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It takes 150 years to build an investment bank and only five minutes to convince you to sell me preferred stock in it at a 10% interest rate.

Warren Buffett

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Warren Buffett
Age: 94
Born: 1930
Born: August 30
Entrepreneur
Financier
Investor
Shareholder
Omaha
Nebraska
Warren Edward Buffett
Investment
Rate
Build
Preferred
Minutes
Stock
Takes
Bank
Five
Convince
Interest
Sell
Years
Sells

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Personally, I really hope I can treat everyone equally. I think I have done a pretty good job so far but I know I can do it better.
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...I will give you two pieces of advice. Invest as much in yourself as you can you are your own best asset by far. Then follow your passion you want to be really excited to get out of bed every morning.
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The American worker is more productive than he's ever been.
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We always live in an uncertain world. What is certain is that the United States will go forward over time.
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All day you wait for the pitch you like then when the fielders are asleep, you step up and hit it.
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Continually challenge and be willing to amend your best loved ideas.
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I do not like debt and do not like to invest in companies that have too much debt, particularly long-term debt. With long-term debt, increases in interest rates can drastically affect company profits and make future cash flows less predictable.
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Investors should remember that excitement and expenses are their enemies.
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With housing it's something even more dramatic than that, because most people aspire to own their own home.If you really think that houses prices are going to go up next year and the year after, you feel if I don't buy it this year, I'm going to have to buy it next year.That's not true of an Internet stock. But it's true of a home.
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I measure success by how many people love me. And the best way to be loved is to be lo veable.
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I don't want to hold out false hopes that the - by some magic moment, that things will turn around in a couple months because they wouldn't, Charlie. I mean, and it's a big mistake to try and mislead people.
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If you knew what was going to happen in the economy, you still wouldn't necessarily know what was going to happen in the stock market.
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Cash, though, is to a business as oxygen is to an individual: never thought about when it is present, the only thing in mind when it is absent... When bills come due, only cash is legal tender. Don't leave home without it.
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If the world couldn't see your results, would you rather be thought of as the world's greatest investor but in reality have the world's worst record? Or be thought of as the world's worst investor when you were actually the best?
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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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A low-cost index fund is the most sensible equity investment for the great majority of investors. My mentor, Ben Graham, took this position many years ago, and everything I have seen since convinces me of its truth.
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The smartest side to take in a bidding war is the losing side.
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Do not put all your eggs in one basket.
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The only way to be loved is to be loveable, which really irritates me.
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You shouldn't own common stocks if a 50 per cent decrease in their value in a short period of time would cause you acute distress.
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