Quote

I don't think it would be crazy to have a model or an entity model on the Reconstruction Finance Corp.

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
Models
Crazy
Would
Think
Corp
Thinking
Reconstruction
Entity
Finance
Model

More quotes by Warren Buffett

Image
If you lose money for the firm, I will be forgiving. If you lose reputation, I will be ruthless.
Warren Buffett
Image
The stock market is a no-called-strike game. You don’t have to swing at everything – you can wait for your pitch.
Warren Buffett
Image
Success in investing doesn’t correlate with I.Q. Once you are above the level of 25 once you have ordinary intelligence, what you need is the temperament to control the urges that get other people into trouble in investing.
Warren Buffett
Image
What the human being is best at doing is interpreting all new information so that their prior conclusions remain intact.
Warren Buffett
Image
What we really want to do is buy businesses that we would be happy to own forever.
Warren Buffett
Image
It's easier to create money than to spend it.
Warren Buffett
Image
Investors should be skeptical of history-based models. Constructed by a nerdy-sounding priesthood using esoteric terms such as beta, gamma, sigma and the like, these models tend to look impressive. Too often, though, investors forget to examine the assumptions behind the models. Beware of geeks bearing formulas.
Warren Buffett
Image
You have to be able to communicate in life and probably schools underemphasize that. If you can't talk to people or write, you're giving up your potential.
Warren Buffett
Image
The range of derivatives contracts is limited only by the imagination of man (or sometimes, so it seems, madmen). Say you want to write a contract speculating on the number of twins to be born in Nebraska in 2020. No problem-at a price, you will easily find an obliging counterparty.
Warren Buffett
Image
When investing, pessimism is your friend, euphoria the enemy.
Warren Buffett
Image
I'm not worried they're all about the investments we make. I mean, listen, this country - we've got $46,000 or $47,000 of GDP per capita. Now, we've done pretty darn well. We'll do better in the future.
Warren Buffett
Image
You can be sure that over the next 10 years, you'll see something that you did not think was possible.
Warren Buffett
Image
Do not take yearly results too seriously. Instead, focus on four or five-year averages.
Warren Buffett
Image
You really don't need leverage in this world much. If you're smart, you're going to make a lot of money without borrowing. I've never borrowed a significant amount of money in my life. Never. Never will. I've got no interest in it.
Warren Buffett
Image
I've never been very fully employed either but just think of what it's like, you know, to go home with a mortgage payment you know and kids and everything else. My dad had that happen to him in the early '30s.
Warren Buffett
Image
If you can't communicate and talk to other people and get across your ideas, you're giving up your potential.
Warren Buffett
Image
... not doing what we love in the name of greed is very poor management of our lives.
Warren Buffett
Image
We're perfectly willing to trade away a big payoff for a certain payoff.
Warren Buffett
Image
Gold has two significant shortcomings, being neither of much use nor procreative.
Warren Buffett
Image
I would say the most satisfying thing actually is watching my three children each pick up on their own interests and work many more hours per week than most people that have jobs at trying to intelligently give away that money in fields that they particularly care about.
Warren Buffett