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We're paying maybe 25 percent of the income tax, but the payroll tax is over a third of the receipts of the federal government. And they don't take that from me on capital gains. They don't take that from me on dividends.
Warren Buffett
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Warren Buffett
Age: 94
Born: 1930
Born: August 30
Entrepreneur
Financier
Investor
Shareholder
Omaha
Nebraska
Warren Edward Buffett
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More quotes by Warren Buffett
I have no idea on timing. It’s easier to tell what will happen than when it will happen. I would say that what is going on in terms of trade policy is going to have very important consequences.
Warren Buffett
Problems in a company are like cockroaches in the kitchen. You will never find just one
Warren Buffett
The most important quality for an investor is temperament, not intellect. You need a temperament that neither derives great pleasure from being with the crowd or against the crowd.
Warren Buffett
The active investors will have their returns diminished by a far greater percentage than will their inactive brethren. That means that the passive group - the know-nothings - must win.
Warren Buffett
The key to success is emotional stability.
Warren Buffett
It's far better to buy a wonderful company at a fair price than a fair company at a wonderful price.
Warren Buffett
As of 1992, in fact-though the picture would have improved since then-the money that had been made since the dawn of aviation by all of this country's airline companies was zero. Absolutely zero.
Warren Buffett
It's almost impossible to overpay the truly extraordinary CEO... but the species is rare.
Warren Buffett
There's no use running if you're on the wrong road.
Warren Buffett
We continue to make more money when snoring than when active.
Warren Buffett
If I taught a class, on my final exam I would take an Internet company and ask, 'How much is this company worth?' Anyone who would answer, I would flunk.
Warren Buffett
It's just that I landed up in a terrific capitalist system. One that pays people who allocate capital extraordinarily well. Intrinsically, I'm not worth as much as somebody who invents something that could improves people's life, or health or whatever.
Warren Buffett
The fact that people will be full of greed, fear, or folly is predictable. The sequence is not predictable.
Warren Buffett
Market price, while used exclusively to value our investments in minority positions, is not a relevant factor when applied to our controlling interests.
Warren Buffett
Investors should remember that excitement and expenses are their enemies.
Warren Buffett
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.
Warren Buffett
My idea of a group decision is to look in the mirror.
Warren Buffett
The capital gains tax is 15 percent now. So I sit there in my office and I make a lot of money by capital gains, and I pay 15 percent, and I pay no payroll tax on it.
Warren Buffett
The best investment you can make is in yourself.
Warren Buffett
Never give up searching for the job that you're passionate about.
Warren Buffett
