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I know the country works extremely well. You know, but when it isn't clogged up.

Warren Buffett

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Warren Buffett
Age: 94
Born: 1930
Born: August 30
Entrepreneur
Financier
Investor
Shareholder
Omaha
Nebraska
Warren Edward Buffett
Well
Country
Clogged
Extremely
Works
Wells

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With enough insider information and a million dollars, you can go broke in a year.
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You don't ever ask a barber whether you need a haircut.
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It's not debt per say that overwhelms an individual corporation or country. Rather it is a continuous increase in debt in relation to income that causes trouble.
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We've used derivatives for many, many years. I don't think derivatives are evil, per se, I think they are dangerous.
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People always should know better. People don't get - they don't get smarter about things that get as basic as greed.
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Equities will do well over time - you just have to avoid getting excited when other people are getting excited.
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Consciously paying more for a stock than its calculated value - in the hope that it can soon be sold for a still-higher price - should be labelled speculation
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I have three boxes on my desk: In, Out, and Too Hard.
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The most dangerous distractions are the ones you love, but that don’t love you back.
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Problems in a company are like cockroaches in the kitchen. You will never find just one
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The ability to say no is a tremendous advantage for an investor.
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A CEO's behavior has a huge impact on managers down the line.
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The much-maligned idle rich have received a bad rap: They have maintained their wealth while many There is scarcely an instance of a man who has made a fortune by speculation and kept it. Andrew Carnegie of the energetic rich, aggressive real estate operators, corporate acquirers, oil drillers, etc. have their fortunes disappear.
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In economics, you always want to ask 'And then what?'
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In a bull market, one must avoid the error of the preening duck that quacks boastfully after a torrential rainstorm, thinking that its paddling skills have caused it to rise in the world. A right-thinking duck would instead compare its position after the downpour to that of the other ducks on the pond.
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If you own a wonderful business...the best thing to do is keep it. All you're going to do is trade your wonderful business for a whole bunch of cash, which isn't as good as the business, and you got the problem of investing in other businesses, and you probably paid a tax in between. So my advice to anybody who owns a wonderful business is keep it.
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Be fearful when there is greed and be greedy when there is fear.
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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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Opportunities come infrequently. When it rains gold, put out the bucket, not the thimble.
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Do not save what is left after spending, but spend what is left after saving.
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