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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
Wealth
Stand
America
More quotes by Warren Buffett
The wise man once said invest young
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A very rich person should leave his kids enough to do anything, but not enough to do nothing.
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I mean the truth is, I've never had it so good in terms of taxes. I am paying the lowest tax rate that I've ever paid in my life.
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Over the years, Charlie [Munger, Berkshire Hathaway Vice Chairman] and I have observed many accounting-based frauds of staggering size. Few of the perpetrators have been punished many have not even been censured. It has been far safer to steal large sums with pen than small sums with a gun.
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I measure success by how many people love me. And the best way to be loved is to be lo veable.
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Success is having people love you that you want to have love you.
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It's easy to identify many investment managers with great recent records. But past results, though important, do not suffice when prospective performance is being judged. How the record has been achieved is crucial.
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Wall Street makes its money on activity. You make your money on inactivity.
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I like to go for cinches. I like to shoot fish in a barrel. But I like to do it after the water has run out.
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I'm not worried they're all about the investments we make. I mean, listen, this country - we've got $46,000 or $47,000 of GDP per capita. Now, we've done pretty darn well. We'll do better in the future.
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Be fearful when the markets get greedy, be greedy when the markets get fearful.
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The greatest investment a young person can make is in their own education, in their own mind. Because money comes and goes. Relationships come and go. But what you learn once stays with you forever.
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We've got more productive capacity now than we ever have.
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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.
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You are neither right nor wrong because the crowd disagrees with you.
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It's much easier to stay out of trouble now than to get out of trouble later.
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There are all kinds of businesses that Charlie and I don't understand, but that doesn't cause us to stay up at night. It just means we go on to the next one, and that's what the individual investor should do.
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They say the chains of habit are too light to be felt until they are too heavy to be broken. The chains you put around yourself now have enormous consequences as you go through life.
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I view derivatives as time bombs, both for the parties that deal in them and the economic system.
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I can't promise results, but I can promise a common destiny.
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