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I'm not worried they're all about the investments we make. I mean, listen, this country - we've got $46,000 or $47,000 of GDP per capita. Now, we've done pretty darn well. We'll do better in the future.
Warren Buffett
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Warren Buffett
Age: 94
Born: 1930
Born: August 30
Entrepreneur
Financier
Investor
Shareholder
Omaha
Nebraska
Warren Edward Buffett
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More quotes by Warren Buffett
Observing that the market was FREQUENTLY efficient, EMT Adherents went on to conclude incorrectly that it was ALWAYS efficient. The difference between these propositions is night and day.
Warren Buffett
We are trading away a little bit of our country all the time for this access consumption that we have over what we've produced. That is not good. I think it's terrible over time. But our country's productive grows enough so we actually can do that, and we'll still be better off. We just don't be as well off as if we hadn't done it.
Warren Buffett
My net worth is the market value of holdings less the tax payable upon sale. The liability is just as real as the asset unless the value of the asset declines (ouch), the asset is given away (no comment), or I die with it. The latter course of action would appear to at least border on a Pyrrhic victory.
Warren Buffett
There's not many businesses where someone can come in and offer to cut the price in half and somebody doesn't think about shifting. But that's the nature of the ratings business.
Warren Buffett
I don't know that I could draw one that's perfect. But I'd rather by approximately right than precisely wrong, and it would be precisely wrong to turn it down.
Warren Buffett
It is not necessary to do extraordinary things to get extraordinary results.
Warren Buffett
The greater the potential for reward in the value portfolio, the less risk there is.
Warren Buffett
When people tell me they've learned from experience, I tell them the trick is to learn from other people's experience.
Warren Buffett
Ignore the stock market, ignore the economy, and buy a business you understand.
Warren Buffett
Money to some extent sometimes let you be in more interesting environments. But it can't change how many people love you or how healthy you are.
Warren Buffett
I would say it's more important who the treasury secretary is than who the vice president is. If you want to have a debate here, I'd like a debate between potential treasury secretaries than the vice presidential debate.
Warren Buffett
When bills come due, only cash is legal tender. Don't leave home without it.
Warren Buffett
I mean, you may be very mad at some guy that walked away with a huge golden parachute, but that really isn't the important thing.
Warren Buffett
In other words, the percentage change in book value in any given year is likely to be reasonably close to that year's change in intrinsic value.
Warren Buffett
That which is not worth doing at all is not worth doing well.
Warren Buffett
Our future rates of gain will fall far short of those achieved in the past. Berkshire's capital base is now simply too large to allow us to earn truly outsized returns. If you believe otherwise, you should consider a career in sales but avoid one in mathematics.
Warren Buffett
Be fearful when there is greed and be greedy when there is fear.
Warren Buffett
I think you'll have plenty of scrutiny as how the money's invested. I mean, just like the RFC. When the RFC operated, people knew which institutions they were buying preferred stock in. And it worked very well.
Warren Buffett
Asking for financial advice from a financial planner is like asking a barber if you need a hair cut.
Warren Buffett
Risk comes from not knowing what you're doing.
Warren Buffett