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I just think that - when a country needs more income and we do, we're only taking in 15 percent of GDP, I mean, that - that - when a country needs more income, they should get it from the people that have it.

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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Country
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Thinking
People
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More quotes by Warren Buffett

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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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... not doing what we love in the name of greed is very poor management of our lives.
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What could be more advantageous in an intellectual contest - whether it be chess, bridge, or stock selection - than to have opponents who have been taught that thinking is a waste of energy?
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A very rich person should leave his kids enough to do anything, but not enough to do nothing.
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If you've been playing poker for half an hour and you still don't know who the patsy is, you're the patsy.
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Managers thinking about accounting issues should never forget one of Abraham Lincoln's favorite riddles: How many legs does a dog have, if you call a tail a leg? The answer: Four, because calling a tail a leg doesn't make it a leg.
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Truly conservative actions arise from intelligent hypotheses, correct facts and sound reasoning.
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I think any time you couple the term Wall Street with bailout or something like that, you know - I don't like what's going on in Wall Street.
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If you buy things you do not need, soon you will have to sell things you need.
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In a bull market, one must avoid the error of the preening duck that quacks boastfully after a torrential rainstorm, thinking that its paddling skills have caused it to rise in the world. A right-thinking duck would instead compare its position after the downpour to that of the other ducks on the pond.
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Nevertheless, as circumstances presently appear, I feel substantially greater size is more likely to harm future results than to help them. This might not be true for my own personal results, but it is likely to be true for your results.
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Government can't deliver a free lunch to the country as a whole. It can, however, determine who pays for lunch. And last week the Senate handed the bill to the wrong party... the poor and middle class.
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Honesty is a very expensive gift, Don't expect it from cheap people.
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Investors should remember that excitement and expenses are their enemies. And if they insist on trying to time their participation in equities, they should try to be fearful when others are greedy and greedy only when others are fearful.
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It's never paid to bet against America. We come through things, but its not always a smooth ride.
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If past history was all there was to the game, the richest people would be librarians.
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The plan itself is opportunism. There is no plan before that.
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Money will always flow toward opportunity, and there is an abundance of that in America.
Warren Buffett
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I think confidence will come back.
Warren Buffett
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The much-maligned idle rich have received a bad rap: They have maintained their wealth while many There is scarcely an instance of a man who has made a fortune by speculation and kept it. Andrew Carnegie of the energetic rich, aggressive real estate operators, corporate acquirers, oil drillers, etc. have their fortunes disappear.
Warren Buffett