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I'm the luckiest guy in the world in terms of what I do for a living. No one can tell me to do things I don't believe in or things I think are stupid.
Warren Buffett
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Warren Buffett
Age: 94
Born: 1930
Born: August 30
Entrepreneur
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Omaha
Nebraska
Warren Edward Buffett
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More quotes by Warren Buffett
I've argued with the senators and congressmen I've talked to. You don't want to be too little too late. If you buy them at the right price, you may be buying two trillion of face value.
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Paradoxically, when 'dumb' money acknowledges its limitations, it ceases to be dumb.
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Never get too hung up on mistakes.
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This country is going - be living better ten years from now than it is now. It will be living better in 20 years from now than ten years from now. The ingredients that made this country, you know, the miracle of the world - I mean we had a seven for one improvement in the average American standard of living in the 20th century.
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In investing, just as in baseball, to put runs on the scoreboard, one must watch the playing field, not the scoreboard.
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The market system rewards me outlandishly for what I do, but that doesn't mean I'm any more deserving of a good life than a teacher or a doctor or someone who fights in Afghanistan.
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A contrarian approach is just as foolish as a follow-the-crowd strategy. What's required is thinking rather than polling.
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It makes a difference who the treasury secretary is.
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I think what people understand there probably - well, they were hoping the private sector would do it [rescuing AIG ].
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Buy a business, don't rent stocks.
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The purpose of life is to be loved by as many people as possible among those you want to have love you
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An ounce of prevention is worth a pound of cure understated.
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Derivatives are like sex. It's not who we're sleeping with, it's who they're sleeping with that's the problem.
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As of 1992, in fact-though the picture would have improved since then-the money that had been made since the dawn of aviation by all of this country's airline companies was zero. Absolutely zero.
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Opportunities come infrequently. When it rains gold, put out the bucket, not the thimble.
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What's nice about investing is you don't have to swing at every pitch.
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Take the job you would take if you were independently wealthy. You're going to do well at it.
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If you can't communicate and talk to other people and get across your ideas, you're giving up your potential.
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I'll tell you why I like the cigarette business. It cost a penny to make. Sell it for a dollar. It's addictive. And there's a fantastic brand loyalty.
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It is to our advantage to have securities do nothing price-wise for months, or perhaps years, while we are buying them.
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