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Cash, though, is to a business as oxygen is to an individual: never thought about when it is present, the only thing in mind when it is absent... 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
Come
Bills
Without
Leave
Thing
Present
Oxygen
Mind
Though
Absent
Never
Individual
Tender
Business
Cash
Thought
Legal
Home
Dues
More quotes by Warren Buffett
I find that the standard of living does not go up in proportion with the cost of living. The trick in life is to do things that are fun all the time.
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In the search [of a deal], we adopt the same attitude one might find appropriate in looking for a spouse: It pays to be active, interested, and open-minded, but it does not pay to be in a hurry.
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You know, people talk about this being an uncertain time. You know, all time is uncertain. I mean, it was uncertain back in - in 2007, we just didn't know it was uncertain. It was - uncertain on September 10th, 2001. It was uncertain on October 18th, 1987, you just didn't know it.
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When people talk about cash being king, it's not king if it just sits there and never does anything.
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I always invest in companies an idiot could run, because one day one will.
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It takes 20 years to build a reputation and five minutes to ruin it. If you think about that, you'll do things differently.
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The Stock Market is designed to transfer money from the Active to the Patient.
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Honesty is a very expensive gift, Don't expect it from cheap people.
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Investment decision should be made on the basis of the most probable compounding of after-tax net worth with minimum risk.
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Anyone who believes a growth rate in excess of 15% per annum over the long term is attainable should pursue a career in sales, but avoid one in mathematics.
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Never ask a barber if you need a haircut.
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