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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
Money
Didn
Mean
Roosevelt
Franklin
Print
Came

More quotes by Warren Buffett

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I checked the actuarial tables, and the lowest death rate is among six-year-olds. So I decided to eat like a six-year-old.
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The woman that comes in, takes the wastebasket away, she's paying 15.3 or whatever it is on payroll tax alone. I mean it is - I never had it so good.
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I think the biggest thing we need is to unclog the credit markets, and we may need another stimulus - if we do, it's - it should go to the lower and middle-income people.
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All there is to investing is picking good stocks at good times and staying with them as long as they remain good companies.
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I don't think it would be crazy to have a model or an entity model on the Reconstruction Finance Corp.
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We simply attempt to be fearful when others are greedy and to be greedy only when others are fearful.
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In the great majority of cases we simply do not know enough about the industry or company to come to sensible judgments-in that situation we pass.
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Investment ideas, like women are often more exciting than punctual.
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In the end, alchemy, whether it is metallurgical or financial, fails. A base business can not be transformed into a golden business by tricks of accounting or capital structure. The man claiming to be a financial alchemist may become rich. But gullible investors rather than business achievements will usually be the source of his wealth.
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The only question is whether you’re going to do it today or tomorrow. If you keep saying you’re going to do it tomorrow, you’ll never do it. You have to get on it today.
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All day you wait for the pitch you like then when the fielders are asleep, you step up and hit it.
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Basically, the single-most important decision in evaluating a business is pricing power.
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You should be unconcerned about short-term price action when you own the securities directly, just as you were unconcerned when you owned them indirectly through BPL. I think about them as businesses, not stocks, and if the business does all right over the long term, so will the stock.
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A stock doesn't know that you own it.
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I'll bring my tax returns you bring yours. I'll meet you anytime anywhere.
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The (stock) market is there only as a reference point to see if anybody is offering to do anything foolish. When we invest in stocks, we invest in businesses.
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If the reason for doing something is that everyone else is doing it, it's not a good enough reason.
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Investors... can't pick stocks that are better than average. Stocks are a good thing to own over time. There's only two things you can do wrong: You can buy the wrong ones, and you can buy or sell them at the wrong time. And the truth is you never need to sell them.
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It's better to build than to buy if you can find the right people.
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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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