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Do not save what is left after spending, but spend what is left after saving.
Warren Buffett
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Warren Buffett
Age: 94
Born: 1930
Born: August 30
Entrepreneur
Financier
Investor
Shareholder
Omaha
Nebraska
Warren Edward Buffett
Save
Spend
Inspirational
Buffets
Left
Savings
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Investors
Life
Excellent
Saving
Spending
More quotes by Warren Buffett
Of the billionaires I have known, money just brings out the basic traits in them. If they were jerks before they had money, they are simply jerks with a billion dollars.
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[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.
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... not doing what we love in the name of greed is very poor management of our lives.
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If we have a strength, it is in recognizing when we are operating well within our circle of competence and when we are approaching the perimeter.
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If we start deciding, based on guesses or emotions, whether we will or won't participate in a business where we should have some long run edge, we're in trouble.
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Never give up searching for the job that you're passionate about.
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When they get their ego involved, people do things they shouldn't do.
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Gold has two significant shortcomings, being neither of much use nor procreative.
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It's the deleveraging that's going on right now that has caused the credit crisis.
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We don't get paid for activity, just for being right. As to how long we'll wait, we'll wait indefinitely.
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As far as you are concerned, the stock market does not exist. Ignore it.
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I really like my life. I've arranged my life so that I can do what I want.
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If you gave me the choice of being CEO of General Electric or IBM or General Motors, you name it, or delivering papers, I would deliver papers. I would. I enjoyed doing that. I can think about what I want to think. I don't have to do anything I don't want to do.
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In the end we must have people to match our principles, not the reverse.
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Do what you would do for free, having passion for what you do is the most important thing.
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I've made money over the years by buying into good companies, run by good people, at attractive prices. And I don't try and make it out of buying into the market at one point and selling at another point.
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If you want your business to survive for 100 years, you've got to make it through every single day for 100 years. It's not enough to do it 99.9% of the time.
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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.
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My wealth has come from a combination of living in America, some lucky genes, and compound interest.
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We've got a wonderful economic formula in this country.
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