Quote

Inflation could be a very - is a likely consequence out of what's going on now.

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
Consequence
Going
Inflation
Likely

More quotes by Warren Buffett

Image
Buy a cross section of American industry, and if a cross section of American industry doesn't work, certainly trying to pick the little beauties here and there isn't going to work either.
Warren Buffett
Image
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.
Warren Buffett
Image
Uncertainty is the friend of the buyer of long term values.
Warren Buffett
Image
I bought a company in the mid-90s called Dexter Shoe and paid $400 million for it. And it went to zero. And I gave about $400 million worth of Berkshire stock, which is probably now worth $400 billion. But I've made lots of dumb decisions. That's part of the game.
Warren Buffett
Image
You're neither right nor wrong because other people agree with you. You're right because your facts are right and your reasoning is right - that's the only thing that makes you right. And if your facts and reasoning are right, you don't have to worry about anybody else.
Warren Buffett
Image
First, many in Wall Street - a community in which quality control is not prized - will sell investors anything they will buy.
Warren Buffett
Image
Every company that has an economist working for him has one employee too many.
Warren Buffett
Image
We simply attempt to be fearful when others are greedy and to be greedy only when others are fearful.
Warren Buffett
Image
If you can eliminate the government as a 39.6% partner, then you will be much better off.
Warren Buffett
Image
I lose confidence in other people, all kinds of institutions.
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’ve never believed in risking what my family and friends have and need in order to pursue what they don’t have and don’t need.
Warren Buffett
Image
The good thing is, we have household formation in this country.
Warren Buffett
Image
House prices just soared beyond - beyond reason in many places and they got financed in silly ways, and people lied about loans, all kinds of accesses entered into it. But that is what - that is the single biggest cause of why we're here.
Warren Buffett
Image
What an investor needs is the ability to correctly evaluate selected businesses. Note that word “selected”: You don't have to be an expert on every company, or even many. You only have to be able to evaluate companies within your circle of competence. The size of that circle is not very important knowing its boundaries, however, is vital.
Warren Buffett
Image
A public-opinion poll is no substitute for thought.
Warren Buffett
Image
There is no question we have an access stock.
Warren Buffett
Image
A pack of lemmings looks like a group of rugged individualists compared with Wall Street when it gets a concept in its teeth.
Warren Buffett
Image
They say the chains of habit are too light to be felt until they are too heavy to be broken. The chains you put around yourself now have enormous consequences as you go through life.
Warren Buffett
Image
We've long felt that the only value of stock forecasters is to make fortune tellers look good. Even now, Charlie and I continue to believe that short-term market forecasts are poison and should be kept locked up in a safe place, away from children and also from grown-ups who behave in the market like children.
Warren Buffett