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If I eat 2,700 calories a day, a quarter of that is Coca-Cola.
Warren Buffett
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Warren Buffett
Age: 94
Born: 1930
Born: August 30
Entrepreneur
Financier
Investor
Shareholder
Omaha
Nebraska
Warren Edward Buffett
Cola
Coca
Calories
Quarter
Quarters
More quotes by Warren Buffett
If you've got the power to raise prices without losing business to a competitor, you've got a very good business. And if you have to have a prayer session before raising the price by a tenth of a cent, then you've got a terrible business. I've been in both, and I know the difference.
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An IPO is like a negotiated transaction - the seller chooses when to come public - and it's unlikely to be a time that's favourable to you.
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Turnarounds seldom turn.
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Take the job you would take if you were independently wealthy. You're going to do well at it.
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I prefer liquor store robbers with hungry kids to companies that locate offshore to avoid U.S. taxes.
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Our approach is very much profiting from lack of change rather than from change. With Wrigley chewing gum, it's the lack of change that appeals to me. I don't think it is going to be hurt by the Internet. That's the kind of business I like.
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Chains of habit are too light to be felt until they are too heavy to be broken.
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I have this complicated procedure I go through every morning, which is to look in the mirror and decide what I'm going to do. And I feel at that point, everybody's had their say.
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The Fed is the greatest hedge fund in history.
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It's very important that the determination of the US Congress to do what is is needed be made evident this week and by the actions of most of the members. I mean, you're not going to get total assent.
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I just think that - when a country needs more income and we do, we're only taking in 15 percent of GDP, I mean, that - that - when a country needs more income, they should get it from the people that have it.
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Forecasts usually tell us more of the forecaster than of the forecast
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If you want to soar like an eagle in life, you can't be flocking with the turkeys.
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For some reason people take their cues from price action rather than from values. Price is what you pay. Value is what you get.
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If you can't communicate and talk to other people and get across your ideas, you're giving up your potential.
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That's the reality of what they're going to sell them to the Treasury for.
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If you buy things you do not need, soon you will have to sell things you need.
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I look for businesses in which I think I can predict what they're going to look like in ten to fifteen years time. Take Wrigley's chewing gum. I don't think the internet is going to change how people chew gum.
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We are in effect making a - to some extent, making a choice between future inflation and getting our - getting off the floor. And we're likely - we're likely to have more inflation in the future as a consequence of the things we do to fight the present situation.
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I am not worried about the country. I'm just worried about anything that gums up the potential of the country. And right now, it's pretty gummed up.
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