Quote

As of 1992, in fact-though the picture would have improved since then-the money that had been made since the dawn of aviation by all of this country's airline companies was zero. Absolutely zero.

Warren Buffett

Change background

T
T
T

Change font

TAGS & TOPICS

Warren Buffett
Age: 94
Born: 1930
Born: August 30
Entrepreneur
Financier
Investor
Shareholder
Omaha
Nebraska
Warren Edward Buffett
Facts
Dawn
Money
Companies
Country
Picture
Made
Absolutely
Would
Since
Airline
Company
Improved
Though
Aviation
Fact
Zero

More quotes by Warren Buffett

Image
You know ... you keep doing the same things and you keep getting the same result over and over again.
Warren Buffett
Image
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.
Warren Buffett
Image
Investors should be skeptical of history-based models. Constructed by a nerdy-sounding priesthood using esoteric terms such as beta, gamma, sigma and the like, these models tend to look impressive. Too often, though, investors forget to examine the assumptions behind the models. Beware of geeks bearing formulas.
Warren Buffett
Image
I like to go for cinches. I like to shoot fish in a barrel. But I like to do it after the water has run out.
Warren Buffett
Image
You have hedge funds and people like that buying these assets to yield 15 or 20 percent, I mean, that's the buyer for these people that are trying to unload them.
Warren Buffett
Image
I could end the deficit in 5 minutes. You just pass a law that says that anytime there is a deficit of more than 3% of GDP all sitting members of congress are ineligible for reelection.
Warren Buffett
Image
Take Wrigley's Chewing Gum. I don't think the Internet is going to change how people chew gum.
Warren Buffett
Image
Other guys read Playboy. I read annual reports.
Warren Buffett
Image
Time is the friend of the wonderful company, the enemy of the mediocre.
Warren Buffett
Image
Inflation could be a very - is a likely consequence out of what's going on now.
Warren Buffett
Image
Never invest in a business you don't understand.
Warren Buffett
Image
To be successful, you should concentrate on the world of companies, not arcane accounting mathematics.
Warren Buffett
Image
Either they're trying to con you or they're trying to con themselves.
Warren Buffett
Image
The only question is whether you’re going to do it today or tomorrow. If you keep saying you’re going to do it tomorrow, you’ll never do it. You have to get on it today.
Warren Buffett
Image
The nature of democracy is such that when there's - there'll be revulsion, obviously, towards - that's never going to happen again.
Warren Buffett
Image
Only when you combine sound intellect with emotional discipline do you get rational behavior.
Warren Buffett
Image
... but the important thing is that when you do find one where you really do know what you are doing, you must buy in quantity.... Charlie and I have made a dozen or so very big decisions relative to net worth, although not as big as they should have been. And in each of those, we've known that we were almost certain to be right going in.
Warren Buffett
Image
You have to turn over a lot of rocks to find those little anomalies. You have to find the companies that are off the map - way off the map.
Warren Buffett
Image
I look at everything. That's my job. I really do, every day. I think about everything.
Warren Buffett
Image
If you hit a hole in one every hole, you wouldn’t play golf for very long.
Warren Buffett