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I am a huge bull on this country. We will not have a double-dip recession at all. I see our businesses coming back almost across the board.
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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Businesses
More quotes by Warren Buffett
It's not debt per say that overwhelms an individual corporation or country. Rather it is a continuous increase in debt in relation to income that causes trouble.
Warren Buffett
The critical investment factor is determining the intrinsic value of a business and paying a fair or bargain price.
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I have a house that I bought 55 years ago. It's warm in the winter it's cool in the summer. It has everything I wanted, plus it has all kinds of good memories. Like my kids, I have good thoughts about that. I can't imagine living any better.
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If you're an investor, you're looking on what the asset is going to do, if you're a speculator, you're commonly focusing on what the price of the object is going to do, and that's not our game.
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The U.S. Treasury has got borrowing costs like nobody else has.
Warren Buffett
People always ask me where they should go to work, and I always tell them to go to work for whom they admire the most.
Warren Buffett
In the end we must have people to match our principles, not the reverse.
Warren Buffett
Buy a business, don't rent stocks.
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The stock market is a wonderfully efficient mechanism for transferring wealth from the impatient to the patient.
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In other words, the percentage change in book value in any given year is likely to be reasonably close to that year's change in intrinsic value.
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Although we deal with probabilities and expectations, the actual results can deviate substantially from such expectations, particularly on a short-term basis.
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I happen to have a talent for allocating capital. But my ability to use that talent is completely dependent on the society I was born into. If I'd been born into a tribe of hunters, this talent of mine would be pretty worthless. I can't run very fast. I'm not particularly strong. I'd probably end up as some wild animal's dinner.
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I believe the chance of any event causing Berkshire to experience financial problems is essentially zero. We will always be prepared for the thousand-year flood in fact, if it occurswe will be selling life jackets to the unprepared.
Warren Buffett
There is no staff. I make all the investment decisions and I do all my own analysis.
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I am not worried about the country. I'm just worried about anything that gums up the potential of the country. And right now, it's pretty gummed up.
Warren Buffett
Things you like to do should be a hobby of yours, but things the world does should be a business of yours.
Warren Buffett
I am a better investor because I am a businessman, and a better businessman because I am no investor.
Warren Buffett
Wild swings in share prices have more to do with the lemming- like behaviour of institutional investors than with the aggregate returns of the company they own.
Warren Buffett
Mr. Market is your servant, not your guide.
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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