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My idea of a group decision is to look in the mirror.
Warren Buffett
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Warren Buffett
Age: 94
Born: 1930
Born: August 30
Entrepreneur
Financier
Investor
Shareholder
Omaha
Nebraska
Warren Edward Buffett
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Mirror
Mirrors
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Ideas
More quotes by 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.
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Do not save what is left after spending, but spend what is left after saving.
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What the wise do in the beginning, fools do in the end.
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When people tell me they've learned from experience, I tell them the trick is to learn from other people's experience.
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I would say the biggest single cause was we had an incredible residential real estate bubble.
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We believe that according the name 'investors' to institutions that trade actively is like calling someone who repeatedly engages in one-night stands a 'romantic.'
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Wide diversification is only required when investors do not understand what they are doing.
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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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I could end the deficit in 5 minutes. You just pass a law that says that anytime there is a deficit of more than 3% of GDP all sitting members of congress are ineligible for reelection.
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In an inflationary world, a toll bridge (like company) would be a great thing to own because you've laid out the capital costs. You built it in old dollars and you don't have to keep replacing it.
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Our goal is to find an outstanding business at a sensible price, not a mediocre business at a bargain price.
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You should invest like a Catholic marries: for life.
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If you're extremely rich, and you have got children, my theory was, you give them enough so they can do anything, but not enough so they can do nothing.
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House prices just soared beyond - beyond reason in many places and they got financed in silly ways, and people lied about loans, all kinds of accesses entered into it. But that is what - that is the single biggest cause of why we're here.
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I don't think you can have a better secretary of the Treasury than Hank Paulson.
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I think that actually people in my situation should be paying more tax.
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You should invest in a business that even a fool can run, because someday a fool will.
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I always invest in companies an idiot could run, because one day one will.
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It makes a difference who the treasury secretary is.
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It's a lot easier to buy things than it is to sell them.
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