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This economy doesn't work well without the lubrication of credit and trust.
Warren Buffett
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Warren Buffett
Age: 94
Born: 1930
Born: August 30
Entrepreneur
Financier
Investor
Shareholder
Omaha
Nebraska
Warren Edward Buffett
Doesn
Wells
Without
Well
Work
Lubrication
Credit
Trust
Economy
More quotes by Warren Buffett
The only time to buy these is on a day with no 'y' in it.
Warren Buffett
We can afford to lose money - even a lot of money. But we can't afford to lose reputation - even a shred of reputation.
Warren Buffett
My favorite time frame for holding a stock is forever.
Warren Buffett
While the poor and middle class fight for us in Afghanistan, and while most Americans struggle to make ends meet, we mega-rich continue to get our extraordinary tax breaks.
Warren Buffett
Focus alone is not enough putting in the time to commit is also crucial to achieve success.
Warren Buffett
If you own a wonderful business...the best thing to do is keep it. All you're going to do is trade your wonderful business for a whole bunch of cash, which isn't as good as the business, and you got the problem of investing in other businesses, and you probably paid a tax in between. So my advice to anybody who owns a wonderful business is keep it.
Warren Buffett
Don't pass up something that's attractive today because you think you will find something way more attractive tomorrow.
Warren Buffett
Investors should remember that excitement and expenses are their enemies.
Warren Buffett
I did not think I would see the day when, you know, an AIG would not be able to have its checks clear.
Warren Buffett
Over the years, Charlie [Munger, Berkshire Hathaway Vice Chairman] and I have observed many accounting-based frauds of staggering size. Few of the perpetrators have been punished many have not even been censured. It has been far safer to steal large sums with pen than small sums with a gun.
Warren Buffett
I like to buy things I can understand. I do a lot of research on things.
Warren Buffett
Although we deal with probabilities and expectations, the actual results can deviate substantially from such expectations, particularly on a short-term basis.
Warren Buffett
In other words, the percentage change in book value in any given year is likely to be reasonably close to that year's change in intrinsic value.
Warren Buffett
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.
Warren Buffett
The smartest side to take in a bidding war is the losing side.
Warren Buffett
This country is going - be living better ten years from now than it is now. It will be living better in 20 years from now than ten years from now. The ingredients that made this country, you know, the miracle of the world - I mean we had a seven for one improvement in the average American standard of living in the 20th century.
Warren Buffett
The same things happen to quite an extent around the globe. I mean, the European banks were doing what the American banks were.
Warren Buffett
In economics, you always want to ask 'And then what?'
Warren Buffett
I think the worst mistake you can make in stocks is to buy or sell based on current headlines.
Warren Buffett
You can't buy what is popular and do well.
Warren Buffett
