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Let only individuals contribute - with sensible limits per election. Otherwise, we are well on our way to ensuring that a government of the moneyed, by the moneyed, and for the moneyed shall not perish from the earth.
Warren Buffett
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Warren Buffett
Age: 94
Born: 1930
Born: August 30
Entrepreneur
Financier
Investor
Shareholder
Omaha
Nebraska
Warren Edward Buffett
Earth
Contribute
Government
Sensible
Wells
Individuals
Well
Otherwise
Way
Election
Limits
Moneyed
Shall
Ensuring
Individual
Perish
More quotes by Warren Buffett
There are certain things that cannot be adequately explained to a virgin either by words or pictures.
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Working with people who cause your stomach to churn seems much like marrying for money - probably a bad idea under any circumstances, but absolute madness if you are already rich.
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I'll bring my tax returns you bring yours. I'll meet you anytime anywhere.
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You can't make a good deal with a bad person.
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We have learned to turn out lots of goods and services, but we haven't learned as well how to have everybody share in the bounty. The obligation of a society as prosperous as ours is to figure out how nobody gets left too far behind.
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I have no idea on timing. It’s easier to tell what will happen than when it will happen. I would say that what is going on in terms of trade policy is going to have very important consequences.
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I have an 800 freephone number now that I call if I get the urge to buy an airline stock. I call at two in the morning and I say: My name is Warren and I'm an aeroholic. And then they talk me down.
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America should stand for more than just wealth.
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If I got any good ideas out of that or I think they're good ideas, I'll be glad to contribute them but the system will probably overdo some other things.
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It's easier to create money than to spend it.
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An ounce of prevention is worth a pound of cure understated.
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SUPPOSE that an investor you admire and trust comes to you with an investment idea. This is a good one, he says enthusiastically. I'm in it, and I think you should be, too.
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Never do anything in life if you would be ashamed of seeing it printed on the front page of your hometown newspaper for your friends and family to see.
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I like to buy things I can understand. I do a lot of research on things.
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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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The key to investing is not assessing how much an industry is going to affect society, or how much it will grow, but rather determining the competitive advantage of any given company and, above all, the durability of that advantage.
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We can afford to lose money - even a lot of money. But we can't afford to lose reputation - even a shred of reputation.
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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.
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It's better to build than to buy if you can find the right people.
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Investing requires qualities of temperament way more than it requires qualities of intellect.
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