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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

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Warren Buffett
Age: 94
Born: 1930
Born: August 30
Entrepreneur
Financier
Investor
Shareholder
Omaha
Nebraska
Warren Edward Buffett
Important
Treasury
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Only when the tide goes out do you discover who's been swimming naked.
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If anything, taxes for the lower and middle class and maybe even the upper-middle class should even probably be cut further. But I think that people at the high end - people like myself - should be paying a lot more in taxes. We have it better than we've ever had it.
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In the financial markets I find it easy to predict what will happen and very difficult to predict when it will happen. I think that things were clear during the bubble as to what would happen eventually.
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If I knew where I was going to want to live the next five or 10 years I would buy a home and I'd finance it with a 30-year mortgage... It's a terrific deal.
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You know, with your money and my brains, I mean, there's no telling how far we'd go.
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You don't want 300 million Americans putting their money under the mattress.
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What's nice about investing is you don't have to swing at every pitch.
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I like to buy things I can understand. I do a lot of research on things.
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Possessing a powerful worldwide brand is essential for sustained success.
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I mean there is no capital requirements to it or anything of the sort. And basically, I said there were possibly financial weapons of mass destruction, and they had them. They destroyed AIG. They certainly contributed to the destruction of Bear Sterns and Lehman. Although Lehman had other problems, too.
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Our policy is to concentrate holdings. We try to avoid buying a little of this or that when we are only lukewarm about the business or its price. When we are convinced as to attractiveness, we believe in buying worthwhile amounts.
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The best thing that happens to us is when a great company gets into temporary trouble...We want to buy them when they're on the operating table.
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I put heavy weight on certainty. It's not risky to buy securities at a fraction of what they're worth.
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