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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
Payoff
Perfectly
Trade
Willing
Bigs
Away
Certain
More quotes by Warren Buffett
If you are not willing to own a stock for 10 years, do not even think about owning it for 10 minutes.
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Very successful people say no to almost everything.
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Bull markets and Bear markets can obscure mathematical laws, they cannot repeal them.
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What we learn from history is that people don't learn from history.
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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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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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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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Success is having people love you that you want to have love you.
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There's no use running if you're on the wrong road.
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At this point, when treasury bills, seven day treasury bills at 1/20th of one percent, it's not because people want to earn 1/20th of one percent, it's because they trust the fact the treasury will give it back to them next week.
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We've actually been pretty good on exports. I mean we are exporting 12% of our GDP now roughly.
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A pin lies in wait for every bubble and when the two eventually meet, a new wave of investors learns some very old lessons.
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Mr. Market is your servant, not your guide.
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I always say that in investing you want to buy stock in a company that has a business that's so good that an idiot can run it, because sooner or later one will. We have a country like that.
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You can't stand to see your neighbor getting rich. You know you're smarter than he is and he's doing these things and he's getting rich.
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Taking jobs to build up your resume is the same as saving up sex for old age.
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If you owe money, you can't pay them out. You just pay for everything, you do smart things, you eventually get very rich.
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Never give up searching for the job that you’re passionate about. Try to find the job you’d have if you were independently rich. Forget about the pay. When you’re associating with the people that you love, doing what you love, it doesn’t get any better than that.
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I've argued with the senators and congressmen I've talked to. You don't want to be too little too late. If you buy them at the right price, you may be buying two trillion of face value.
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In the end we must have people to match our principles, not the reverse.
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