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I prefer liquor store robbers with hungry kids to companies that locate offshore to avoid U.S. taxes.
Warren Buffett
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Warren Buffett
Age: 94
Born: 1930
Born: August 30
Entrepreneur
Financier
Investor
Shareholder
Omaha
Nebraska
Warren Edward Buffett
Taxes
Robbers
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Liquor
Kids
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Hungry
Offshore
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More quotes by Warren Buffett
I would say that an RFC-like thing might make sense. I probably would do it myself. But I don't think trying to combine that with what's going through now, I think what is needed now is liquidity.
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If you can tell me who your heroes are, I can tell you how you're going to turn out in life.
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The only way to be loved is to be loveable, which really irritates me.
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To win, the first thing you have to do is not lose.
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I lose confidence in other people, all kinds of institutions.
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We always see shifts in employment. If you think about it, if you go back to 1800, it took 80 percent of the labor force to produce enough food for the country. Now it takes less than 3 percent. Well, the truth is that market systems move people around.
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You don't need to have extraordinary effort to achieve extraordinary results. You just need to do the ordinary, everyday things exceptionally well.
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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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I think it will get moving faster. I mean once you get it off the - once credit flows - now the recession is going to get worse.
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I'm not worried they're all about the investments we make. I mean, listen, this country - we've got $46,000 or $47,000 of GDP per capita. Now, we've done pretty darn well. We'll do better in the future.
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Cash combined with courage in a time of crisis is priceless.
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When a management with a reputation for brilliance tackles a business with a reputation for bad economics, it is the reputation of the business that remains intact.
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The [stock] market,like the Lord, helps those who help themselves. But, unlike the Lord, the market does not forgive those who know not what they do.
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Only when the tide goes out do you discover who's been swimming naked.
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What's nice about investing is you don't have to swing at every pitch.
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Truly conservative actions arise from intelligent hypotheses, correct facts and sound reasoning.
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