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A fool and his money are soon invited everywhere.
Warren Buffett
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Warren Buffett
Age: 94
Born: 1930
Born: August 30
Entrepreneur
Financier
Investor
Shareholder
Omaha
Nebraska
Warren Edward Buffett
Italian
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Everywhere
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Soon
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Invited
Airborne
More quotes by Warren Buffett
Our favorite holding period is forever.
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The range of derivatives contracts is limited only by the imagination of man (or sometimes, so it seems, madmen). Say you want to write a contract speculating on the number of twins to be born in Nebraska in 2020. No problem-at a price, you will easily find an obliging counterparty.
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The U.S. Treasury has got borrowing costs like nobody else has.
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The three most important words in investing...Margin of Safety.
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We have a country where I don't know whether it's a million households a year or more, but good form.
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Does the business have favourable long term prospects?
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Should you find yourself in a chronically leaking boat, energy devoted to changing vessels is likely to be more productive than energy devoted to patching leaks.
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If you want to soar like an eagle in life, you can't be flocking with the turkeys.
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Always invest for the long term.
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You shouldn't own common stocks if a 50 per cent decrease in their value in a short period of time would cause you acute distress.
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Gold is a way of going long on fear, and it has been a pretty good way of going long on fear from time to time. But you really have to hope people become more afraid in a year or two years than they are now. And if they become more afraid you make money, if they become less afraid you lose money, but the gold itself doesn’t produce anything.
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Someone is sitting in the shade today because someone planted a tree a long time ago.
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I think the most important factor in getting out of the recession actually is just the regenerative capacity of - of American capitalism.
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I'm just lucky to have been in the right place at the right time. Another place, another time, I wouldn't have been as successful. Society enabled me to make my money and my money should go to society.
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I mean there is no capital requirements to it or anything of the sort. And basically, I said there were possibly financial weapons of mass destruction, and they had them. They destroyed AIG. They certainly contributed to the destruction of Bear Sterns and Lehman. Although Lehman had other problems, too.
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It's very important that the determination of the US Congress to do what is is needed be made evident this week and by the actions of most of the members. I mean, you're not going to get total assent.
Warren Buffett
Forecasts usually tell us more of the forecaster than of the forecast
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A home is one of the most important assets that most people will ever buy. Homes are also where memories are made and you want to work with someone you can trust.
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There is no question we have an access stock.
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We've had public companies in the past in that business and they bleed. We've got a lot more blood than they do.
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