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Working with people who cause your stomach to churn seems much like marrying for money - probably a bad idea under any circumstances, but absolute madness if you are already rich.

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

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I think the rest of the country should be paying less, the 95 percent that [Barack] Obama talks about or maybe even a little higher than that.
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I mean, you can explain the fact that these are depressed prices, you know. We think these assets are going to be worth a lot more. And I think that case can be made in certain situations. But I think to just say, you know, we're going to say a dollar of cash is worth $2 all of a sudden, it isn't worth $2. It's worth a dollar today.
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There is no substitute for a local newspaper that is doing its job.
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Our marketable equities tell us by their operating results - not by their daily, or even yearly, price quotations - whether our investments are successful. The market may ignore business success for a while, but eventually will confirm it.
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We don't get paid for activity, just for being right. As to how long we'll wait, we'll wait indefinitely.
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Confidence in markets and in institutions, it's a lot like oxygen. When you have it, you don't even think about it. It's indispensable. You can go years without thinking about it. When it's gone for five minutes, it's the only thing to think about.
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As one of my older friends says, Nostalgia just isn't what it used to be. Let's take a stab at it, anyway.
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People should always know better.
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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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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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If past history was all there was to the game, the richest people would be librarians.
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There's no use running if you're on the wrong road.
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It is more important to say no to an opportunity, than to say yes.
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We really can say no in 10 seconds or so to 90%+ of all the things that come along simply because we have these filters.
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It's never paid to bet against America. We come through things, but its not always a smooth ride.
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What the human being is best at doing is interpreting all new information so that their prior conclusions remain intact.
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We have usually made our best purchases when apprehensions about some macro event were at a peak. Fear is the foe of the faddist, but the friend of the fundamentalist.
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In an inflationary world, a toll bridge (like company) would be a great thing to own because you've laid out the capital costs. You built it in old dollars and you don't have to keep replacing it.
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A newspaper that reduces its coverage of the news important to its community is certain to reduce its readership as well
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Buy stocks like you buy your groceries, not like you buy your perfume.
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