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Every company that has an economist working for him has one employee too many.

Warren Buffett

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Warren Buffett
Age: 94
Born: 1930
Born: August 30
Entrepreneur
Financier
Investor
Shareholder
Omaha
Nebraska
Warren Edward Buffett
Economist
Employee
Company
Working
Many
Every

More quotes by Warren Buffett

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It will be good for us in the long run, and I mean there are, you know, six and a half billion people in this world. And it's great for 300 million to keep enjoying more and more property, but I think it's terrific if, you know, the remainder do.
Warren Buffett
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I don't think you can have a better secretary of the Treasury than Hank Paulson.
Warren Buffett
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You can't produce a baby in one month by getting nine women pregnant.
Warren Buffett
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Beware of geeks bearing formulas.
Warren Buffett
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We are trading away a little bit of our country all the time for this access consumption that we have over what we've produced. That is not good. I think it's terrible over time. But our country's productive grows enough so we actually can do that, and we'll still be better off. We just don't be as well off as if we hadn't done it.
Warren Buffett
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Investors... can't pick stocks that are better than average. Stocks are a good thing to own over time. There's only two things you can do wrong: You can buy the wrong ones, and you can buy or sell them at the wrong time. And the truth is you never need to sell them.
Warren Buffett
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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.
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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The latter qualification brings to mind a fellow who applied for a job and stated he had twenty years of experience-which was corrected by a former employer to read one year's experience-twenty times.
Warren Buffett
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Observing that the market was FREQUENTLY efficient, EMT Adherents went on to conclude incorrectly that it was ALWAYS efficient. The difference between these propositions is night and day.
Warren Buffett
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The good thing is, we have household formation in this country.
Warren Buffett
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It's just that I landed up in a terrific capitalist system. One that pays people who allocate capital extraordinarily well. Intrinsically, I'm not worth as much as somebody who invents something that could improves people's life, or health or whatever.
Warren Buffett
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We really can say no in 10 seconds or so to 90%+ of all the things that come along simply because we have these filters.
Warren Buffett
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People will always try to stop you from doing the right thing if it is unconventional.
Warren Buffett
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If knowing history made you rich, librarians would be billionaires.
Warren Buffett
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Investment students need only two well-taught courses - How to Value a Business and How to Think About Market Prices
Warren Buffett
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If I were the treasury secretary or head of the Fed, you know, I would try to scare the hell the out of the private sector and say, you better save this because you're going down with the ship.
Warren Buffett
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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.
Warren Buffett
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What motivates most gold purchasers is their belief that the ranks of the fearful will grow ... As 'bandwagon' investors join any party, they create their own truth - for a while.
Warren Buffett
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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.
Warren Buffett