Quote

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

Change background

T
T
T

Change font

TAGS & TOPICS

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

More quotes by Warren Buffett

Image
I think that actually people in my situation should be paying more tax.
Warren Buffett
Image
I mean, you know, you're not going to change the human animal. And the human animal really doesn't get a lot smarter.
Warren Buffett
Image
It is madness to risk losing what you need in pursuing what you simply desire.
Warren Buffett
Image
When bills come due, only cash is legal tender. Don't leave home without it.
Warren Buffett
Image
I learned to go into business only with people whom I like, trust, and admire.
Warren Buffett
Image
I mean the truth is, I've never had it so good in terms of taxes. I am paying the lowest tax rate that I've ever paid in my life.
Warren Buffett
Image
Time is your friend, impulse is your enemy. Take advantage of compound interest and don't be captivated by the siren song of the market.
Warren Buffett
Image
I will do anything that is basically covered by the law to reduce Berkshire's tax rate. For example, on wind energy, we get a tax credit if we build a lot of wind farms. That's the only reason to build them. They don't make sense without the tax credit.
Warren Buffett
Image
If you've got a good enough business, if you have a monopoly newspaper, if you have a network television station - I'm talking of the past - you know, your idiot nephew could run it. And if you've got a really good business, it doesn't make any difference.
Warren Buffett
Image
Gold is a way of going long on fear, and it has been a pretty good way of going long on fear from time to time. But you really have to hope people become more afraid in a year or two years than they are now. And if they become more afraid you make money, if they become less afraid you lose money, but the gold itself doesn’t produce anything.
Warren Buffett
Image
The fact that people will be full of greed, fear, or folly is predictable. The sequence is not predictable.
Warren Buffett
Image
All there is to investing is picking good stocks at good times and staying with them as long as they remain good companies.
Warren Buffett
Image
If knowing history made you rich, librarians would be billionaires.
Warren Buffett
Image
Someone is sitting in the shade today because someone planted a tree a long time ago.
Warren Buffett
Image
In earlier years, a lesser effort produced literally dozens of comparable opportunities. It is difficult to be objective about the causes for such diminution of one's own productivity. Three factors that seem apparent are: (1) a somewhat changed market environment (2) our increased size and (3) substantially more competition.
Warren Buffett
Image
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.
Warren Buffett
Image
If you want a government that's going to do the things we ask our government to do, you've got to get it from somebody.
Warren Buffett
Image
I wouldn’t mind going to jail if I had three cellmates who played bridge
Warren Buffett
Image
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.
Warren Buffett
Image
The extraordinary business does not require good management.
Warren Buffett