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Money to some extent sometimes let you be in more interesting environments. But it can't change how many people love you or how healthy you are.

Warren Buffett

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Warren Buffett
Age: 94
Born: 1930
Born: August 30
Entrepreneur
Financier
Investor
Shareholder
Omaha
Nebraska
Warren Edward Buffett
Environment
Interesting
Money
Change
Many
Environments
Sometimes
Extent
Love
Investing
People
Healthy

More quotes by Warren Buffett

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The key to life is to figure out who to be the batboy for.
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Buy a cross section of American industry, and if a cross section of American industry doesn't work, certainly trying to pick the little beauties here and there isn't going to work either.
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In a commodity business, it's very hard to be smarter than your dumbest competitor.
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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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I mean, if Pearl Harbor came along, you could have said the planning was wrong by the military ahead of time or maybe the battleships shouldn't have all been in the harbor and all that kind of thing.
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You can't make a good deal with a bad person.
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If you own the only newspaper in town, up until the last five years or so, you have pricing power and you didn't have to go to the office.
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I mean, you can explain the fact that these are depressed prices, you know. We think these assets are going to be worth a lot more. And I think that case can be made in certain situations. But I think to just say, you know, we're going to say a dollar of cash is worth $2 all of a sudden, it isn't worth $2. It's worth a dollar today.
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There's nothing inappropriate about having debt in America. It's what helped us grow over time. And it's when debt gets out of control that you worry.
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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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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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The U.S. Treasury has got borrowing costs like nobody else has.
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I insist on a lot of time being spent, almost every day, to just sit and think. That is very uncommon in American business.
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What motivates most gold purchasers is their belief that the ranks of the fearful will grow ... As 'bandwagon' investors join any party, they create their own truth - for a while.
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But 300 million Americans, their lending institutions, their government, their media, all believed that house prices were going to go up consistently. And that got billed into a $20 trillion residential home market. Lending was done based on it, and everybody did a lot of foolish things.
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The most dangerous distractions are the ones you love, but that don’t love you back.
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I look at everything. That's my job. I really do, every day. I think about everything.
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An investor should ordinarily hold a small piece of an outstanding business with the same tenacity that an owner would exhibit if he owned all of that business.
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We look for things I can understand. A lot of businesses I don't understand.
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I wouldn’t mind going to jail if I had three cellmates who played bridge
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