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
Made
Absolutely
Would
Since
Airline
Company
Improved
Though
Aviation
Fact
Zero
Facts
Dawn
Money
Companies
Country
Picture

More quotes by Warren Buffett

Image
In business, I look for economic castles protected by unbreachable 'moats'.
Warren Buffett
Image
The Fed is the greatest hedge fund in history.
Warren Buffett
Image
You’d get very rich if you thought of yourself as having a card with only twenty punches in a lifetime, and every financial decision used up one punch. You’d resist the temptation to dabble. You’d make more good decisions and you’d make more big decisions.
Warren Buffett
Image
The one piece of advice I can give you is, do what turns you on. Do something that if you had all the money in the world, you’d still be doing it. You’ve got to have a reason to jump out of bed in the morning.
Warren Buffett
Image
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.
Warren Buffett
Image
The same things happen to quite an extent around the globe. I mean, the European banks were doing what the American banks were.
Warren Buffett
Image
If at first you do succeed, quit trying on investing.
Warren Buffett
Image
As one of my older friends says, Nostalgia just isn't what it used to be. Let's take a stab at it, anyway.
Warren Buffett
Image
In the search [of a deal], we adopt the same attitude one might find appropriate in looking for a spouse: It pays to be active, interested, and open-minded, but it does not pay to be in a hurry.
Warren Buffett
Image
The dumbest reason in the world to buy a stock is because it's going up.
Warren Buffett
Image
Equities will do well over time - you just have to avoid getting excited when other people are getting excited.
Warren Buffett
Image
My job is essentially just corralling more and more and more facts and information, and occasionally seeing whether that leads to some action.
Warren Buffett
Image
Most investors, both institutional and individual, will find that the best way to own common stocks (shares') is through an index fund that charges minimal fees. Those following this path are sure to beat the net results (after fees and expenses) of the great majority of investment professionals.
Warren Buffett
Image
You are neither right nor wrong because the crowd disagrees with you.
Warren Buffett
Image
Shares are not mere pieces of paper. They represent part ownership of a business. So, when contemplating an investment, think like a prospective owner.
Warren Buffett
Image
I think the oversight is great, and I think that oversight ought to be devoted almost entirely to the question is this being done at market you know. In other words, you want to make sure that the government isn't investing foolishly. But you don't want to care about which congressional districts it goes to or whether banks get favored over.
Warren Buffett
Image
Beware [of] the investment activity that produces applause the great moves are usually greeted by yawns.
Warren Buffett
Image
Part of making good decisions in business is recognizing the poor decisions you've made and why they were poor. I've made lots of mistakes. I'm going to make more. It's the name of the game. You don't want to expect perfection in yourself. You want to strive to do your best. It's too demanding to expect perfection in yourself.
Warren Buffett
Image
Much success can be attributed to inactivity. Most investors cannot resist the temptation to constantly buy and sell.
Warren Buffett
Image
I mean, in terms of alternatives, some people have suggested for example that why don't we - why isn't America doing what Berkshire Hathaway is doing? Why isn't that a better deal for America?
Warren Buffett