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I did not think I would see the day when, you know, an AIG would not be able to have its checks clear.
Warren Buffett
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Warren Buffett
Age: 94
Born: 1930
Born: August 30
Entrepreneur
Financier
Investor
Shareholder
Omaha
Nebraska
Warren Edward Buffett
Checks
Clear
Able
Would
Think
Thinking
More quotes by Warren Buffett
Our policy is to concentrate holdings. We try to avoid buying a little of this or that when we are only lukewarm about the business or its price. When we are convinced as to attractiveness, we believe in buying worthwhile amounts.
Warren Buffett
Gold is a way of going long on fear, and it has been a pretty good way of going long on fear from time to time. But you really have to hope people become more afraid in a year or two years than they are now. And if they become more afraid you make money, if they become less afraid you lose money, but the gold itself doesn’t produce anything.
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Honesty is a very expensive gift, Don't expect it from cheap people.
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All but a few of the organizations do not specifically promise to deliver superior investment performance although it is perhaps not unreasonable for the public to draw such an inference from their advertised emphasis on professional management.
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Money is not everything. Make sure you earn a lot before speaking such nonsense.
Warren Buffett
If you lose money for the firm, I will be forgiving. If you lose reputation, I will be ruthless.
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Never give up searching for the job that you're passionate about.
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In my view, [the trade deficit] will create political turmoil at some point...Pretty soon, I think there will be a big adjustment.
Warren Buffett
I certainly have no desire to sell a good controlled business run by people I like and admire, merely to obtain a fancy price. However, specific conditions may cause the sale of one operating unit at some point.
Warren Buffett
You have hedge funds and people like that buying these assets to yield 15 or 20 percent, I mean, that's the buyer for these people that are trying to unload them.
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When people tell me they've learned from experience, I tell them the trick is to learn from other people's experience.
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I've argued with the senators and congressmen I've talked to. You don't want to be too little too late. If you buy them at the right price, you may be buying two trillion of face value.
Warren Buffett
Calculate owner earnings to get a true reflection of value.
Warren Buffett
It's going to be tough because the economy is going to be getting worse for a while. And it might fall off a cliff if this doesn't pass. But nobody will ever know that if it does.
Warren Buffett
If you have a harem of 40 women, you never get to know any of them very well.
Warren Buffett
If you want to soar like an eagle in life, you can't be flocking with the turkeys.
Warren Buffett
The best education you can get is investing in yourself, and that doesn't mean college or university.
Warren Buffett
Take Wrigley's Chewing Gum. I don't think the Internet is going to change how people chew gum.
Warren Buffett
Derivatives are like sex. It's not who we're sleeping with, it's who they're sleeping with that's the problem.
Warren Buffett
If you gave me the choice of being CEO of General Electric or IBM or General Motors, you name it, or delivering papers, I would deliver papers. I would. I enjoyed doing that. I can think about what I want to think. I don't have to do anything I don't want to do.
Warren Buffett