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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.

Warren Buffett

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Warren Buffett
Age: 94
Born: 1930
Born: August 30
Entrepreneur
Financier
Investor
Shareholder
Omaha
Nebraska
Warren Edward Buffett
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Interest rates are to asset prices what gravity is to the apple. When there are low interest rates, there is a very low gravitational pull on asset prices.
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I read annual reports of the company I'm looking at and I read the annual reports of the competitors - that is the main source of material.
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The stock market is a wonderfully efficient mechanism for transferring wealth from the impatient to the patient.
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Diversification is a protection against ignorance. It makes very little sense for those who know what they're doing.
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It's not debt per say that overwhelms an individual corporation or country. Rather it is a continuous increase in debt in relation to income that causes trouble.
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In the financial markets I find it easy to predict what will happen and very difficult to predict when it will happen. I think that things were clear during the bubble as to what would happen eventually.
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Too often, a vast collection of possessions ends up possessing its owner.
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I have a wonderful family. I have a job that I love and wonderful people who help me with it. It can't get any better than that.
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A home is one of the most important assets that most people will ever buy. Homes are also where memories are made and you want to work with someone you can trust.
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Investing in yourself is the best thing you can do. If you've got talents, no one can take them from you.
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Paradoxically, when 'dumb' money acknowledges its limitations, it ceases to be dumb.
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I am a huge bull on this country. We will not have a double-dip recession at all. I see our businesses coming back almost across the board.
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Writing a check separates a commitment from a conversation.
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