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We continue to make more money when snoring than when active.

Warren Buffett

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Warren Buffett
Age: 94
Born: 1930
Born: August 30
Entrepreneur
Financier
Investor
Shareholder
Omaha
Nebraska
Warren Edward Buffett
Snoring
Timing
Investing
Active
Continue
Money
Make

More quotes by Warren Buffett

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I've never been very fully employed either.
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There seems to be some perverse human characteristic that likes to make easy things difficult.
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There are three kinds of people: 1. Innovators. 2. Imitators. 3. Idiots.
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The Noah rule: Predicting rain doesn't count building arks does.
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Look at market fluctuations as your friend rather than your enemy profit from folly rather than participate in it.
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I think you'll have plenty of scrutiny as how the money's invested. I mean, just like the RFC. When the RFC operated, people knew which institutions they were buying preferred stock in. And it worked very well.
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Writing a check separates a commitment from a conversation.
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In my view, [the trade deficit] will create political turmoil at some point...Pretty soon, I think there will be a big adjustment.
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Stocks are the only thing that people are happy to buy when the price goes up.
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You can't produce a baby in one month by getting nine women pregnant.
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When the president of the United States goes out at, you know, 8:00 o'clock in the morning and then his own party votes gets him 2 to 1 in the house, you know that somehow a message isn't getting out. It takes real leadership.
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There are certain things that cannot be adequately explained to a virgin either by words or pictures.
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In the end we must have people to match our principles, not the reverse.
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I'm just lucky to have been in the right place at the right time. Another place, another time, I wouldn't have been as successful. Society enabled me to make my money and my money should go to society.
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Risk can be greatly reduced by concentrating on only a few holdings.
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If you gave me the choice of being CEO of General Electric or IBM or General Motors, you name it, or delivering papers, I would deliver papers. I would. I enjoyed doing that. I can think about what I want to think. I don't have to do anything I don't want to do.
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You can be sure that over the next 10 years, you'll see something that you did not think was possible.
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What could be more advantageous in an intellectual contest - whether it be chess, bridge, or stock selection - than to have opponents who have been taught that thinking is a waste of energy?
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I do know that when I am 60, I should be attempting to achieve different personal goals than those which had priority at age 20.
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Failure comes from ego, greed, envy, fear, imitation. I have success not because I am smart, but because I am rational.
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