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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

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I mean there is no capital requirements to it or anything of the sort. And basically, I said there were possibly financial weapons of mass destruction, and they had them. They destroyed AIG. They certainly contributed to the destruction of Bear Sterns and Lehman. Although Lehman had other problems, too.
Warren Buffett
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I don't read economic forecasts. I don't read the funny papers.
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For some reason, people take their cues from price action rather than from values. What doesn't work is when you start doing things that you don't understand or because they worked last week for somebody else. The dumbest reason in the world to buy a stock is because it's going up.
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If I eat 2,700 calories a day, a quarter of that is Coca-Cola.
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Just imagine living on 21,000 a year. I mean you have 20 percent of the population doing that. So you don't have to worry about guys like me.
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The advice you never go broke taking a profit is foolish.
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I would say that life at 84, I am having as much fun as I've ever had in my life. I mean I get to do what I love every day with the people I love-and it just doesn't get any better than that.
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You can't help some increase from this point. I don't want any viewer to go away think a magic wand exists in Congress. So they're going to see some more bad news. But if we do this, we're doing the right thing.
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Look for companies with high profit margins.
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You don't need to have extraordinary effort to achieve extraordinary results. You just need to do the ordinary, everyday things exceptionally well.
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What motivates most gold purchasers is their belief that the ranks of the fearful will grow ... As 'bandwagon' investors join any party, they create their own truth - for a while.
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Does management resist the institutional imperative?
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The trick is, when there is nothing to do, do nothing.
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Accounting is the language of business.
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Occasionally, a man must rise above principles.
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I never attempt to make money on the stock market. I buy on the assumption that they could close the market the next day and not reopen it for five years.
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Every day that goes by, I mean, if you don't react to Pearl Harbor for a week or two weeks or three weeks, you're behind in the war that you otherwise would have fought.
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The U.S. Treasury has got borrowing costs like nobody else has.
Warren Buffett
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Too often, a vast collection of possessions ends up possessing its owner.
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If you buy things you do not need, soon you will have to sell things you need.
Warren Buffett