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  • It makes no difference to a widow with her savings in a 5 percent passbook account whether she pays 100 percent income tax on her interest income during a period of zero inflation or pays no income tax during years of 5 percent inflation. Either way, she is 'taxed' in a manner that leaves her no real income whatsoever. Any money she spends comes right out of capital. She would find outrageous a 100 percent income tax but doesn't seem to notice that 5 percent inflation is the economic equivalent.
    • 4 years ago



    Tags : Warren Buffett Quotes , Zero Quotes , Real Quotes
  • I have zero desire, just so you know, to be in the limelight. I don't think it's good for the country to have a former president criticize his successor. You're not going to see me giving my opinions in the public arena, until I start selling my book. I'm going to emerge then submerge.
    • 4 years ago



    Tags : George W. Bush Quotes , Country Quotes , Zero Quotes
  • I bought a company in the mid-90s called Dexter Shoe and paid $400 million for it. And it went to zero. And I gave about $400 million worth of Berkshire stock, which is probably now worth $400 billion. But I've made lots of dumb decisions. That's part of the game.
    • 4 years ago



    Tags : Warren Buffett Quotes , Zero Quotes , Games Quotes