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I mean, in terms of alternatives, some people have suggested for example that why don't we - why isn't America doing what Berkshire Hathaway is doing? Why isn't that a better deal for America?

Warren Buffett

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Warren Buffett
Age: 94
Born: 1930
Born: August 30
Entrepreneur
Financier
Investor
Shareholder
Omaha
Nebraska
Warren Edward Buffett
Better
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Alternatives
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Berkshire
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Hathaway

More quotes by Warren Buffett

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The banking business is no favorite of ours. When assets are twenty times equity - a common ratio in this industry - mistakes that involve only a small portion of assets can destroy a major portion of equity. And mistakes have been the rule rather than the exception at many major banks.
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If you have a harem of 40 women, you never get to know any of them very well.
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Money will not change how healthy you are or how many people love you.
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It is impossible to unsign a contract, so do all your thinking before you sign.
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The best investment you can make, is an investment in yourself... The more you learn, the more you'll earn.
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Only those who will be sellers of equities in the near future should be happy at seeing stocks rise. Prospective purchasers should much prefer sinking prices.
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Asset values and earning power are the dominant factors affecting the valuation of a controlling interest in a business. Market price, which governs valuation of minority interest positions, is of little or no importance in valuing a controlling interest.
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There's no use running if you're on the wrong road.
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To be successful, you should concentrate on the world of companies, not arcane accounting mathematics.
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When forced to choose, I will not trade even a night's sleep for the chance of extra profits.
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Do not save what is left after spending, but spend what is left after saving.
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I insist on a lot of time being spent, almost every day, to just sit and think. That is very uncommon in American business. I read and think. So I do more reading and thinking, and make less impulse decisions than most people in business. I do it because I like this kind of life.
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In our view, derivatives are financial weapons of mass destruction carrying dangers that, while latent, are potentially lethal.
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Too often, executive compensation in the U.S. is ridiculously out of line with performance. That won't change, moreover, because the deck is stacked against investors when it comes to the CEO's pay.
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Most business mistakes are irreversible setbacks, but you get another chance. There are two things in life that you don't get another chance at - marrying the wrong person and what you do with your children.
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It's class warfare, my class is winning, but they shouldn't be.
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Well, it may be all right in practice, but it will never work in theory
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We can afford to lose money - even a lot of money. But we can't afford to lose reputation - even a shred of reputation.
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The trick is, when there is nothing to do, do nothing.
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I would say that life at 84, I am having as much fun as I've ever had in my life. I mean I get to do what I love every day with the people I love-and it just doesn't get any better than that.
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