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We're perfectly willing to trade away a big payoff for a certain payoff.

Warren Buffett

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Warren Buffett
Age: 94
Born: 1930
Born: August 30
Entrepreneur
Financier
Investor
Shareholder
Omaha
Nebraska
Warren Edward Buffett
Trade
Willing
Bigs
Away
Certain
Payoff
Perfectly

More quotes by Warren Buffett

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You know, people talk about this being an uncertain time. You know, all time is uncertain. I mean, it was uncertain back in - in 2007, we just didn't know it was uncertain. It was - uncertain on September 10th, 2001. It was uncertain on October 18th, 1987, you just didn't know it.
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Wall Street is the only place that people ride to in a Rolls Royce to get advice from those who take the subway.
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There are 309 million people out there that are trying to improve their lot in life. And we've got a system that allows them to do it.
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The secret to happiness is having low expectations.
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The reaction of weak management to weak operations is often weak accounting.
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We have long felt that the only value of stock forecasters is to make fortune-tellers look good.
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Asking for financial advice from a financial planner is like asking a barber if you need a hair cut.
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During inflation, Goodwill is the gift that keeps on giving.
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If you can't read the scoreboard. You don't know the score. If you don't know the score, you can't tell the winners from the losers.
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I think the oversight is great, and I think that oversight ought to be devoted almost entirely to the question is this being done at market you know. In other words, you want to make sure that the government isn't investing foolishly. But you don't want to care about which congressional districts it goes to or whether banks get favored over.
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It is more important to say no to an opportunity, than to say yes.
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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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There is no substitute for a local newspaper that is doing its job.
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Whatever you like to do, make it a hobby and whatever the world likes to do, make it a business.
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I've never been very fully employed either.
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When you get to my age, you’ll measure your success in life by how many of the people you want to have love you actually do love you. That’s the ultimate test of how you’ve lived your life.
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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.
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Sound investing can make you very wealthy if you're not in too big a hurry
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The extraordinary business does not require good management.
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Earnings can be pliable as putty when a charlatan heads the company reporting them.
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