren Buffett
Image
We believe that according the name 'investors' to institutions that trade actively is like calling someone who repeatedly engages in one-night stands a 'romantic.'
Warren Buffett
Image
You have no ability, if you're a financial institution and you're threatened with criminal prosecution, you have no ability to negotiate.
Warren Buffett
Image
If you aren't willing to own a stock for ten years, don't even think about owning it for ten minutes. Put together a portfolio of companies whose aggregate earnings march upward over the years, and so also will the portfolio's market value.
Warren Buffett