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When bills come due, only cash is legal tender. Don't leave home without it.

Warren Buffett

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Warren Buffett
Age: 94
Born: 1930
Born: August 30
Entrepreneur
Financier
Investor
Shareholder
Omaha
Nebraska
Warren Edward Buffett
Cash
Legal
Dues
Bills
Leave
Home
Come
Without
Tender

More quotes by Warren Buffett

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Risk comes from not knowing what you are doing so wide diversification is only required when investors are ignorant. You only have to do a very few things in your life so long as you don't do too many things wrong.
Warren Buffett
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In the great majority of cases we simply do not know enough about the industry or company to come to sensible judgments-in that situation we pass.
Warren Buffett
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They say the chains of habit are too light to be felt until they are too heavy to be broken. The chains you put around yourself now have enormous consequences as you go through life.
Warren Buffett
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The most common cause of low prices is pessimism - some times pervasive, some times specific to a company or industry. We want to do business in such an environment, not because we like pessimism but because we like the prices it produces. It's optimism that is the enemy of the rational buyer.
Warren Buffett
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We also believe candour benefits us as managers. The CEO who misleads often in public eventually misleads himself in private.
Warren Buffett
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Mark Zuckerberg will be a hero to many young entrepreneurs 20 years from now. Bill Gates will be a hero to others, and they will look to those [people] like I read books when I was in my teens about Rockefeller or Carnegie.
Warren Buffett
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Let blockheads read what blockheads wrote.
Warren Buffett
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I look at everything. That's my job. I really do, every day. I think about everything.
Warren Buffett
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Don't invest in pieces of papers (stocks), invest in great businesses underlying them
Warren Buffett
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You have hedge funds and people like that buying these assets to yield 15 or 20 percent, I mean, that's the buyer for these people that are trying to unload them.
Warren Buffett
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When we own portions of outstanding businesses with outstanding managements, our favorite holding period is forever.
Warren Buffett
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I'm putting all my money in the Chinese toy market.
Warren Buffett
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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.
Warren Buffett
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Occasionally, a man must rise above principles.
Warren Buffett
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Other guys read Playboy. I read annual reports.
Warren Buffett
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Inactivity strikes us as intelligent behavior.
Warren Buffett
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Why not invest your assets in the companies you really like? As Mae West said, 'Too much of a good thing can be wonderful'.
Warren Buffett
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I always invest in companies an idiot could run, because one day one will.
Warren Buffett
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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
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You can't produce a baby in one month by getting nine women pregnant.
Warren Buffett