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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
Think
Thinking
Checks
Clear
Able
Would

More quotes by Warren Buffett

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The important thing is to keep playing, to play against weak opponents and to play for big stakes.
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In earlier years, a lesser effort produced literally dozens of comparable opportunities. It is difficult to be objective about the causes for such diminution of one's own productivity. Three factors that seem apparent are: (1) a somewhat changed market environment (2) our increased size and (3) substantially more competition.
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I think you'll have plenty of scrutiny as how the money's invested. I mean, just like the RFC. When the RFC operated, people knew which institutions they were buying preferred stock in. And it worked very well.
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Having a large amount of leverage is like driving a car with a dagger on the steering wheel pointed at your heart. If you do that, you will be a better driver. There will be fewer accidents but when they happen, they will be fatal.
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A CEO's behavior has a huge impact on managers down the line.
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Buy a business, don't rent stocks.
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Money is not everything. Make sure you earn a lot before speaking such nonsense.
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If you don't feel comfortable owning something for 10 years, then don't own it for 10 minutes.
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I am not worried about the country. I'm just worried about anything that gums up the potential of the country. And right now, it's pretty gummed up.
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You are neither right nor wrong because the crowd disagrees with you.
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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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Never depend on single income. Make investment to create a second source.
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I am a huge bull on this country. We will not have a double-dip recession at all. I see our businesses coming back almost across the board.
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Forecasts may tell you a great deal about the forecaster they tell you nothing about the future.
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Stop trying to predict the direction of the stock market, the economy or elections.
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First come the innovators, then come the imitators, then come the idiots.
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If you owe money, you can't pay them out. You just pay for everything, you do smart things, you eventually get very rich.
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Cash combined with courage in a time of crisis is priceless.
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Knowing what to leave out is just as important as knowing what to focus on.
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Over the years, a number of very smart people have learned the hard way that a long string of impressive numbers multiplied by a single zero always equals zero.
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