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I lose confidence in other people, all kinds of institutions.

Warren Buffett

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Warren Buffett
Age: 94
Born: 1930
Born: August 30
Entrepreneur
Financier
Investor
Shareholder
Omaha
Nebraska
Warren Edward Buffett
Kinds
Institutions
Confidence
Lose
Loses
Kind
People

More quotes by Warren Buffett

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There's nothing inappropriate about having debt in America. It's what helped us grow over time. And it's when debt gets out of control that you worry.
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I think the FDIC was one of the great inventions of the American.
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People always ask me where they should go to work, and I always tell them to go to work for whom they admire the most.
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We have learned to turn out lots of goods and services, but we haven't learned as well how to have everybody share in the bounty. The obligation of a society as prosperous as ours is to figure out how nobody gets left too far behind.
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The stockmarket is a semi-psychotic creature given to extremes of elation and despair.
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My rather puritanical view is that any investment manager, whether operating as broker, investment counselor of a trust department, investment company, etc., should be willing to state unequivocally what he is going to attempt to accomplish and how he proposes to measure the extent to which he gets the job done.
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If the world couldn't see your results, would you rather be thought of as the world's greatest investor but in reality have the world's worst record? Or be thought of as the world's worst investor when you were actually the best?
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Never be afraid to ask for too much when selling or offer too little when buying.
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We need a tax system that essentially takes very good care of the people who just really aren't as well adapted to the market system but are nevertheless doing useful things in the society.
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We only want to link up with people whom we like, admire, and trust. ... We do not wish to join with managers who lack admirable qualities, no matter how attractive the prospects of their business. We've never succeeded in making a good deal with a bad person.
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The most dangerous distractions are the ones you love, but that don’t love you back.
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I'm just lucky to have been in the right place at the right time. Another place, another time, I wouldn't have been as successful. Society enabled me to make my money and my money should go to society.
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Always associate yourself with people who are better than you.
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The future is never clear you pay a very high price in the stock market for a cheery consensus. Uncertainty actually is the friend of the buyer of long-term values.
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Derivatives are financial weapons of mass destruction.
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Buy a business, don't rent stocks.
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I measure success by how many people love me. And the best way to be loved is to be lo veable.
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It isn't given to man to be able to run a financial institution where different interest-rate scenarios will prevail on all of that so as to produce kind of smooth, regular earnings from a very large base to start with.
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Trust is like the air we breathe--when it's present, nobody really notices when it's absent, everybody notices.
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The trick is, when there is nothing to do, do nothing.
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