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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

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Warren Buffett
Age: 94
Born: 1930
Born: August 30
Entrepreneur
Financier
Investor
Shareholder
Omaha
Nebraska
Warren Edward Buffett
Money
Everything
Things
Eventually
Smart
Pay
Rich

More quotes by Warren Buffett

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We have a country where I don't know whether it's a million households a year or more, but good form.
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It's never paid to bet against America.
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We don't get paid for activity, just for being right. As to how long we'll wait, we'll wait indefinitely.
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If horses had controlled investment decisions, there would have been no auto industry.
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Accounting is the language of business.
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We say we are trying to buy into businesses with excellent economics, run by honest and able people at a decent price. We buy very few securities, so we look at it as focused investing.
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Opportunities come infrequently. When it rains gold, put out the bucket, not the thimble.
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Time is your friend, impulse is your enemy. Take advantage of compound interest and don't be captivated by the siren song of the market.
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My job is essentially just corralling more and more and more facts and information, and occasionally seeing whether that leads to some action.
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... not doing what we love in the name of greed is very poor management of our lives.
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If you don't know jewelry, know the jeweler.
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Businesses always have opportunities to improve service, product lines, manufacturing techniques, and the like, and obviously these opportunities should be seized. But a business that constantly encounters major change also encounters many chances for major error
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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.
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We will reject interesting opportunities rather than over-leverage our balance sheet.
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Investors... can't pick stocks that are better than average. Stocks are a good thing to own over time. There's only two things you can do wrong: You can buy the wrong ones, and you can buy or sell them at the wrong time. And the truth is you never need to sell them.
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The ability to say no is a tremendous advantage for an investor.
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If you get to my age in life and nobody thinks well of you, I don't care how big your bank account is, your life is a disaster.
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You don't have to be a genius to invest well
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The rich are always going to say that, you know, just give us more money and we'll go out and spend more and then it will all trickle down to the rest of you. But that has not worked the last 10 years, and I hope the American public is catching on.
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The Noah rule: Predicting rain doesn't count building arks does.
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