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We're still in a recession. We're not gonna be out of it for a while, but we will get out.

Warren Buffett

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Warren Buffett
Age: 94
Born: 1930
Born: August 30
Entrepreneur
Financier
Investor
Shareholder
Omaha
Nebraska
Warren Edward Buffett
Recessions
Gonna
Stills
Still
Recession

More quotes by Warren Buffett

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Investors should be skeptical of history-based models. Constructed by a nerdy-sounding priesthood using esoteric terms such as beta, gamma, sigma and the like, these models tend to look impressive. Too often, though, investors forget to examine the assumptions behind the models. Beware of geeks bearing formulas.
Warren Buffett
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I will do anything that is basically covered by the law to reduce Berkshire's tax rate. For example, on wind energy, we get a tax credit if we build a lot of wind farms. That's the only reason to build them. They don't make sense without the tax credit.
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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.
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Either they're trying to con you or they're trying to con themselves.
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The best investment you can make, is an investment in yourself... The more you learn, the more you'll earn.
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Never ask a barber if you need a haircut.
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The greater the potential for reward in the value portfolio, the less risk there is.
Warren Buffett
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Our future rates of gain will fall far short of those achieved in the past. Berkshire's capital base is now simply too large to allow us to earn truly outsized returns. If you believe otherwise, you should consider a career in sales but avoid one in mathematics.
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We say we are trying to buy into businesses with excellent economics, run by honest and able people at a decent price. We buy very few securities, so we look at it as focused investing.
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Anyone who believes a growth rate in excess of 15% per annum over the long term is attainable should pursue a career in sales, but avoid one in mathematics.
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Risk can be greatly reduced by concentrating on only a few holdings.
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Does the business have favourable long term prospects?
Warren Buffett
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You do things when the opportunities come along. I've had periods in my life when I've had a bundle of ideas come along, and I've had long dry spells. If I get an idea next week, I'll do something. If not, I won't do a damn thing.
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The Fed is the greatest hedge fund in history.
Warren Buffett
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The only way to be loved is to be loveable, which really irritates me.
Warren Buffett
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A CEO's behavior has a huge impact on managers down the line.
Warren Buffett
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You pay a very high price in the stock market for a cheery consensus.
Warren Buffett
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I mean, you may be very mad at some guy that walked away with a huge golden parachute, but that really isn't the important thing.
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I lose confidence in other people, all kinds of institutions.
Warren Buffett
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For some reason, people take their cues from price action rather than from values. What doesn't work is when you start doing things that you don't understand or because they worked last week for somebody else. The dumbest reason in the world to buy a stock is because it's going up.
Warren Buffett