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Government can't deliver a free lunch to the country as a whole. It can, however, determine who pays for lunch. And last week the Senate handed the bill to the wrong party... the poor and middle class.
Warren Buffett
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Warren Buffett
Age: 94
Born: 1930
Born: August 30
Entrepreneur
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Omaha
Nebraska
Warren Edward Buffett
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More quotes by Warren Buffett
My rather puritanical view is that any investment manager, whether operating as broker, investment counselor of a trust department, investment company, etc., should be willing to state unequivocally what he is going to attempt to accomplish and how he proposes to measure the extent to which he gets the job done.
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The secret to happiness is having low expectations.
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Always associate yourself with people who are better than you.
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Failing conventionally is the route to go as a group, lemmings may have a rotten image, but no individual lemming has ever received bad press
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It's the deleveraging that's going on right now that has caused the credit crisis.
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Take the high road it's far less crowded.
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I think the biggest thing we need is to unclog the credit markets, and we may need another stimulus - if we do, it's - it should go to the lower and middle-income people.
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Lethargy, bordering on sloth should remain the cornerstone of an investment style.
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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.
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What's going to happen - things we're doing are going to have some inflationary consequences.
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People always ask me where they should go to work, and I always tell them to go to work for whom they admire the most.
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I have a wonderful family. I have a job that I love and wonderful people who help me with it. It can't get any better than that.
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I'm happy when I can spend every day doing the things that I like to do. That's my luxury.
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You don't want 300 million Americans putting their money under the mattress.
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We've been in a recession, by any common sense definition, because if you look at the American public, they've got 20 billion - 20 trillion, I should say, worth of residential homes.
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If I knew where I was going to want to live the next five or 10 years I would buy a home and I'd finance it with a 30-year mortgage... It's a terrific deal.
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Cash, though, is to a business as oxygen is to an individual: never thought about when it is present, the only thing in mind when it is absent... When bills come due, only cash is legal tender. Don't leave home without it.
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In my opinion, the entire field of investment management, involving hundreds of billions of dollars, would be more satisfactorily conducted if everyone had a good yardstick for measurement of ability and sensibly applied it.
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The power of unconditional love. I mean, there is no power on earth like unconditional love.
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When you combine ignorance and leverage, you get some pretty interesting results.
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