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I think people - what people want to do is make [economy] get worse.

Warren Buffett

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Warren Buffett
Age: 94
Born: 1930
Born: August 30
Entrepreneur
Financier
Investor
Shareholder
Omaha
Nebraska
Warren Edward Buffett
Think
Thinking
People
Worse
Economy
Make

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I'll tell you why I like the cigarette business. It cost a penny to make. Sell it for a dollar. It's addictive. And there's a fantastic brand loyalty.
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I would say that an RFC-like thing might make sense. I probably would do it myself. But I don't think trying to combine that with what's going through now, I think what is needed now is liquidity.
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It makes a difference who the treasury secretary is.
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If I got a chance to take one percent of the deal either way, I would make that bet.
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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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There is no substitute for a local newspaper that is doing its job.
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