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The latter qualification brings to mind a fellow who applied for a job and stated he had twenty years of experience-which was corrected by a former employer to read one year's experience-twenty times.
Warren Buffett
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Warren Buffett
Age: 94
Born: 1930
Born: August 30
Entrepreneur
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Omaha
Nebraska
Warren Edward Buffett
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More quotes by Warren Buffett
The best asset is your own self. You can become to an enormous degree the person you want to be
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I did not think I would see the day when, you know, an AIG would not be able to have its checks clear.
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I choose to work with every single person that I work with. That ends up being the most important factor. I don't interact with people I don't like or admire. That's the key. It's like marrying.
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Focus on return on equity, not earnings per share.
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The best thing I did was choose the right heroes.
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I never try to predict the market.
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When a management with reputation for brilliance gets hooked up with a business with a reputation for bad economics, it's the reputation of the business that remains intact.
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You don't have to be a genius to invest well
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My net worth is the market value of holdings less the tax payable upon sale. The liability is just as real as the asset unless the value of the asset declines (ouch), the asset is given away (no comment), or I die with it. The latter course of action would appear to at least border on a Pyrrhic victory.
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You don't want 300 million Americans putting their money under the mattress.
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When you listen to tax-cut rhetoric, remember that giving one class of taxpayer a break requires - now or down the line - that an equivalent burden be imposed on other parties. In other words, if I get a break, someone else pays. Government can't deliver a free lunch to the country as a whole. It can however, determine who pays for lunch.
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If you don't make mistakes you can't make decisions.
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The important thing is to keep playing, to play against weak opponents and to play for big stakes.
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In the business world, the rearview mirror is always clearer than the windshield.
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The only way to get love is to be lovable. It's very irritating if you have a lot of money. You'd like to think you could write a check: I'll buy a million dollars' worth of love. But it doesn't work that way. The more you give love away, the more you get.
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I think the biggest thing we need is to unclog the credit markets, and we may need another stimulus - if we do, it's - it should go to the lower and middle-income people.
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Money will not change how healthy you are or how many people love you.
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I think people - what people want to do is make [economy] get worse.
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Rule No.1: Never lose money. Rule No.2: Never forget rule No.1.
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Never be afraid to ask for too much when selling or offer too little when buying.
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