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Resolution Trust Company was set up to liquidate a bunch of assets that the government had inherited because the savings and loans went broke.

Warren Buffett

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Warren Buffett
Age: 94
Born: 1930
Born: August 30
Entrepreneur
Financier
Investor
Shareholder
Omaha
Nebraska
Warren Edward Buffett
Government
Assets
Resolution
Saving
Broke
Liquidate
Bunch
Loans
Trust
Inherited
Went
Savings
Company
Loan

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When forced to choose, I will not trade even a night's sleep for the chance of extra profits.
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We simply attempt to be fearful when others are greedy and to be greedy only when others are fearful.
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So some guy may know how to make money in cocoa beans, but I don't so I just let him have that. But it's got to be something I understand. It's got to be a business with fundamentally good economics. It's got to be a management that I like and trust and admire. And it's got to be a price that makes sense.
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The power of unconditional love. I mean, there is no power on earth like unconditional love.
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