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I spend twelve hours a week - a little over 10% of my waking hours - playing the game. Now I am trying to figure out how to get by on less sleep in order to fit in a few more hands.
Warren Buffett
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Warren Buffett
Age: 94
Born: 1930
Born: August 30
Entrepreneur
Financier
Investor
Shareholder
Omaha
Nebraska
Warren Edward Buffett
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More quotes by Warren Buffett
If you look at the Forbes 400, they are paying a lower rate, accounting payroll taxes, than their secretary or - whomever around their office.
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There are three kinds of people: 1. Innovators. 2. Imitators. 3. Idiots.
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Someone is sitting in the shade today because someone planted a tree a long time ago.
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You ought to be able to explain why you’re taking the job you’re taking, why you’re making the investment you’re making, or whatever it may be. And if it can’t stand applying pencil to paper, you’d better think it through some more. And if you can’t write an intelligent answer to those questions, don’t do it.
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The rest of the world really likes our stuff pretty well. It's just we buy so damn much of what they produce.
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I think the FDIC was one of the great inventions of the American.
Warren Buffett
Would your reply possibly be this? Well, it all depends on what my tax rate will be on the gain you're saying we're going to make. If the taxes are too high, I would rather leave the money in my savings account, earning a quarter of 1 percent. Only in Grover Norquist's imagination does such a response exist.
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The ability to say no is a tremendous advantage for an investor.
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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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The stock market is a wonderfully efficient mechanism for transferring wealth from the impatient to the patient.
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When forced to choose, I will not trade even a night's sleep for the chance of extra profits.
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I've never been very fully employed either but just think of what it's like, you know, to go home with a mortgage payment you know and kids and everything else. My dad had that happen to him in the early '30s.
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I know the country works extremely well. You know, but when it isn't clogged up.
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All day you wait for the pitch you like then when the fielders are asleep, you step up and hit it.
Warren Buffett
We have learned to turn out lots of goods and services, but we haven't learned as well how to have everybody share in the bounty. The obligation of a society as prosperous as ours is to figure out how nobody gets left too far behind.
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In looking for people to hire, look for three qualities: integrity, intelligence and energy. And if they don't have the first, the other two will kill you.
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If a business does well, the stock eventually follows.
Warren Buffett
The capital gains tax is 15 percent now. So I sit there in my office and I make a lot of money by capital gains, and I pay 15 percent, and I pay no payroll tax on it.
Warren Buffett
The reaction of weak management to weak operations is often weak accounting.
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Money is not everything. Make sure you earn a lot before speaking such nonsense.
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