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I've never been very fully employed either but just think of what it's like, you know, to go home with a mortgage payment you know and kids and everything else. My dad had that happen to him in the early '30s.

Warren Buffett

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Warren Buffett
Age: 94
Born: 1930
Born: August 30
Entrepreneur
Financier
Investor
Shareholder
Omaha
Nebraska
Warren Edward Buffett
Thinking
Happen
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Else
Mortgage
Happens
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Kids
Employed
Home
Fully
Everything
Dad
Never
Early
Think
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More quotes by Warren Buffett

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You don't need to be a rocket scientist. Investing is not a game where the guy with the 160 IQ beats the guy with 130 IQ.
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It's very important that the determination of the US Congress to do what is is needed be made evident this week and by the actions of most of the members. I mean, you're not going to get total assent.
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At age 19, I read a book [The Intelligent Investor] and what I'm doing today, at age 76, is running things through the same thought process I learned from the book I read at 19.
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The rest of the world really likes our stuff pretty well. It's just we buy so damn much of what they produce.
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Investors should remember that excitement and expenses are their enemies.
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If you do smart things and use leverage and do one wrong thing along the way, it could wipe you out, because anything times zero is zero. But it's reinforcing when the people around you are doing it successfully, you're doing it successfully, and it's a lot like Cinderella at the ball.
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Honesty is a very expensive gift, Don't expect it from cheap people.
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Anything can happen in stock markets and you ought to conduct your affairs so that if the most extraordinary events happen, that you're still around to play the next day.
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We've got a wonderful economic formula in this country.
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Wall Street is the only place that people ride to in a Rolls Royce to get advice from those who take the subway.
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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.
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The Happiest people DO NOT necessarily have the BEST THINGS. They simply APPRECIATE the things they have.
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I think that trying to invest through 535 people is a tough job, you know, and so I would give more latitude.
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I don't really think that, as a society, we [americans] want to confer blessings on generation after generation who contribute nothing to society, simply because somebody in the far distant past happened to amass a great sum of wealth.
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It takes 150 years to build an investment bank and only five minutes to convince you to sell me preferred stock in it at a 10% interest rate.
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The same things happen to quite an extent around the globe. I mean, the European banks were doing what the American banks were.
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There's no use running if you're on the wrong road.
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Working with people who cause your stomach to churn seems much like marrying for money - probably a bad idea under any circumstances, but absolute madness if you are already rich.
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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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