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You do not adequately protect yourself by being half awake when other are sleeping.
Warren Buffett
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Warren Buffett
Age: 94
Born: 1930
Born: August 30
Entrepreneur
Financier
Investor
Shareholder
Omaha
Nebraska
Warren Edward Buffett
Awake
Protect
Sleep
Half
Adequately
Sleeping
Investing
More quotes by Warren Buffett
A very rich person should leave his kids enough to do anything, but not enough to do nothing.
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I never try to predict the market.
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When you build a bridge, you insist that it can carry 30,000 pounds, but you only drive 10,000-pound trucks across it. And that same principle works in investing.
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In the business world, the rearview mirror is always clearer than the windshield.
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You have to be able to communicate in life and probably schools underemphasize that. If you can't talk to people or write, you're giving up your potential.
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I think people - what people want to do is make [economy] get worse.
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Derivatives are like sex. It's not who we're sleeping with, it's who they're sleeping with that's the problem.
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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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Never lie under any circumstances.
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What's going to happen - things we're doing are going to have some inflationary consequences.
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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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My friends and I have been coddled long enough by a billionaire-friendly Congress.
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The critical investment factor is determining the intrinsic value of a business and paying a fair or bargain price.
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I checked the actuarial tables, and the lowest death rate is among six-year-olds. So I decided to eat like a six-year-old.
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I don't have my diploma from the University of Nebraska hanging on my office wall, and I don't have my diploma from Columbia up there either-but I do have my Dale Carnegie graduation certificate proudly displayed.
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We've been in a recession, by any common sense definition, because if you look at the American public, they've got 20 billion - 20 trillion, I should say, worth of residential homes.
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The capital gains tax is 15 percent now. So I sit there in my office and I make a lot of money by capital gains, and I pay 15 percent, and I pay no payroll tax on it.
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That's the reality of what they're going to sell them to the Treasury for.
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They [Goverment] take from the woman who comes in and takes the wastebaskets out.
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I think it will get moving faster. I mean once you get it off the - once credit flows - now the recession is going to get worse.
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