Quote

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

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
Think
Plenty
Thinking
Institutions
Like
Worked
Operated
People
Knew
Preferred
Money
Scrutiny
Wells
Invested
Well
Stock
Mean
Buying

More quotes by Warren Buffett

Image
Cash never makes us happy, but it's better to have the money burning a hole in Berkshire's pocket than resting comfortably in someone else's.
Warren Buffett
Image
Other guys read Playboy. I read annual reports.
Warren Buffett
Image
Managers that always promise to 'make the numbers' will at some point be tempted to make up the numbers.
Warren Buffett
Image
Buy companies with strong histories of profitability and with a dominant business franchise.
Warren Buffett
Image
On his Giving Pledge philanthropy: The way I got the message out was to get a copy of FORBES, look down that 400 list and start making phone calls! Bill and Melinda [Gates] did the same thing. So keep publishing the list so I can milk it.
Warren Buffett
Image
I think the biggest thing we need is to unclog the credit markets, and we may need another stimulus - if we do, it's - it should go to the lower and middle-income people.
Warren Buffett
Image
Wide diversification is only required when investors do not understand what they are doing.
Warren Buffett
Image
Energy deregulation will be the largest transfer of wealth in history.
Warren Buffett
Image
Investors making purchases in an overheated market need to recognize that it may often take an extended period for the value of even an outstanding company to catch up with the price they paid.
Warren Buffett
Image
I mean, you can explain the fact that these are depressed prices, you know. We think these assets are going to be worth a lot more. And I think that case can be made in certain situations. But I think to just say, you know, we're going to say a dollar of cash is worth $2 all of a sudden, it isn't worth $2. It's worth a dollar today.
Warren Buffett
Image
We all make mistakes. If you can't make mistakes, you can't make decisions. I've made a lot bigger mistakes myself.
Warren Buffett
Image
If book knowledge made great investors, than the librarians would all be rich.
Warren Buffett
Image
Investing is forgoing consumption now in order to have the ability to consume more at a later date.
Warren Buffett
Image
Investing is the greatest business in the world because you never have to swing. You stand at the plate the pitcher throws you General Motors at 47! U.S. Steel at 39! And nobody calls a strike on you. There's no penalty except opportunity. All day you wait for the pitch you like then, when the fielders are asleep, you step up and hit it.
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
Asking for financial advice from a financial planner is like asking a barber if you need a hair cut.
Warren Buffett
Image
The woman that comes in, takes the wastebasket away, she's paying 15.3 or whatever it is on payroll tax alone. I mean it is - I never had it so good.
Warren Buffett
Image
We have a country where I don't know whether it's a million households a year or more, but good form.
Warren Buffett
Image
I don't have my diploma from the University of Nebraska hanging on my office wall, and I don't have my diploma from Columbia up there either-but I do have my Dale Carnegie graduation certificate proudly displayed.
Warren Buffett
Image
Today people who hold cash equivalents feel comfortable. They shouldn't. They have opted for a terrible long-term asset, one that pays virtually nothing and is certain to depreciate in value.
Warren Buffett