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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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... it's important to have the right monetary policy. It's important for, to have the right fiscal policy. But it's nowhere near as important as just the normal regenerative capacity of American capitalism.
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Valuing a business is part art and part science.
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In a difficult business, no sooner is one problem solved than another surfaces - never is there just one cockroach in the kitchen.
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The 19th century belonged to England, the 20th century belonged to the U.S., and the 21st century belongs to China. Invest accordingly.
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People will always try to stop you from doing the right thing if it is unconventional.
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I mean, you can explain the fact that these are depressed prices, you know. We think these assets are going to be worth a lot more. And I think that case can be made in certain situations. But I think to just say, you know, we're going to say a dollar of cash is worth $2 all of a sudden, it isn't worth $2. It's worth a dollar today.
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You can't buy what is popular and do well.
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We've got a wonderful economic formula in this country.
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The range of derivatives contracts is limited only by the imagination of man (or sometimes, so it seems, madmen). Say you want to write a contract speculating on the number of twins to be born in Nebraska in 2020. No problem-at a price, you will easily find an obliging counterparty.
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Having a large amount of leverage is like driving a car with a dagger on the steering wheel pointed at your heart. If you do that, you will be a better driver. There will be fewer accidents but when they happen, they will be fatal.
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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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it's a good idea to review past mistakes before committing new ones.
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The stock market is a wonderfully efficient mechanism for transferring wealth from the impatient to the patient.
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A hyperactive stock market is the pickpocket of enterprise.
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Opportunities come infrequently. When it rains gold, put out the bucket, not the thimble.
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If you don't know jewelry, know the jeweler.
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Either they're trying to con you or they're trying to con themselves.
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A very rich person should leave his kids enough to do anything, but not enough to do nothing.
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Mr. Market is your servant, not your guide.
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Very successful people say no to almost everything.
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