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If I were the treasury secretary or head of the Fed, you know, I would try to scare the hell the out of the private sector and say, you better save this because you're going down with the ship.
Warren Buffett
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Warren Buffett
Age: 94
Born: 1930
Born: August 30
Entrepreneur
Financier
Investor
Shareholder
Omaha
Nebraska
Warren Edward Buffett
Trying
Secretary
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Scare
Would
Ships
Private
Save
Treasury
Hell
Sector
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More quotes by Warren Buffett
A pin lies in wait for every bubble. And when the two eventually meet, a new wave of investors learns some very old lessons: First, many in Wall Street (a community in which quality control is not prized) will sell investors anything they will buy. Second, speculation is most dangerous when it looks easiest.
Warren Buffett
Only buy something that you'd be perfectly happy to hold if the market shut down for 10 years.
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The critical investment factor is determining the intrinsic value of a business and paying a fair or bargain price.
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The U.S. Treasury has got borrowing costs like nobody else has.
Warren Buffett
The difference between successful people and really successful people is that really successful people say no to almost everything.
Warren Buffett
The rest of the world really likes our stuff pretty well. It's just we buy so damn much of what they produce.
Warren Buffett
One of the ironies of the stock market is the emphasis on activity. Brokers, using terms such as 'marketability' and 'liquidity,' sing the praises of companies with high share turnover... but investors should understand that what is good for the croupier is not good for the customer. A hyperactive stock market is the pick pocket of enterprise.
Warren Buffett
I read annual reports of the company I'm looking at and I read the annual reports of the competitors - that is the main source of material.
Warren Buffett
Never ask a barber if you need a haircut.
Warren Buffett
The real fortunes in this country have been made by people who have been right about the business they invested in, and not right about the timing of the stock market.
Warren Buffett
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
It takes 20 years to build a reputation and five minutes to ruin it. If you think about that, you'll do things differently.
Warren Buffett
I mean, you know, you're not going to change the human animal. And the human animal really doesn't get a lot smarter.
Warren Buffett
I think you should read everything you can. In my case, by the age of 10, I'd read every book in the Omaha public library about investing, some twice. You need to fill your mind with various competing thoughts and decide which make sense.
Warren Buffett
Taking jobs to build up your resume is the same as saving up sex for old age.
Warren Buffett
I am not in the business of predicting general stock market of business fluctuations. If you think I can do this, or think it is essential to an investment program, you should not be in the partnership.
Warren Buffett
Sound investing can make you very wealthy if you're not in too big a hurry
Warren Buffett
The best asset is your own self. You can become to an enormous degree the person you want to be
Warren Buffett
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.
Warren Buffett
I think it will get moving faster. I mean once you get it off the - once credit flows - now the recession is going to get worse.
Warren Buffett