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A bull market is like sex. It feels best just before it ends.
Warren Buffett
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Warren Buffett
Age: 94
Born: 1930
Born: August 30
Entrepreneur
Financier
Investor
Shareholder
Omaha
Nebraska
Warren Edward Buffett
Sex
Ends
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Bull
Bulls
Market
More quotes by Warren Buffett
I mean, Hank Paulson is in there [ Treasury] at the wrong time, probably shouldn't have taken the job. He's a friend of mine. But he knows markets, he knows corporations' work, he knows money, and he's got the interests of the country at heart.
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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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Investing is not as tough as being a top-notch bridge player. All it takes is the ability to see things as they really are.
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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.
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Cultivate curiosity and strive to become a little wiser every day.
Warren Buffett
I know the country works extremely well. You know, but when it isn't clogged up.
Warren Buffett
We've used up a lot of bullets. And we talk about stimulus. But the truth is, we're running a federal deficit that's 9 percent of GDP. That is stimulative as all get out. It's more stimulative than any policy we've followed since World War II.
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The reaction of weak management to weak operations is often weak accounting.
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I can do anything I want, basically, as long as it doesn't involve athletic ability, or something like that.
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Every day that goes by, I mean, if you don't react to Pearl Harbor for a week or two weeks or three weeks, you're behind in the war that you otherwise would have fought.
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I would push purchasing power - you push out $1,000 of purchasing to those people, it's going to get - it's going to get spent. And it needs to be spent. They need it. And it should come, to some extent, from guys like me.
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Never lie under any circumstances.
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We're still in a recession. We're not gonna be out of it for a while, but we will get out.
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Never depend on a single source of income.
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If you don't feel comfortable owning something for 10 years, then don't own it for 10 minutes.
Warren Buffett
We have provided capital here with a couple of institutions recently. The Federal government did that in the '30s for the RFC and I think there could well be a proper role for government in that.
Warren Buffett
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.
Warren Buffett
Equities will do well over time - you just have to avoid getting excited when other people are getting excited.
Warren Buffett
My wealth has come from a combination of living in America, some lucky genes, and compound interest.
Warren Buffett
I have a house that I bought 55 years ago. It's warm in the winter it's cool in the summer. It has everything I wanted, plus it has all kinds of good memories. Like my kids, I have good thoughts about that. I can't imagine living any better.
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