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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.

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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That's the reality of what they're going to sell them to the Treasury for.
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I would say the biggest single cause was we had an incredible residential real estate bubble.
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We look for things I can understand. A lot of businesses I don't understand.
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I'll take the deal, whatever you want to do.
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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.
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I can do anything I want, basically, as long as it doesn't involve athletic ability, or something like that.
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People do, as long as you have markets, you'll have excesses.
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I always knew I was going to be rich. I don't think I ever doubted it for a minute.
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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: First, many in Wall Street (a community in which quality control is not prized) will sell investors anything they will buy. Second, speculation is most dangerous when it looks easiest.
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I would say it's more important who the treasury secretary is than who the vice president is. If you want to have a debate here, I'd like a debate between potential treasury secretaries than the vice presidential debate.
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