Share
×
Inspirational Quotes
Authors
Professions
Topics
Tags
Quote
[Gold] gets dug out of the ground in Africa, or someplace. Then we melt it down, dig another hole, bury it again and pay people to stand around guarding it. It has no utility. Anyone watching from Mars would be scratching their head.
Warren Buffett
Share
Change background
T
T
T
Change font
Original
TAGS & TOPICS
Warren Buffett
Age: 94
Born: 1930
Born: August 30
Entrepreneur
Financier
Investor
Shareholder
Omaha
Nebraska
Warren Edward Buffett
Stand
Africa
Scratching
Head
Holes
Guarding
Anyone
Investing
Someplace
Another
Ground
Melt
Around
Watching
Bury
Would
Gold
Utility
People
Pay
Mars
Gets
Hole
More quotes by Warren Buffett
Basically, the single-most important decision in evaluating a business is pricing power.
Warren Buffett
America should stand for more than just wealth.
Warren Buffett
Very successful people say no to almost everything.
Warren Buffett
I don't think it would be crazy to have a model or an entity model on the Reconstruction Finance Corp.
Warren Buffett
To win, the first thing you have to do is not lose.
Warren Buffett
The real fortunes in this country have been made by people who have been right about the business they invested in, and not right about the timing of the stock market.
Warren Buffett
We still find very few [stocks] that even mildly interest us. That dismal fact is testimony to the insanity of valuations reached during The Great Bubble. Unfortunately, the hangover may prove to be proportional to the binge.
Warren Buffett
We've used up a lot of bullets. And we talk about stimulus. But the truth is, we're running a federal deficit that's 9 percent of GDP. That is stimulative as all get out. It's more stimulative than any policy we've followed since World War II.
Warren Buffett
I think the FDIC was one of the great inventions of the American.
Warren Buffett
There are all kinds of businesses that Charlie and I don't understand, but that doesn't cause us to stay up at night. It just means we go on to the next one, and that's what the individual investor should do.
Warren Buffett
When a management with reputation for brilliance gets hooked up with a business with a reputation for bad economics, it's the reputation of the business that remains intact.
Warren Buffett
I can do anything I want, basically, as long as it doesn't involve athletic ability, or something like that.
Warren Buffett
The most important investment you can make is in yourself... nobody can tax it or take it away from you.
Warren Buffett
Chains of habit are too light to be felt until they are too heavy to be broken.
Warren Buffett
When the brothel burns down, even the pretty girls have to run out.
Warren Buffett
You're dealing with a lot of silly people in the marketplace it's like a great big casino and everyone else is boozing. If you can stick with Pepsi, you should be OK.
Warren Buffett
You don't need to have extraordinary effort to achieve extraordinary results. You just need to do the ordinary, everyday things exceptionally well.
Warren Buffett
It's class warfare, my class is winning, but they shouldn't be.
Warren Buffett
Calculate owner earnings to get a true reflection of value.
Warren Buffett
When it's raining gold, reach for a bucket, not a thimble.
Warren Buffett
