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America should stand for more than just wealth.
Warren Buffett
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Warren Buffett
Age: 94
Born: 1930
Born: August 30
Entrepreneur
Financier
Investor
Shareholder
Omaha
Nebraska
Warren Edward Buffett
Stand
America
Wealth
More quotes by Warren Buffett
I learned to go into business only with people whom I like, trust, and admire.
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I make plenty of mistakes and I'll make plenty more mistakes, too. That's part of the game. You've just got to make sure that the right things overcome the wrong ones.
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The greater the potential for reward in the value portfolio, the less risk there is.
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Don't invest in pieces of papers (stocks), invest in great businesses underlying them
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It's the deleveraging that's going on right now that has caused the credit crisis.
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At this point, when treasury bills, seven day treasury bills at 1/20th of one percent, it's not because people want to earn 1/20th of one percent, it's because they trust the fact the treasury will give it back to them next week.
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We like to buy businesses, but we don't like to sell them.
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It is better to point out your own mistakes than have somebody else do it.
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... the best way to own common stocks is through an index fund.
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The [stock] market,like the Lord, helps those who help themselves. But, unlike the Lord, the market does not forgive those who know not what they do.
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If knowing history made you rich, librarians would be billionaires.
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I never attempt to make money on the stock market. I buy on the assumption that they could close the market the next day and not reopen it for five years.
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I never buy anything unless I can fill out on a piece of paper my reasons. I may be wrong, but I would know the answer to that ...I'm paying $32 billion today for the Coca Cola Company because... If you can't answer that question, you shouldn't buy it. If you can answer that question, and you do it a few times, you'll make a lot of money.
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Larger sums may be an advantage at some cases and a disadvantage at others.
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Very successful people say no to almost everything.
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I think that both parties should declare the debt limit as a political weapon of mass destruction which can't be used. I mean, it is silly to have a country that has 237 years building up its reputation and then have people threaten to tear it down because they're not getting some other matter.
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Nothing sedates rationality like large doses of effortless money.
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I certainly have no desire to sell a good controlled business run by people I like and admire, merely to obtain a fancy price. However, specific conditions may cause the sale of one operating unit at some point.
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You get in a lot of trouble when you start putting fictitious numbers.
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Money will always flow toward opportunity, and there is an abundance of that in America.
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