“Rule No.1: Never lose money. Rule No.2: Never forget rule No.1.”
Money
“If past history was all there was to the game, the richest people would be librarians.”
HistoryAll Quotes by Warren Buffett
“When a management with a reputation for brilliance tackles a business with a reputation for bad economics, it is the reputation of the business that remains intact.”
Business“Your premium brand had better be delivering something special, or it's not going to get the business.”
Business“We always live in an uncertain world. What is certain is that the United States will go forward over time.”
Time“The smarter the journalists are, the better off society is. For to a degree, people read the press to inform themselves - and the better the teacher, the better the student body.”
Society“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.”
Money“Economic medicine that was previously meted out by the cupful has recently been dispensed by the barrel. These once unthinkable dosages will almost certainly bring on unwelcome after-effects. Their precise nature is anyone's guess, though one likely consequence is an onslaught of inflation.”
Nature“I buy expensive suits. They just look cheap on me.”
Funny“Americans are in a cycle of fear which leads to people not wanting to spend and not wanting to make investments, and that leads to more fear. We'll break out of it. It takes time.”
Fear“Time is the friend of the wonderful company, the enemy of the mediocre.”
Time“Risk is a part of God's game, alike for men and nations.”
God“If past history was all there was to the game, the richest people would be librarians.”
History“Someone's sitting in the shade today because someone planted a tree a long time ago.”
Inspirational“Our favorite holding period is forever.”
Business“If a business does well, the stock eventually follows.”
Business“We've used up a lot of bullets. And we talk about stimulus. But the truth is, we're running a federal deficit that's 9 percent of GDP. That is stimulative as all get out. It's more stimulative than any policy we've followed since World War II.”
Truth“In the business world, the rearview mirror is always clearer than the windshield.”
Business“The rich are always going to say that, you know, just give us more money and we'll go out and spend more and then it will all trickle down to the rest of you. But that has not worked the last 10 years, and I hope the American public is catching on.”
Hope“The only time to buy these is on a day with no 'y' in it.”
Time“The business schools reward difficult complex behavior more than simple behavior, but simple behavior is more effective.”
Business