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Just imagine living on 21,000 a year. I mean you have 20 percent of the population doing that. So you don't have to worry about guys like me.

Warren Buffett

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Warren Buffett
Age: 94
Born: 1930
Born: August 30
Entrepreneur
Financier
Investor
Shareholder
Omaha
Nebraska
Warren Edward Buffett
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More quotes by Warren Buffett

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When bills come due, only cash is legal tender. Don't leave home without it.
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If you have a harem of 40 women, you never get to know any of them very well.
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The greatest Enemies of the Equity investor are Expenses and Emotions.
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I can do anything I want, basically, as long as it doesn't involve athletic ability, or something like that.
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I do know that when I am 60, I should be attempting to achieve different personal goals than those which had priority at age 20.
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The business schools reward difficult complex behavior more than simple behavior, but simple behavior is more effective.
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I'm not worried they're all about the investments we make. I mean, listen, this country - we've got $46,000 or $47,000 of GDP per capita. Now, we've done pretty darn well. We'll do better in the future.
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The single most important decision in evaluating a business is pricing power.
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The Stock Market is designed to transfer money from the Active to the Patient.
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You can't produce a baby in one month by getting nine women pregnant.
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Whether we’re talking about socks or stocks, I like buying quality merchandise when it is marked down.
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I certainly do believe anyone engaged in the management of money should have a standard of measurement, and that both he and the party whose money is managed should have a clear understanding why it is the appropriate standard, what time period should be utilized, etc.
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... it's important to have the right monetary policy. It's important for, to have the right fiscal policy. But it's nowhere near as important as just the normal regenerative capacity of American capitalism.
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I prefer liquor store robbers with hungry kids to companies that locate offshore to avoid U.S. taxes.
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Market price, while used exclusively to value our investments in minority positions, is not a relevant factor when applied to our controlling interests.
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If you’re in the luckiest one per cent of humanity, you owe it to the rest of humanity to think about the other 99 per cent.
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I learned to go into business only with people whom I like, trust, and admire.
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I have a house that I bought 55 years ago. It's warm in the winter it's cool in the summer. It has everything I wanted, plus it has all kinds of good memories. Like my kids, I have good thoughts about that. I can't imagine living any better.
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If you've got a good enough business, if you have a monopoly newspaper, if you have a network television station - I'm talking of the past - you know, your idiot nephew could run it. And if you've got a really good business, it doesn't make any difference.
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If you have more than 120 or 130 I.Q. points, you can afford to give the rest away. You don't need extraordinary intelligence to succeed as an investor.
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