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I could end the deficit in 5 minutes. You just pass a law that says that anytime there is a deficit of more than 3% of GDP all sitting members of congress are ineligible for reelection.

Warren Buffett

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Warren Buffett
Age: 94
Born: 1930
Born: August 30
Entrepreneur
Financier
Investor
Shareholder
Omaha
Nebraska
Warren Edward Buffett
Sitting
Minutes
Reelection
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Buffets
Law
Anytime
Ends
Deficit
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More quotes by Warren Buffett

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The business schools reward difficult complex behavior more than simple behavior, but simple behavior is more effective.
Warren Buffett
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You're neither right nor wrong because other people agree with you. You're right because your facts are right and your reasoning is right - that's the only thing that makes you right. And if your facts and reasoning are right, you don't have to worry about anybody else.
Warren Buffett
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Mr. Market is your servant, not your guide.
Warren Buffett
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Never invest in a business you can't understand
Warren Buffett
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In the long run managements stressing accounting appearance over economic substance usually achieve little of either.
Warren Buffett
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I think once you start putting phony figures into financial statements, you get in a lot of trouble. And we've seen so much of that in the last 20 years.
Warren Buffett
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A bull market is like sex. It feels best just before it ends.
Warren Buffett
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Investing is the greatest business in the world because you never have to swing. You stand at the plate the pitcher throws you General Motors at 47! U.S. Steel at 39! And nobody calls a strike on you. There's no penalty except opportunity. All day you wait for the pitch you like then, when the fielders are asleep, you step up and hit it.
Warren Buffett
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You can be sure that over the next 10 years, you'll see something that you did not think was possible.
Warren Buffett
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Success is having people love you that you want to have love you.
Warren Buffett
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Well, I think the biggest mistake is not learning the habits of saving properly early. Because saving is a habit. And then, trying to get rich quick. It's pretty easy to get well-to-do slowly. But it's not easy to get rich quick.
Warren Buffett
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Nothing sedates rationality like large doses of effortless money.
Warren Buffett
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At age 19, I read a book [The Intelligent Investor] and what I'm doing today, at age 76, is running things through the same thought process I learned from the book I read at 19.
Warren Buffett
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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?
Warren Buffett
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The key to life is to figure out who to be the batboy for.
Warren Buffett
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Buy into a company because you want to own it, not because you want the stock to go up.
Warren Buffett
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I buy expensive suits - they just look cheap on me.
Warren Buffett
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Investors have to remember: corporate profits are going up, but stocks are going up faster. How can that continue indefinitely? Investors can only earn what companies themselves can earn the government or the markets themselves don't kick anything in. How can you get anything more out of a farm than what it grows?
Warren Buffett
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I never buy anything unless I can fill out on a piece of paper my reasons. I may be wrong, but I would know the answer to that ...I'm paying $32 billion today for the Coca Cola Company because... If you can't answer that question, you shouldn't buy it. If you can answer that question, and you do it a few times, you'll make a lot of money.
Warren Buffett
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The plan itself is opportunism. There is no plan before that.
Warren Buffett