Quote

This economy doesn't work well without the lubrication of credit and trust.

Warren Buffett

Change background

T
T
T

Change font

TAGS & TOPICS

Warren Buffett
Age: 94
Born: 1930
Born: August 30
Entrepreneur
Financier
Investor
Shareholder
Omaha
Nebraska
Warren Edward Buffett
Trust
Economy
Doesn
Wells
Without
Well
Work
Lubrication
Credit

More quotes by Warren Buffett

Image
If you aren't willing to own a stock for ten years, don't even think about owning it for ten minutes. Put together a portfolio of companies whose aggregate earnings march upward over the years, and so also will the portfolio's market value.
Warren Buffett
Image
I have worked with investors for 60 years and I have yet to see anyone - not even when capital gains rates were 39.9 percent in 1976-77 - shy away from a sensible investment because of the tax rate on the potential gain.
Warren Buffett
Image
The most common cause of low prices is pessimism - some times pervasive, some times specific to a company or industry. We want to do business in such an environment, not because we like pessimism but because we like the prices it produces. It's optimism that is the enemy of the rational buyer.
Warren Buffett
Image
We make investment decisions based on our evaluation of the most profitable combination of probabilities.
Warren Buffett
Image
In business, I look for economic castles protected by unbreachable 'moats'.
Warren Buffett
Image
It irritates the hell out of me but you can't buy love.
Warren Buffett
Image
You don't need to have extraordinary effort to achieve extraordinary results. You just need to do the ordinary, everyday things exceptionally well.
Warren Buffett
Image
Great investment opportunities come around when excellent companies are surrounded by unusual circumstances that cause the stock to be misappraised.
Warren Buffett
Image
I buy expensive suits - they just look cheap on me.
Warren Buffett
Image
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.
Warren Buffett
Image
Like most trends, at the beginning it's driven by fundamentals, at some point speculation takes over. What the wise man does in the beginning, the fool does in the end.
Warren Buffett
Image
The less prudence with which others conduct their affairs, the greater the prudence with which we should conduct our own affairs.
Warren Buffett
Image
Investing is not as tough as being a top-notch bridge player. All it takes is the ability to see things as they really are.
Warren Buffett
Image
We have provided capital here with a couple of institutions recently. The Federal government did that in the '30s for the RFC and I think there could well be a proper role for government in that.
Warren Buffett
Image
The best thing that happens to us is when a great company gets into temporary trouble...We want to buy them when they're on the operating table.
Warren Buffett
Image
I put heavy weight on certainty. It's not risky to buy securities at a fraction of what they're worth.
Warren Buffett
Image
When asked how he became so successful in investing, Buffett answered: 'we read hundreds and hundreds of annual reports every year.
Warren Buffett
Image
There are three kinds of people: 1. Innovators. 2. Imitators. 3. Idiots.
Warren Buffett
Image
So smile when you read a headline that says Investors lose as market falls. Edit it in your mind to Disinvestors lose as market falls-but investors gain. Though writers often forget this truism, there is a buyer for every seller and what hurts one necessarily helps the other. (As they say in golf matches: Every putt makes someone happy.
Warren Buffett
Image
If you can't read the scoreboard. You don't know the score. If you don't know the score, you can't tell the winners from the losers.
Warren Buffett