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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

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One’s objective should be to get it right, get it quick, get it out and get it over. Your problem won’t improve with age.
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The real fortunes in this country have been made by people who have been right about the business they invested in, and not right about the timing of the stock market.
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There’s class warfare, all right, but it’s my class, the rich class, that’s making war, and we’re winning.
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When people tell me they've learned from experience, I tell them the trick is to learn from other people's experience.
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In looking for people to hire, look for three qualities: integrity, intelligence and energy. And if they don't have the first, the other two will kill you.
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There is no perfect mathematical formula for pricing a business.
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The best business returns are usually achieved by companies that are doing something quite similar today to what they were doing five or ten years ago.
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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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An investor should ordinarily hold a small piece of an outstanding business with the same tenacity that an owner would exhibit if he owned all of that business.
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If you knew what was going to happen in the economy, you still wouldn't necessarily know what was going to happen in the stock market.
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Derivatives are financial weapons of mass destruction.
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Traditional wisdom is long on tradition and short on wisdom.
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I am a huge bull on this country. We will not have a double-dip recession at all. I see our businesses coming back almost across the board.
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Investing in yourself is the best thing you can do. If you've got talents, no one can take them from you.
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Of one thing be certain: if a CEO is enthused about a particularly foolish acquisition, both his internal staff and his outside advisors will come up with whatever projections are needed to justify his stance. Only in fairy tales are emperors told that they are naked.
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We have long felt that the only value of stock forecasters is to make fortune-tellers look good.
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Derivatives are like sex. It's not who we're sleeping with, it's who they're sleeping with that's the problem.
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The most dangerous distractions are the ones you love, but that don’t love you back.
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You could be somewhere where the mail was delayed three weeks and do just fine investing.
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If you do smart things and use leverage and do one wrong thing along the way, it could wipe you out, because anything times zero is zero. But it's reinforcing when the people around you are doing it successfully, you're doing it successfully, and it's a lot like Cinderella at the ball.
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