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Americans are in a cycle of fear which leads to people not wanting to spend and not wanting to make investments, and that leads to more fear. We'll break out of it. It takes time.
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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Make
Investment
Time
Americans
People
Spend
Takes
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Break
Cycle
Fear
Cycles
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Wanting
More quotes by Warren Buffett
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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.
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If you don't make mistakes you can't make decisions.
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Money will always flow toward opportunity, and there is an abundance of that in America.
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If you invested in a very low cost index fund - where you don't put the money in at one time, but average in over 10 years -you'll do better than 90% of people who start investing at the same time.
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When a management with a reputation for brilliance tackles a business with a reputation for bad economics, it is the reputation of the business that remains intact.
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Larger sums may be an advantage at some cases and a disadvantage at others.
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Knowing the edge of your competency is important. If you think you know more than you do, you will get in trouble.
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The most important investment you can make is in yourself. Very few people get anything like their potential horsepower translated into the actual horsepower of their output in life. Potential exceeds realization for many people...The best asset is your own self. You can become to an enormous degree the person you want to be.
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Someone is sitting in the shade today because someone planted a tree a long time ago.
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The Happiest people DO NOT necessarily have the BEST THINGS. They simply APPRECIATE the things they have.
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Wide diversification is only required when investors do not understand what they are doing.
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The smarter the journalists are, the better off society is.
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Problems in a company are like cockroaches in the kitchen. You will never find just one
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Buy a cross section of American industry, and if a cross section of American industry doesn't work, certainly trying to pick the little beauties here and there isn't going to work either.
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