Quote

If you owe money, you can't pay them out. You just pay for everything, you do smart things, you eventually get very rich.

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
Everything
Things
Eventually
Smart
Pay
Rich
Money

More quotes by Warren Buffett

Image
I have worked with investors for 60 years and I have yet to see anyone - not even when capital gains rates were 39.9 percent in 1976-77 - shy away from a sensible investment because of the tax rate on the potential gain.
Warren Buffett
Image
If you are a professional and have confidence, then I would advocate lots of concentration.
Warren Buffett
Image
What the wise do in the beginning, fools do in the end.
Warren Buffett
Image
When we went crazy, and we did go crazy on residential real estate, it set things in motion that just - the dominoes started toppling.
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
Buy a cross section of American industry, and if a cross section of American industry doesn't work, certainly trying to pick the little beauties here and there isn't going to work either.
Warren Buffett
Image
I'm sitting with six and a half billion dollars we're going to use to close the Mars-Wrigley deal on October 6. I've got to hand over that six and a half billion on October 6. Now, I have to be very careful about who I leave it in between now and then, because they're expecting that he show up.
Warren Buffett
Image
We will only do with your money what we would do with our own.
Warren Buffett
Image
Other guys read Playboy. I read annual reports.
Warren Buffett
Image
Learning how to live is much more important than learning how to make a living.
Warren Buffett
Image
When they get their ego involved, people do things they shouldn't do.
Warren Buffett
Image
I'm always interested in understanding the math of things and understanding as much as I can about all aspects of business. And what I learn today may be useful to me two years from now. That's really the wonderful thing about investments is your knowledge is cumulative.
Warren Buffett
Image
Nothing sedates rationality like large doses of effortless money.
Warren Buffett
Image
Many stock options in the corporate world have worked in exactly that fashion: they have gained in value simply because management retained earnings, not because it did well with the capital in its hands.
Warren Buffett
Image
I look at everything. That's my job. I really do, every day. I think about everything.
Warren Buffett
Image
I don't measure my life by the money I've made. Other people might, but certainly don't.
Warren Buffett
Image
I knew a lot about what I did when I was 20. I had read a lot, and I aspired to learn everything I could about the subject.
Warren Buffett
Image
Anyone who believes a growth rate in excess of 15% per annum over the long term is attainable should pursue a career in sales, but avoid one in mathematics.
Warren Buffett
Image
Diversification is protection against ignorance. It makes little sense if you know what you are doing.
Warren Buffett
Image
You do things when the opportunities come along. I've had periods in my life when I've had a bundle of ideas come along, and I've had long dry spells. If I get an idea next week, I'll do something. If not, I won't do a damn thing.
Warren Buffett