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If you own the only newspaper in town, up until the last five years or so, you have pricing power and you didn't have to go to the office.
Warren Buffett
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Warren Buffett
Age: 94
Born: 1930
Born: August 30
Entrepreneur
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Investor
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Omaha
Nebraska
Warren Edward Buffett
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More quotes by Warren Buffett
I could end the deficit in 5 minutes. You just pass a law that says that anytime there is a deficit of more than 3% of GDP all sitting members of congress are ineligible for reelection.
Warren Buffett
All there is to investing is picking good stocks at good times and staying with them as long as they remain good companies.
Warren Buffett
The rich invest in time, the poor invest in money.
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When it's raining gold, reach for a bucket, not a thimble.
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That's the reality of what they're going to sell them to the Treasury for.
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We only want to link up with people whom we like, admire, and trust. ... We do not wish to join with managers who lack admirable qualities, no matter how attractive the prospects of their business. We've never succeeded in making a good deal with a bad person.
Warren Buffett
[Gold] gets dug out of the ground in Africa, or someplace. Then we melt it down, dig another hole, bury it again and pay people to stand around guarding it. It has no utility. Anyone watching from Mars would be scratching their head.
Warren Buffett
You're neither right nor wrong because other people agree with you. You're right because your facts are right and your reasoning is right - that's the only thing that makes you right. And if your facts and reasoning are right, you don't have to worry about anybody else.
Warren Buffett
Investing is laying out money now to get more money back in the future.
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If AIG had tried to unwind their derivatives books. I don't know. It would have hit every institution in the world.
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Someone is sitting in the shade today because someone planted a tree a long time ago.
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This economy doesn't work well without the lubrication of credit and trust.
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There's no use running if you're on the wrong road.
Warren Buffett
I don't want to be on the other side of the table from the customer. I was never selling anything that I didn't believe in myself or use myself.
Warren Buffett
The key to life is to figure out who to be the batboy for.
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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.
Warren Buffett
I think the most important factor in getting out of the recession actually is just the regenerative capacity of - of American capitalism.
Warren Buffett
We intend to continue our practice of working only with people whom we like and admire. This policy not only maximizes our chances for good results, it also ensures us an extraordinarily good time.
Warren Buffett
Always invest for the long term.
Warren Buffett
I do know that when I am 60, I should be attempting to achieve different personal goals than those which had priority at age 20.
Warren Buffett