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I think the FDIC was one of the great inventions of the American.
Warren Buffett
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Warren Buffett
Age: 94
Born: 1930
Born: August 30
Entrepreneur
Financier
Investor
Shareholder
Omaha
Nebraska
Warren Edward Buffett
Inventions
Invention
American
Great
Think
Thinking
More quotes by Warren Buffett
An investor should act as though he had a lifetime decision card with just twenty punches on it.
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I have always cautioned partners that I considered three years a minimum in determining whether we were performing.
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A great investment opportunity occurs when a marvelous business encounters a one-time huge, but solvable problem.
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First come the innovators, then come the imitators, then come the idiots.
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You have to be able to communicate in life and probably schools underemphasize that. If you can't talk to people or write, you're giving up your potential.
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The patient that's on the floor with the cardiac arrest is not Wall Street. It's the American economy.
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I asked him what he wanted to do for his career, and he replied that he wanted to go into a particular field, but thought he should work for McKinsey for a few years first to add to his resume. To me that's like saving sex for your old age. It makes no sense.
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There's not many businesses where someone can come in and offer to cut the price in half and somebody doesn't think about shifting. But that's the nature of the ratings business.
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The best investment you can make is in yourself.
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Traditional wisdom is long on tradition and short on wisdom.
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Never depend on a single source of income.
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When you get to my age, you’ll measure your success in life by how many of the people you want to have love you actually do love you. That’s the ultimate test of how you’ve lived your life.
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Of our 49 billion, we haven't moved any to Bitcoin
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Look for companies with high profit margins.
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The truth is, everything that has happened in my life... that I thought was a crushing event at the time, has turned out for the better.
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Risk is a part of God's game, alike for men and nations.
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Investors making purchases in an overheated market need to recognize that it may often take an extended period for the value of even an outstanding company to catch up with the price they paid.
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A low-cost index fund is the most sensible equity investment for the great majority of investors. My mentor, Ben Graham, took this position many years ago, and everything I have seen since convinces me of its truth.
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My rather puritanical view is that any investment manager, whether operating as broker, investment counselor of a trust department, investment company, etc., should be willing to state unequivocally what he is going to attempt to accomplish and how he proposes to measure the extent to which he gets the job done.
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The truth is that I've got all my net worth safely in Berkshire and I will never sell a share so there is no one more concerned about what happens after my death than I am.
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