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The nature of democracy is such that when there's - there'll be revulsion, obviously, towards - that's never going to happen again.

Warren Buffett

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Warren Buffett
Age: 94
Born: 1930
Born: August 30
Entrepreneur
Financier
Investor
Shareholder
Omaha
Nebraska
Warren Edward Buffett
Happen
Nature
Happens
Going
Never
Revulsion
Obviously
Towards
Democracy

More quotes by Warren Buffett

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In the insurance business, there is no statute of limitation on stupidity.
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I think you are out of your mind if you keep taking jobs that you don't like because you think it will look good on your resume. Isn't that a little like saving up sex for your old age?
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Our future rates of gain will fall far short of those achieved in the past. Berkshire's capital base is now simply too large to allow us to earn truly outsized returns. If you believe otherwise, you should consider a career in sales but avoid one in mathematics.
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It's not debt per say that overwhelms an individual corporation or country. Rather it is a continuous increase in debt in relation to income that causes trouble.
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I know what I want to do and it makes sense to get going.
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The power of unconditional love. I mean, there is no power on earth like unconditional love.
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I knew a lot about what I did when I was 20. I had read a lot, and I aspired to learn everything I could about the subject.
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You’ve gotta keep control of your time, and you can’t unless you say no. You can’t let people set your agenda in life.
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I always say that in investing you want to buy stock in a company that has a business that's so good that an idiot can run it, because sooner or later one will. We have a country like that.
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I think that both parties should declare the debt limit as a political weapon of mass destruction which can't be used. I mean, it is silly to have a country that has 237 years building up its reputation and then have people threaten to tear it down because they're not getting some other matter.
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Knowing what to leave out is just as important as knowing what to focus on.
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Too often, a vast collection of possessions ends up possessing its owner.
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People do, as long as you have markets, you'll have excesses.
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I've often felt there might be more to be gained by studying business failures than business successes.
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It's almost impossible to overpay the truly extraordinary CEO... but the species is rare.
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I'm not worried they're all about the investments we make. I mean, listen, this country - we've got $46,000 or $47,000 of GDP per capita. Now, we've done pretty darn well. We'll do better in the future.
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A stock doesn't know that you own it.
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Successful Investing takes time, discipline and patience. No matter how great the talent or effort, some things just take time: You can't produce a baby in one month by getting nine women pregnant.
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When we really sit back with a smile on our face is when we run into a situation we can understand, where the facts are ascertainable and clear, and the course of action obvious.
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I happen to have a talent for allocating capital. But my ability to use that talent is completely dependent on the society I was born into. If I'd been born into a tribe of hunters, this talent of mine would be pretty worthless. I can't run very fast. I'm not particularly strong. I'd probably end up as some wild animal's dinner.
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