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AIG would be doing fine today. It was one of the ten largest companies in the United States in terms of market value, over 200 billion, the most respected insurer and everything in the world.
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
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You shouldn't own common stocks if a 50 per cent decrease in their value in a short period of time would cause you acute distress.
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We've been in a recession, by any common sense definition, because if you look at the American public, they've got 20 billion - 20 trillion, I should say, worth of residential homes.
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I think the FDIC was one of the great inventions of the American.
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I have a wonderful family. I have a job that I love and wonderful people who help me with it. It can't get any better than that.
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The greatest Enemies of the Equity investor are Expenses and Emotions.
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I have this complicated procedure I go through every morning, which is to look in the mirror and decide what I'm going to do. And I feel at that point, everybody's had their say.
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The advice you never go broke taking a profit is foolish.
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Well, it may be all right in practice, but it will never work in theory
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I don't think it would be crazy to have a model or an entity model on the Reconstruction Finance Corp.
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The first rule is not to lose. The second rule is not to forget the first rule.
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The financial calculus that Charlie and I employ would never permit our trading a good night's sleep for a shot at a few extra percentage points of return. I've never believed in risking what my friends and family have and need in order to pursue what they don't have and don't need.
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