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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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If you’re in the luckiest one per cent of humanity, you owe it to the rest of humanity to think about the other 99 per cent.
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Success is having people love you that you want to have love you.
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I certainly do believe anyone engaged in the management of money should have a standard of measurement, and that both he and the party whose money is managed should have a clear understanding why it is the appropriate standard, what time period should be utilized, etc.
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Never count on making a good sale. Have the purchase price be so attractive that even a mediocre sale gives good results.
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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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The one piece of advice I can give you is, do what turns you on. Do something that if you had all the money in the world, you’d still be doing it. You’ve got to have a reason to jump out of bed in the morning.
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What the human being is best at doing is interpreting all new information so that their prior conclusions remain intact.
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Most people get interested in stocks when everyone else is. The time to get interested is when no one else is. You can't buy what is popular and do well.
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On his Giving Pledge philanthropy: The way I got the message out was to get a copy of FORBES, look down that 400 list and start making phone calls! Bill and Melinda [Gates] did the same thing. So keep publishing the list so I can milk it.
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For some reason people take their cues from price action rather than from values. Price is what you pay. Value is what you get.
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If you can tell me who your heroes are, I can tell you how you're going to turn out in life.
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I'm the luckiest guy in the world in terms of what I do for a living. No one can tell me to do things I don't believe in or things I think are stupid.
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Wild swings in share prices have more to do with the lemming- like behaviour of institutional investors than with the aggregate returns of the company they own.
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If you're extremely rich, and you have got children, my theory was, you give them enough so they can do anything, but not enough so they can do nothing.
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Confidence in markets and in institutions, it's a lot like oxygen. When you have it, you don't even think about it. It's indispensable. You can go years without thinking about it. When it's gone for five minutes, it's the only thing to think about.
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In other words, the percentage change in book value in any given year is likely to be reasonably close to that year's change in intrinsic value.
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A market downturn, doesn't bother us. For us and our long term investors, it is an opportunity to increase our ownership of great companies with great management at good prices. Only for short term investors and market timers is a correction not an opportunity.
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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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Every company that has an economist working for him has one employee too many.
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You should look at stocks as small pieces of business.
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