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The good thing is, we have household formation in this country.

Warren Buffett

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Warren Buffett
Age: 94
Born: 1930
Born: August 30
Entrepreneur
Financier
Investor
Shareholder
Omaha
Nebraska
Warren Edward Buffett
Formation
Household
Country
Thing
Good

More quotes by Warren Buffett

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We are in effect making a - to some extent, making a choice between future inflation and getting our - getting off the floor. And we're likely - we're likely to have more inflation in the future as a consequence of the things we do to fight the present situation.
Warren Buffett
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It's far better to buy a wonderful company at a fair price than a fair company at a wonderful price.
Warren Buffett
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I mean there is no capital requirements to it or anything of the sort. And basically, I said there were possibly financial weapons of mass destruction, and they had them. They destroyed AIG. They certainly contributed to the destruction of Bear Sterns and Lehman. Although Lehman had other problems, too.
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Shares are not mere pieces of paper. They represent part ownership of a business. So, when contemplating an investment, think like a prospective owner.
Warren Buffett
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You don't ever ask a barber whether you need a haircut.
Warren Buffett
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Valuing a business is part art and part science.
Warren Buffett
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There is no perfect mathematical formula for pricing a business.
Warren Buffett
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He must never forget Charlie's plea: Tell me where I'm going to die, so I'll never go there.
Warren Buffett
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The rest of the world really likes our stuff pretty well. It's just we buy so damn much of what they produce.
Warren Buffett
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You should be unconcerned about short-term price action when you own the securities directly, just as you were unconcerned when you owned them indirectly through BPL. I think about them as businesses, not stocks, and if the business does all right over the long term, so will the stock.
Warren Buffett
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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.
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Lethargy, bordering on sloth should remain the cornerstone of an investment style.
Warren Buffett
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Invest in as much of yourself as you can, you are your own biggest asset by far.
Warren Buffett
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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
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I am not in the business of predicting general stock market of business fluctuations. If you think I can do this, or think it is essential to an investment program, you should not be in the partnership.
Warren Buffett
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Failure comes from ego, greed, envy, fear, imitation. I have success not because I am smart, but because I am rational.
Warren Buffett
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Cash combined with courage in a time of crisis is priceless.
Warren Buffett
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Investment ideas, like women are often more exciting than punctual.
Warren Buffett
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On his Giving Pledge philanthropy: The way I got the message out was to get a copy of FORBES, look down that 400 list and start making phone calls! Bill and Melinda [Gates] did the same thing. So keep publishing the list so I can milk it.
Warren Buffett
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Of one thing be certain: if a CEO is enthused about a particularly foolish acquisition, both his internal staff and his outside advisors will come up with whatever projections are needed to justify his stance. Only in fairy tales are emperors told that they are naked.
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