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It makes a difference who the treasury secretary is.

Warren Buffett

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Warren Buffett
Age: 94
Born: 1930
Born: August 30
Entrepreneur
Financier
Investor
Shareholder
Omaha
Nebraska
Warren Edward Buffett
Treasury
Secretary
Difference
Differences
Makes

More quotes by Warren Buffett

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Of one thing be certain: if a CEO is enthused about a particularly foolish acquisition, both his internal staff and his outside advisors will come up with whatever projections are needed to justify his stance. Only in fairy tales are emperors told that they are naked.
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Gold has two significant shortcomings, being neither of much use nor procreative.
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Nothing sedates rationality like large doses of effortless money.
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A public-opinion poll is no substitute for thought.
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The true investor welcomes volatility ... a wildly fluctuating market means that irrationally low prices will periodically be attached to solid businesses.
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If we start deciding, based on guesses or emotions, whether we will or won't participate in a business where we should have some long run edge, we're in trouble.
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Enjoy your work and work for whom you admire.
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In the great majority of cases we simply do not know enough about the industry or company to come to sensible judgments-in that situation we pass.
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When people talk about cash being king, it's not king if it just sits there and never does anything.
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A Company should be viewed as an unfolding movie, not as a still photograph
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I think people - what people want to do is make [economy] get worse.
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Never depend on single income. Make investment to create a second source.
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You need a lot of curiosity for a long, long time.
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One’s objective should be to get it right, get it quick, get it out and get it over. Your problem won’t improve with age.
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The three most important words in investing...Margin of Safety.
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I spend twelve hours a week - a little over 10% of my waking hours - playing the game. Now I am trying to figure out how to get by on less sleep in order to fit in a few more hands.
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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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Never risk what you have and need for what we don't have and don't need.
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Valuing a business is part art and part science.
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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.
Warren Buffett