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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
American
Great
Think
Thinking
Inventions
Invention
More quotes by Warren Buffett
I have never been able to understand why the tax comes as such a body blow to many people since the rate on long-term capital gain is lower than on most likes of endeavor (tax policy indicated digging ditches is regarded as socially less desirable than shuffling stock certificates).
Warren Buffett
In business, I look for economic castles protected by unbreachable 'moats'.
Warren Buffett
Diversification may preserve wealth, but concentration builds wealth.
Warren Buffett
We do not have, nor have had, and never will have an opinion about where the stock market, interest rates, or business activity will be a year from now.
Warren Buffett
We don't get paid for activity, just for being right. As to how long we'll wait, we'll wait indefinitely.
Warren Buffett
I am not worried about the country. I'm just worried about anything that gums up the potential of the country. And right now, it's pretty gummed up.
Warren Buffett
Most business mistakes are irreversible setbacks, but you get another chance. There are two things in life that you don't get another chance at - marrying the wrong person and what you do with your children.
Warren Buffett
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.
Warren Buffett
We've used derivatives for many, many years. I don't think derivatives are evil, per se, I think they are dangerous.
Warren Buffett
What we learn from history is that people don't learn from history.
Warren Buffett
I’ve worked in an economy that rewards someone who saves the lives of others on a battlefield with a medal, rewards a great teacher with thank-you notes from parents, but rewards those who can detect the mispricing of securities with sums reaching into the billions.
Warren Buffett
I think people - what people want to do is make [economy] get worse.
Warren Buffett
Bad terminology is the enemy of good thinking.
Warren Buffett
The greatest investment a young person can make is in their own education, in their own mind. Because money comes and goes. Relationships come and go. But what you learn once stays with you forever.
Warren Buffett
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.
Warren Buffett
I can't promise results, but I can promise a common destiny.
Warren Buffett
Take Wrigley's Chewing Gum. I don't think the Internet is going to change how people chew gum.
Warren Buffett
Investors should remember that excitement and expenses are their enemies.
Warren Buffett
Does management resist the institutional imperative?
Warren Buffett
Cash combined with courage in a time of crisis is priceless.
Warren Buffett
