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When the brothel burns down, even the pretty girls have to run out.

Warren Buffett

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Warren Buffett
Age: 94
Born: 1930
Born: August 30
Entrepreneur
Financier
Investor
Shareholder
Omaha
Nebraska
Warren Edward Buffett
Investing
Girls
Pretty
Girl
Running
Even
Brothel
Brothels
Burns

More quotes by Warren Buffett

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Stop trying to predict the direction of the stock market, the economy or elections.
Warren Buffett
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At this point, when treasury bills, seven day treasury bills at 1/20th of one percent, it's not because people want to earn 1/20th of one percent, it's because they trust the fact the treasury will give it back to them next week.
Warren Buffett
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Look at market fluctuations as your friend rather than your enemy profit from folly rather than participate in it.
Warren Buffett
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I don't read economic forecasts. I don't read the funny papers.
Warren Buffett
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A pin lies in wait for every bubble and when the two eventually meet, a new wave of investors learns some very old lessons.
Warren Buffett
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No formula in finance tells you that the moat is 28 feet wide and 16 feet deep. That's what drives the academics crazy. They can compute standard deviations and betas, but they can't understand moats.
Warren Buffett
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I do not like debt and do not like to invest in companies that have too much debt, particularly long-term debt. With long-term debt, increases in interest rates can drastically affect company profits and make future cash flows less predictable.
Warren Buffett
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It isn't given to man to be able to run a financial institution where different interest-rate scenarios will prevail on all of that so as to produce kind of smooth, regular earnings from a very large base to start with.
Warren Buffett
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The trick is, when there is nothing to do, do nothing.
Warren Buffett
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I think I could make you fifty percent a year on one million dollars. No, I know I could. I guarantee that.
Warren Buffett
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Don't pass up something that's attractive today because you think you will find something way more attractive tomorrow.
Warren Buffett
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A bull market is like sex. It feels best just before it ends.
Warren Buffett
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I would say it's more important who the treasury secretary is than who the vice president is. If you want to have a debate here, I'd like a debate between potential treasury secretaries than the vice presidential debate.
Warren Buffett
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To win, the first thing you have to do is not lose.
Warren Buffett
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I mean there is no capital requirements to it or anything of the sort. And basically, I said there were possibly financial weapons of mass destruction, and they had them. They destroyed AIG. They certainly contributed to the destruction of Bear Sterns and Lehman. Although Lehman had other problems, too.
Warren Buffett
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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.
Warren Buffett
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Someone's sitting in the shade today because someone planted a tree a long time ago. The person sitting in the shade now should be grateful for the person who planted and tended that tree. That includes all those benefactors of humanity throughout history that created, invented, financed, produced, maintained and improved all that we enjoy today.
Warren Buffett
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Trust is like the air we breathe--when it's present, nobody really notices when it's absent, everybody notices.
Warren Buffett
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Turnarounds seldom turn.
Warren Buffett
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We have a country where I don't know whether it's a million households a year or more, but good form.
Warren Buffett