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Unless your answers are clearly better, copy the answers of your betters.
Warren Buffett
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Warren Buffett
Age: 94
Born: 1930
Born: August 30
Entrepreneur
Financier
Investor
Shareholder
Omaha
Nebraska
Warren Edward Buffett
Betters
Copy
Copies
Clearly
Unless
Answers
Better
More quotes by Warren Buffett
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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Of one thing be certain: if a CEO is enthused about a particularly foolish acquisition, both his internal staff and his outside advisors will come up with whatever projections are needed to justify his stance. Only in fairy tales are emperors told that they are naked.
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Writing checks to the IRS that include strings of zeros does not bother me ... Overall, we feel extraordinarily lucky to have been dealt a hand in life that enables us to write large checks to the government rather than one requiring the government to regularly write checks to us-say, because we are disabled or unemployed.
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The greatest investment a young person can make is in their own education, in their own mind. Because money comes and goes. Relationships come and go. But what you learn once stays with you forever.
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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. I've never borrowed a significant amount of money in my life. Never. Never will. I've got no interest in it.
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Inflation could be a very - is a likely consequence out of what's going on now.
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It's class warfare, my class is winning, but they shouldn't be.
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Just imagine living on 21,000 a year. I mean you have 20 percent of the population doing that. So you don't have to worry about guys like me.
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It's the deleveraging that's going on right now that has caused the credit crisis.
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If you don't make mistakes you can't make decisions.
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There seems to be some perverse human characteristic that likes to make easy things difficult.
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I have three boxes on my desk: In, Out, and Too Hard.
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Returns decrease as motion increases.
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Good big decisions do not take time at all, if they do you are in trouble.
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I’ve never believed in risking what my family and friends have and need in order to pursue what they don’t have and don’t need.
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We need to throw the resources at this that are necessary. But like I say, we are not spending money. I mean, if we buy these assets intelligently, the United States Treasury will make money. I mean, it's borrowing money. It's just a few percent a year.
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If you have a harem of 40 women, you never get to know any of them very well.
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Accounting is the language of business.
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I always knew I was going to be rich. I don't think I ever doubted it for a minute.
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The ideal business is one that earns very high returns on capital and that keeps using lots of capital at those high returns. That becomes a compounding machine.
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