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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
Time
Invest
Investing
Wealth
Rich
Poor
Business
Money

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Don't pass up something that's attractive today because you think you will find something way more attractive tomorrow.
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Always associate yourself with people who are better than you.
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Goldman Sachs saying they might be interested in such an investment. I'm familiar with the company. I've known the management, the current management, Jack Welch before Jeff Immelt. I've known him for decades.
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The obligation of a society as prosperous as ours is to figure out how nobody gets left too far behind.
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Wall Street makes its money on activity. You make your money on inactivity.
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No matter how great the talent or efforts, some things just take time.
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When you combine ignorance and leverage, you get some pretty interesting results.
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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.
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What the human being is best at doing is interpreting all new information so that their prior conclusions remain intact.
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The business schools reward difficult complex behavior more than simple behavior, but simple behavior is more effective.
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This country is going - be living better ten years from now than it is now. It will be living better in 20 years from now than ten years from now. The ingredients that made this country, you know, the miracle of the world - I mean we had a seven for one improvement in the average American standard of living in the 20th century.
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Risk comes from not knowing what you're doing.
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Occasionally, a man must rise above principles.
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A contrarian approach is just as foolish as a follow-the-crowd strategy. What's required is thinking rather than polling.
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We need to throw the resources at this that are necessary. But like I say, we are not spending money. I mean, if we buy these assets intelligently, the United States Treasury will make money. I mean, it's borrowing money. It's just a few percent a year.
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I think what people understand there probably - well, they were hoping the private sector would do it [rescuing AIG ].
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I'm putting all my money in the Chinese toy market.
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I buy expensive suits - they just look cheap on me.
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