Quote

I do not believe in inheriting your position in society based on which womb you come from... I think a rich person should leave his children enough so they can do anything, but not enough so they can do nothing.

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
Nothing
Position
Enough
Wisdom
Children
Rich
Believe
Society
Think
Anything
Inheriting
Thinking
Persons
Womb
Person
Based
Come
Leave

More quotes by Warren Buffett

Image
If you are not willing to own a stock for 10 years, do not even think about owning it for 10 minutes.
Warren Buffett
Image
Much success can be attributed to inactivity. Most investors cannot resist the temptation to constantly buy and sell.
Warren Buffett
Image
Too often, a vast collection of possessions ends up possessing its owner.
Warren Buffett
Image
I think the biggest thing we need is to unclog the credit markets, and we may need another stimulus - if we do, it's - it should go to the lower and middle-income people.
Warren Buffett
Image
Problems in a company are like cockroaches in the kitchen. You will never find just one
Warren Buffett
Image
Benign neglect, bordering on sloth, remains the hallmark of our investment process.
Warren Buffett
Image
Focus on return on equity, not earnings per share.
Warren Buffett
Image
You have to be able to communicate in life and probably schools underemphasize that. If you can't talk to people or write, you're giving up your potential.
Warren Buffett
Image
I always invest in companies an idiot could run, because one day one will.
Warren Buffett
Image
We've got all the ingredients for a sensational future.
Warren Buffett
Image
What's going to happen - things we're doing are going to have some inflationary consequences.
Warren Buffett
Image
Working with people who cause your stomach to churn seems much like marrying for money - probably a bad idea under any circumstances, but absolute madness if you are already rich.
Warren Buffett
Image
The best asset is your own self. You can become to an enormous degree the person you want to be
Warren Buffett
Image
Failing conventionally is the route to go as a group, lemmings may have a rotten image, but no individual lemming has ever received bad press
Warren Buffett
Image
An irresistable footnote: in 1971, pension fund managers invested a record 122% of net funds available in equities - at full prices they couldn't buy enough of them. In 1974, after the bottom had fallen out, they committed a then record low of 21% to stocks.
Warren Buffett
Image
Resolution Trust Company was set up to liquidate a bunch of assets that the government had inherited because the savings and loans went broke.
Warren Buffett
Image
There's not many businesses where someone can come in and offer to cut the price in half and somebody doesn't think about shifting. But that's the nature of the ratings business.
Warren Buffett
Image
We've had public companies in the past in that business and they bleed. We've got a lot more blood than they do.
Warren Buffett
Image
I've seen more people fail because of liquor and leverage -- leverage being borrowed money. You really don't need leverage in this world much. If you're smart, you're going to make a lot of money without borrowing.
Warren Buffett
Image
Our approach is very much profiting from lack of change rather than from change.
Warren Buffett