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If you're extremely rich, and you have got children, my theory was, you give them enough so they can do anything, but not enough so they can do nothing.
Warren Buffett
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Warren Buffett
Age: 94
Born: 1930
Born: August 30
Entrepreneur
Financier
Investor
Shareholder
Omaha
Nebraska
Warren Edward Buffett
Children
Extremely
Theory
Rich
Give
Anything
Nothing
Enough
Giving
More quotes by Warren Buffett
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Well, it may be all right in practice, but it will never work in theory
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We've long felt that the only value of stock forecasters is to make fortune tellers look good. Even now, Charlie and I continue to believe that short-term market forecasts are poison and should be kept locked up in a safe place, away from children and also from grown-ups who behave in the market like children.
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A stock doesn't know that you own it.
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The same things happen to quite an extent around the globe. I mean, the European banks were doing what the American banks were.
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When people talk about cash being king, it's not king if it just sits there and never does anything.
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If this is a war, my side has the nuclear bomb. We have K Street. We have Wall Street. Debbie doesn't have anybody. I want a government that is responsive to the people who got the short straw in life.
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A single year's performance is of minor importance and, good or bad, should never be taken seriously.
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