Quote

I would push purchasing power - you push out $1,000 of purchasing to those people, it's going to get - it's going to get spent. And it needs to be spent. They need it. And it should come, to some extent, from guys like me.

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
Power
Come
Need
Purchasing
Needs
Extent
Going
Push
Would
Spent
Like
Guys
People
Guy

More quotes by Warren Buffett

Image
The smarter the journalists are, the better off society is. For to a degree, people read the press to inform themselves - and the better the teacher, the better the student body.
Warren Buffett
Image
We set no volume goals in our insurance business generally-and certainly not in reinsurance-as virtually any volume can be achieved if profitability standards are ignored.
Warren Buffett
Image
In one way, I'm sympathetic to the institutional reluctance to face the music. I'd give a lot to mark my weight to 'model' rather than to 'market.'
Warren Buffett
Image
The greater the potential for reward in the value portfolio, the less risk there is.
Warren Buffett
Image
Well, it may be all right in practice, but it will never work in theory
Warren Buffett
Image
The financial calculus that Charlie and I employ would never permit our trading a good night's sleep for a shot at a few extra percentage points of return. I've never believed in risking what my friends and family have and need in order to pursue what they don't have and don't need.
Warren Buffett
Image
No matter how great the talent or efforts, some things just take time.
Warren Buffett
Image
By periodically investing in an index fund, the know-nothing investors can actually outperform most investment professionals.
Warren Buffett
Image
If, when making a stock investment, you're not considering holding it at least ten years, don't waste more than ten minutes considering it.
Warren Buffett
Image
A market downturn, doesn't bother us. For us and our long term investors, it is an opportunity to increase our ownership of great companies with great management at good prices. Only for short term investors and market timers is a correction not an opportunity.
Warren Buffett
Image
When forced to choose, I will not trade even a night's sleep for the chance of extra profits.
Warren Buffett
Image
You know, people talk about this being an uncertain time. You know, all time is uncertain. I mean, it was uncertain back in - in 2007, we just didn't know it was uncertain. It was - uncertain on September 10th, 2001. It was uncertain on October 18th, 1987, you just didn't know it.
Warren Buffett
Image
The best thing I did was choose the right heroes.
Warren Buffett
Image
With enough insider information and a million dollars, you can go broke in a year.
Warren Buffett
Image
With a wonderful business, you can figure out what will happen you can't figure out when it will happen. You don't want to focus on when, you want to focus on what. If you're right about what, you don't have to worry about when
Warren Buffett
Image
The truth is, everything that has happened in my life... that I thought was a crushing event at the time, has turned out for the better.
Warren Buffett
Image
Confidence in markets and in institutions, it's a lot like oxygen. When you have it, you don't even think about it. It's indispensable. You can go years without thinking about it. When it's gone for five minutes, it's the only thing to think about.
Warren Buffett
Image
We do not have, nor have had, and never will have an opinion about where the stock market, interest rates, or business activity will be a year from now.
Warren Buffett
Image
I don't know that I could draw one that's perfect. But I'd rather by approximately right than precisely wrong, and it would be precisely wrong to turn it down.
Warren Buffett
Image
For some reason, people take their cues from price action rather than from values. What doesn't work is when you start doing things that you don't understand or because they worked last week for somebody else. The dumbest reason in the world to buy a stock is because it's going up.
Warren Buffett