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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
Rich
Money
Everything
Things
Eventually
Smart
Pay

More quotes by Warren Buffett

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It's good to learn from your mistakes. It's better to learn from other people's mistakes.
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Look at market fluctuations as your friend rather than your enemy profit from folly rather than participate in it.
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You should invest in a business that even a fool can run, because someday a fool will.
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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'll bring my tax returns you bring yours. I'll meet you anytime anywhere.
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I like to buy things I can understand. I do a lot of research on things.
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Never give up searching for the job that you’re passionate about. Try to find the job you’d have if you were independently rich. Forget about the pay. When you’re associating with the people that you love, doing what you love, it doesn’t get any better than that.
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The most important investment you can make is in yourself. Very few people get anything like their potential horsepower translated into the actual horsepower of their output in life. Potential exceeds realization for many people...The best asset is your own self. You can become to an enormous degree the person you want to be.
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Mark Zuckerberg will be a hero to many young entrepreneurs 20 years from now. Bill Gates will be a hero to others, and they will look to those [people] like I read books when I was in my teens about Rockefeller or Carnegie.
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Games are won by players who focus on the playing field -- not by those whose eyes are glued to the scoreboard.
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Investing in yourself is the best thing you can do. If you've got talents, no one can take them from you.
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Bad terminology is the enemy of good thinking.
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We've long felt that the only value of stock forecasters is to make fortune tellers look good. Even now, Charlie and I continue to believe that short-term market forecasts are poison and should be kept locked up in a safe place, away from children and also from grown-ups who behave in the market like children.
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The good thing is, we have household formation in this country.
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I think people - what people want to do is make [economy] get worse.
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In a bull market, one must avoid the error of the preening duck that quacks boastfully after a torrential rainstorm, thinking that its paddling skills have caused it to rise in the world. A right-thinking duck would instead compare its position after the downpour to that of the other ducks on the pond.
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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.
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We've used up a lot of bullets. And we talk about stimulus. But the truth is, we're running a federal deficit that's 9 percent of GDP. That is stimulative as all get out. It's more stimulative than any policy we've followed since World War II.
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While the poor and middle class fight for us in Afghanistan, and while most Americans struggle to make ends meet, we mega-rich continue to get our extraordinary tax breaks.
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Never count on making a good sale. Have the purchase price be so attractive that even a mediocre sale gives good results.
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