Quote

At this point, when treasury bills, seven day treasury bills at 1/20th of one percent, it's not because people want to earn 1/20th of one percent, it's because they trust the fact the treasury will give it back to them next week.

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
Point
Fact
Treasury
Facts
Earn
Next
Bills
Give
Seven
Back
Percent
Giving
Trust
People
Week

More quotes by Warren Buffett

Image
The most dangerous distractions are the ones you love, but that don’t love you back.
Warren Buffett
Image
It irritates the hell out of me but you can't buy love.
Warren Buffett
Image
I think the oversight is great, and I think that oversight ought to be devoted almost entirely to the question is this being done at market you know. In other words, you want to make sure that the government isn't investing foolishly. But you don't want to care about which congressional districts it goes to or whether banks get favored over.
Warren Buffett
Image
I am a huge bull on this country. We will not have a double-dip recession at all. I see our businesses coming back almost across the board.
Warren Buffett
Image
Success in investing doesn’t correlate with I.Q. Once you are above the level of 25 once you have ordinary intelligence, what you need is the temperament to control the urges that get other people into trouble in investing.
Warren Buffett
Image
If you do smart things and use leverage and do one wrong thing along the way, it could wipe you out, because anything times zero is zero. But it's reinforcing when the people around you are doing it successfully, you're doing it successfully, and it's a lot like Cinderella at the ball.
Warren Buffett
Image
The trick is, when there is nothing to do, do nothing.
Warren Buffett
Image
Growth and value investing are joined at the hip.
Warren Buffett
Image
A low-cost index fund is the most sensible equity investment for the great majority of investors. My mentor, Ben Graham, took this position many years ago, and everything I have seen since convinces me of its truth.
Warren Buffett
Image
Don't pass up something that's attractive today because you think you will find something way more attractive tomorrow.
Warren Buffett
Image
Energy deregulation will be the largest transfer of wealth in history.
Warren Buffett
Image
If you were at Lehman, the same thing happened. If you were at AIG, the shareholders are getting creamed on these things. And those shareholders are not just a bunch of big shots in Wall Street. Those are pension funds, and those are investors all over the country. I wouldn't worry too much about that. Justice won't be perfect on it.
Warren Buffett
Image
Lethargy, bordering on sloth should remain the cornerstone of an investment style.
Warren Buffett
Image
You're dealing with a lot of silly people in the marketplace it's like a great big casino and everyone else is boozing. If you can stick with Pepsi, you should be OK.
Warren Buffett
Image
Would you rather be the world's greatest lover, but have everyone think you're the world's worst lover? Or would you rather be the world's worst lover but have everyone think you're the world's greatest lover? Now, that's an interesting question.
Warren Buffett
Image
Chains of habit are too light to be felt until they are too heavy to be broken.
Warren Buffett
Image
No matter how great the talent or efforts, some things just take time.
Warren Buffett
Image
Every company that has an economist working for him has one employee too many.
Warren Buffett
Image
Part of making good decisions in business is recognizing the poor decisions you've made and why they were poor. I've made lots of mistakes. I'm going to make more. It's the name of the game. You don't want to expect perfection in yourself. You want to strive to do your best. It's too demanding to expect perfection in yourself.
Warren Buffett
Image
Most people get interested in stocks when everyone else is. The time to get interested is when no one else is. You can't buy what is popular and do well.
Warren Buffett