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Making money isn't the backbone of our guiding purpose it is the by-product of our guiding purpose.

Warren Buffett

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Warren Buffett
Age: 94
Born: 1930
Born: August 30
Entrepreneur
Financier
Investor
Shareholder
Omaha
Nebraska
Warren Edward Buffett
Guiding
Backbone
Product
Products
Purpose
Making
Money

More quotes by Warren Buffett

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All I have to do is think and not be influenced by others.
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Rule No.1: Never lose money. Rule No.2: Never forget rule No.1.
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I would say that life at 84, I am having as much fun as I've ever had in my life. I mean I get to do what I love every day with the people I love-and it just doesn't get any better than that.
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People should always know better.
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There's no use running if you're on the wrong road.
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Too often, executive compensation in the U.S. is ridiculously out of line with performance. That won't change, moreover, because the deck is stacked against investors when it comes to the CEO's pay.
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Success is having people love you that you want to have love you.
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Investment philosophy is the clear understanding that by owning shares of stocks he owns businesses, not pieces of paper.
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That's the reality of what they're going to sell them to the Treasury for.
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People will always try to stop you from doing the right thing if it is unconventional.
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People who watch their weight, golf scores, and fuel bills seem to shun quantitative evaluation of their investment management skills although it involves the most important client in the world-themselves.
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I prefer liquor store robbers with hungry kids to companies that locate offshore to avoid U.S. taxes.
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We're paying maybe 25 percent of the income tax, but the payroll tax is over a third of the receipts of the federal government. And they don't take that from me on capital gains. They don't take that from me on dividends.
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The only time to buy these is on a day with no 'y' in it.
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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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The financial calculus that Charlie and I employ would never permit our trading a good night's sleep for a shot at a few extra percentage points of return. I've never believed in risking what my friends and family have and need in order to pursue what they don't have and don't need.
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I think the worst mistake you can make in stocks is to buy or sell based on current headlines.
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I have this complicated procedure I go through every morning, which is to look in the mirror and decide what I'm going to do. And I feel at that point, everybody's had their say.
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Would you rather be the world's greatest lover, but have everyone think you're the world's worst lover? Or would you rather be the world's worst lover but have everyone think you're the world's greatest lover? Now, that's an interesting question.
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I just think that - when a country needs more income and we do, we're only taking in 15 percent of GDP, I mean, that - that - when a country needs more income, they should get it from the people that have it.
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