Quote

I think that actually people in my situation should be paying more tax.

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
Situation
Actually
Think
Thinking
People
Paying
Taxes

More quotes by Warren Buffett

Image
I'm just lucky to have been in the right place at the right time. Another place, another time, I wouldn't have been as successful. Society enabled me to make my money and my money should go to society.
Warren Buffett
Image
The fundamental basis of above-average performance in the long run is sustainable competitive advantage.
Warren Buffett
Image
There is seldom just one cockroach in the kitchen. You know, you turn on the light and, all of sudden, they all start scurrying around.
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
If I got any good ideas out of that or I think they're good ideas, I'll be glad to contribute them but the system will probably overdo some other things.
Warren Buffett
Image
They [Goverment] take from the woman who comes in and takes the wastebaskets out.
Warren Buffett
Image
Buy companies with strong histories of profitability and with a dominant business franchise.
Warren Buffett
Image
I like to buy things I can understand. I do a lot of research on things.
Warren Buffett
Image
The (stock) market is there only as a reference point to see if anybody is offering to do anything foolish. When we invest in stocks, we invest in businesses.
Warren Buffett
Image
In fact, in my adult lifetime, I don't think I've ever seen people as fearful economically as they are right now.
Warren Buffett
Image
We have embraced the 21st century by entering such cutting-edge industries as brick, carpet, insulation and paint. Try to control your excitement.
Warren Buffett
Image
The only question is whether you’re going to do it today or tomorrow. If you keep saying you’re going to do it tomorrow, you’ll never do it. You have to get on it today.
Warren Buffett
Image
The plan itself is opportunism. There is no plan before that.
Warren Buffett
Image
I'd rather have a $10 million business making 15 per cent than a $100 million business making 5 per cent.
Warren Buffett
Image
The most common cause of low prices is pessimism - some times pervasive, some times specific to a company or industry. We want to do business in such an environment, not because we like pessimism but because we like the prices it produces. It's optimism that is the enemy of the rational buyer.
Warren Buffett
Image
I do not believe in inheriting your position in society based on which womb you come from... I think a rich person should leave his children enough so they can do anything, but not enough so they can do nothing.
Warren Buffett
Image
The banking business is no favorite of ours. When assets are twenty times equity - a common ratio in this industry - mistakes that involve only a small portion of assets can destroy a major portion of equity. And mistakes have been the rule rather than the exception at many major banks.
Warren Buffett
Image
Intrinsic value can be defined simply: It is the discounted value of the cash that can be taken out of a business during its remaining life.
Warren Buffett
Image
I would rather sustain the penalties resulting from over-conservatism than face the consequences of error, perhaps with permanent capital loss, resulting from the adoption of New Era philosophy where trees really do grow to the sky.
Warren Buffett
Image
In business, I look for economic castles protected by unbreachable 'moats'.
Warren Buffett