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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
Kids
Store
Stores
Prefer
Companies
Hungry
Offshore
Avoid
Locate
Taxes
Robbers
Company
Liquor

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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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Every company that has an economist working for him has one employee too many.
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The woman that comes in, takes the wastebasket away, she's paying 15.3 or whatever it is on payroll tax alone. I mean it is - I never had it so good.
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I think that actually people in my situation should be paying more tax.
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The most important quality for an investor is temperament, not intellect. You need a temperament that neither derives great pleasure from being with the crowd or against the crowd.
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When you build a bridge, you insist that it can carry 30,000 pounds, but you only drive 10,000-pound trucks across it. And that same principle works in investing.
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I make plenty of mistakes and I'll make plenty more mistakes, too. That's part of the game. You've just got to make sure that the right things overcome the wrong ones.
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In the financial markets I find it easy to predict what will happen and very difficult to predict when it will happen. I think that things were clear during the bubble as to what would happen eventually.
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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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If you can't communicate and talk to other people and get across your ideas, you're giving up your potential.
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It's never paid to bet against America.
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Mark Zuckerberg will be a hero to many young entrepreneurs 20 years from now. Bill Gates will be a hero to others, and they will look to those [people] like I read books when I was in my teens about Rockefeller or Carnegie.
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Of the billionaires I have known, money just brings out the basic traits in them. If they were jerks before they had money, they are simply jerks with a billion dollars.
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Failure comes from ego, greed, envy, fear, imitation. I have success not because I am smart, but because I am rational.
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It is madness to risk losing what you need in pursuing what you simply desire.
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They [Goverment] take from the woman who comes in and takes the wastebaskets out.
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