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The rich invest in time, the poor invest in money.

Warren Buffett

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Warren Buffett
Age: 94
Born: 1930
Born: August 30
Entrepreneur
Financier
Investor
Shareholder
Omaha
Nebraska
Warren Edward Buffett
Business
Money
Time
Invest
Investing
Wealth
Rich
Poor

More quotes by Warren Buffett

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Wall Street is the only place that people ride to in a Rolls Royce to get advice from those who take the subway.
Warren Buffett
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I would say that an RFC-like thing might make sense. I probably would do it myself. But I don't think trying to combine that with what's going through now, I think what is needed now is liquidity.
Warren Buffett
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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.
Warren Buffett
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When you listen to tax-cut rhetoric, remember that giving one class of taxpayer a break requires - now or down the line - that an equivalent burden be imposed on other parties. In other words, if I get a break, someone else pays. Government can't deliver a free lunch to the country as a whole. It can however, determine who pays for lunch.
Warren Buffett
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Investment decision should be made on the basis of the most probable compounding of after-tax net worth with minimum risk.
Warren Buffett
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Investing is forgoing consumption now in order to have the ability to consume more at a later date.
Warren Buffett
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Buy a business, don't rent stocks.
Warren Buffett
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I think you'll have plenty of scrutiny as how the money's invested. I mean, just like the RFC. When the RFC operated, people knew which institutions they were buying preferred stock in. And it worked very well.
Warren Buffett
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Interest rates are to asset prices what gravity is to the apple. When there are low interest rates, there is a very low gravitational pull on asset prices.
Warren Buffett
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We are in effect making a - to some extent, making a choice between future inflation and getting our - getting off the floor. And we're likely - we're likely to have more inflation in the future as a consequence of the things we do to fight the present situation.
Warren Buffett
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We always live in an uncertain world. What is certain is that the United States will go forward over time.
Warren Buffett
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I make no effort to predict the course of general business or the stock market. Period. However, currently there are practices snowballing in the security markets and business world which, while devoid of short term predictive value, bother me as to possible long term consequences.
Warren Buffett
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I’ve worked in an economy that rewards someone who saves the lives of others on a battlefield with a medal, rewards a great teacher with thank-you notes from parents, but rewards those who can detect the mispricing of securities with sums reaching into the billions.
Warren Buffett
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Never get too hung up on mistakes.
Warren Buffett
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Writing checks to the IRS that include strings of zeros does not bother me ... Overall, we feel extraordinarily lucky to have been dealt a hand in life that enables us to write large checks to the government rather than one requiring the government to regularly write checks to us-say, because we are disabled or unemployed.
Warren Buffett
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If you get to my age in life and nobody thinks well of you, I don't care how big your bank account is, your life is a disaster.
Warren Buffett
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I do know that when I am 60, I should be attempting to achieve different personal goals than those which had priority at age 20.
Warren Buffett
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Is management candid with the shareholders?
Warren Buffett
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Your money can be inflated away but your knowledge and talent cannot.
Warren Buffett
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The .350 hitter expects, and also deserves, a big payoff for his performance - even if he plays for a cellar-dwelling team. And a .150 hitter should get no reward - even if he plays for a pennant winner.
Warren Buffett