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If this is a war, my side has the nuclear bomb. We have K Street. We have Wall Street. Debbie doesn't have anybody. I want a government that is responsive to the people who got the short straw in life.

Warren Buffett

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Warren Buffett
Age: 94
Born: 1930
Born: August 30
Entrepreneur
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Warren Edward Buffett
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I did not think I would see the day when, you know, an AIG would not be able to have its checks clear.
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You don't ever ask a barber whether you need a haircut.
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The active investors will have their returns diminished by a far greater percentage than will their inactive brethren. That means that the passive group - the know-nothings - must win.
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To win, the first thing you have to do is not lose.
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It's just that right now the athlete's on the floor. But we - this is a super athlete.
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An irresistable footnote: in 1971, pension fund managers invested a record 122% of net funds available in equities - at full prices they couldn't buy enough of them. In 1974, after the bottom had fallen out, they committed a then record low of 21% to stocks.
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If you do smart things and use leverage and do one wrong thing along the way, it could wipe you out, because anything times zero is zero. But it's reinforcing when the people around you are doing it successfully, you're doing it successfully, and it's a lot like Cinderella at the ball.
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Never give up searching for the job that you’re passionate about. Try to find the job you’d have if you were independently rich. Forget about the pay. When you’re associating with the people that you love, doing what you love, it doesn’t get any better than that.
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The only question is whether you’re going to do it today or tomorrow. If you keep saying you’re going to do it tomorrow, you’ll never do it. You have to get on it today.
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Life is like a snowball. The important thing is finding wet snow and a really long hill.
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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.
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The nature of democracy is such that when there's - there'll be revulsion, obviously, towards - that's never going to happen again.
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Would your reply possibly be this? Well, it all depends on what my tax rate will be on the gain you're saying we're going to make. If the taxes are too high, I would rather leave the money in my savings account, earning a quarter of 1 percent. Only in Grover Norquist's imagination does such a response exist.
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Much success can be attributed to inactivity. Most investors cannot resist the temptation to constantly buy and sell.
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When bills come due, only cash is legal tender. Don't leave home without it.
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I learned to go into business only with people whom I like, trust, and admire.
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It's much easier to stay out of trouble now than to get out of trouble later.
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Bull markets and Bear markets can obscure mathematical laws, they cannot repeal them.
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