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It's just that I landed up in a terrific capitalist system. One that pays people who allocate capital extraordinarily well. Intrinsically, I'm not worth as much as somebody who invents something that could improves people's life, or health or whatever.

Warren Buffett

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Warren Buffett
Age: 94
Born: 1930
Born: August 30
Entrepreneur
Financier
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Shareholder
Omaha
Nebraska
Warren Edward Buffett
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More quotes by Warren Buffett

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Investors have to remember: corporate profits are going up, but stocks are going up faster. How can that continue indefinitely? Investors can only earn what companies themselves can earn the government or the markets themselves don't kick anything in. How can you get anything more out of a farm than what it grows?
Warren Buffett
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The ideal business is one that earns very high returns on capital and that keeps using lots of capital at those high returns. That becomes a compounding machine.
Warren Buffett
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I would push purchasing power - you push out $1,000 of purchasing to those people, it's going to get - it's going to get spent. And it needs to be spent. They need it. And it should come, to some extent, from guys like me.
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That's the reality of what they're going to sell them to the Treasury for.
Warren Buffett
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I wouldn’t mind going to jail if I had three cellmates who played bridge
Warren Buffett
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My friends and I have been coddled long enough by a billionaire-friendly Congress.
Warren Buffett
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Someone's sitting in the shade today because someone planted a tree a long time ago. The person sitting in the shade now should be grateful for the person who planted and tended that tree. That includes all those benefactors of humanity throughout history that created, invented, financed, produced, maintained and improved all that we enjoy today.
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Does the business have a consistent operating history?
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If you don't feel comfortable owning something for 10 years, then don't own it for 10 minutes.
Warren Buffett
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Every day that goes by, I mean, if you don't react to Pearl Harbor for a week or two weeks or three weeks, you're behind in the war that you otherwise would have fought.
Warren Buffett
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To invest successfully over a lifetime does not require a stratospheric IQ, unusual business insights, or inside information. What's needed is a sound intellectual framework for making decisions and the ability to keep emotions from corroding that framework. You must supply the emotional discipline.
Warren Buffett
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Mr. Market is kind of a drunken psycho. Some days he gets very enthused, some days he gets very depressed. And when he get really enthused you sell to him, and if he gets depressed, you buy from him. There's no moral taint attached to that.
Warren Buffett
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I think the FDIC was one of the great inventions of the American.
Warren Buffett
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The best asset is your own self. You can become to an enormous degree the person you want to be
Warren Buffett
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Other guys read Playboy. I read annual reports.
Warren Buffett
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If you gave me $100 billion and said take away the soft drink leadership of Coca-Cola in the world, I'd give it back to you and say it can't be done.
Warren Buffett
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Time is the friend of the wonderful company, the enemy of the mediocre.
Warren Buffett
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I mean there is no capital requirements to it or anything of the sort. And basically, I said there were possibly financial weapons of mass destruction, and they had them. They destroyed AIG. They certainly contributed to the destruction of Bear Sterns and Lehman. Although Lehman had other problems, too.
Warren Buffett
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Take the high road it's far less crowded.
Warren Buffett
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The less prudence with which others conduct their affairs, the greater the prudence with which we should conduct our own affairs.
Warren Buffett