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I mean [Franklin Delano] Roosevelt didn't - you know, when he came in, he didn't print any money.

Warren Buffett

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Warren Buffett
Age: 94
Born: 1930
Born: August 30
Entrepreneur
Financier
Investor
Shareholder
Omaha
Nebraska
Warren Edward Buffett
Roosevelt
Franklin
Print
Came
Money
Didn
Mean

More quotes by Warren Buffett

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Somebody's buying these treasury bills at 1/20th of one percent. Consuming about $2 billion a day of goods and services beyond what we're producing. In other words, the rest of the world sends about $2 billion a day net of something.We got to send them something in return, don't we. So we send them little pieces of paper.
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When the brothel burns down, even the pretty girls have to run out.
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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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You should invest in a business that even a fool can run, because someday a fool will.
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I mean, Hank Paulson is in there [ Treasury] at the wrong time, probably shouldn't have taken the job. He's a friend of mine. But he knows markets, he knows corporations' work, he knows money, and he's got the interests of the country at heart.
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When Berkshire buys common stock, we approach the transaction as if we were buying into a private business.
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An investor needs to do very few things right as long as he or she avoids big mistakes.
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A Company should be viewed as an unfolding movie, not as a still photograph
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If you own the only newspaper in town, up until the last five years or so, you have pricing power and you didn't have to go to the office.
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We've got a wonderful economic formula in this country.
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I want to be able to explain my mistakes. This means I do only the things I completely understand.
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Knowing what to leave out is just as important as knowing what to focus on.
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I think confidence will come back.
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The most common cause of low prices is pessimism - sometimes pervasive, sometimes specific to a company or industry. We want to do business in such an environment, not because we like pessimism but because we like the prices it produces.
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Although we deal with probabilities and expectations, the actual results can deviate substantially from such expectations, particularly on a short-term basis.
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If you have a harem of 40 women, you never get to know any of them very well.
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Mr. Market is your servant, not your guide.
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I think you are out of your mind if you keep taking jobs that you don't like because you think it will look good on your resume. Isn't that a little like saving up sex for your old age?
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The smarter the journalists are, the better off society is.
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The best business returns are usually achieved by companies that are doing something quite similar today to what they were doing five or ten years ago.
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