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With enough insider information and a million dollars, you can go broke in a year.

Warren Buffett

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Warren Buffett
Age: 94
Born: 1930
Born: August 30
Entrepreneur
Financier
Investor
Shareholder
Omaha
Nebraska
Warren Edward Buffett
Million
Millions
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Insider
Enough
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Years
Investing
Broke
Dollars

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I view derivatives as time bombs, both for the parties that deal in them and the economic system.
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First come the innovators, then come the imitators, then come the idiots.
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It's nice to have a lot of money, but you know, you don't want to keep it around forever. I prefer buying things. Otherwise, it's a little like saving sex for your old age.
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Every day that goes by, I mean, if you don't react to Pearl Harbor for a week or two weeks or three weeks, you're behind in the war that you otherwise would have fought.
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There is no question we have an access stock.
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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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Inflation could be a very - is a likely consequence out of what's going on now.
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Never lie under any circumstances.
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America should stand for more than just wealth.
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...I will give you two pieces of advice. Invest as much in yourself as you can you are your own best asset by far. Then follow your passion you want to be really excited to get out of bed every morning.
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Turnarounds seldom turn.
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it's a good idea to review past mistakes before committing new ones.
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Let only individuals contribute - with sensible limits per election. Otherwise, we are well on our way to ensuring that a government of the moneyed, by the moneyed, and for the moneyed shall not perish from the earth.
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There’s class warfare, all right, but it’s my class, the rich class, that’s making war, and we’re winning.
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The Fed is the greatest hedge fund in history.
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If you knew what was going to happen in the economy, you still wouldn't necessarily know what was going to happen in the stock market.
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A Company should be viewed as an unfolding movie, not as a still photograph
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When you combine ignorance and leverage, you get some pretty interesting results.
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In other words, the percentage change in book value in any given year is likely to be reasonably close to that year's change in intrinsic value.
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The only time to buy these is on a day with no 'y' in it.
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