Warren Buffett Quotes, Book Quotes, World Quotes

If AIG had tried to unwind their derivatives books. I don't know. It would have hit every institution in the world.

5 years ago

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Tags : Warren Buffett Quotes , Book Quotes , World Quotes

We don't get paid for activity, just for being right. As to how long we'll wait, we'll wait indefinitely.

5 years ago

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Tags : Warren Buffett Quotes , Long Quotes , Waiting Quotes

My friends and I have been coddled long enough by a billionaire-friendly Congress.

5 years ago

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Tags : Warren Buffett Quotes , Long Quotes , Important Quotes

The rich invest in time, the poor invest in money.

5 years ago

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Tags : Warren Buffett Quotes , Business Quotes , Words Of Wisdom Quotes

If knowing history made you rich, librarians would be billionaires.

5 years ago

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Tags : Warren Buffett Quotes , Knowing Quotes , Would Be Quotes

I think once you start putting phony figures into financial statements, you get in a lot of trouble. And we've seen so much of that in the last 20 years.

5 years ago

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Tags : Warren Buffett Quotes , Thinking Quotes , Years Quotes

You only have to do a very few things right in your life so long as you don't do too many things wrong.

5 years ago

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Tags : Warren Buffett Quotes , Life Quotes , Motivational Quotes

The less prudence with which others conduct their affairs, the greater the prudence with which we should conduct our own affairs.

5 years ago

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Tags : Warren Buffett Quotes , Insightful Quotes , Investing Quotes

If the world couldn't see your results, would you rather be thought of as the world's greatest investor but in reality have the world's worst record? Or be thought of as the world's worst investor when you were actually the best?

5 years ago

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Tags : Warren Buffett Quotes , Reality Quotes , Records Quotes

It's the deleveraging that's going on right now that has caused the credit crisis.

5 years ago

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Tags : Warren Buffett Quotes , Credit Quotes , Crisis Quotes

We want to use cash. The reason we haven't used our cash two years ago, we just didn't find things that were that attractive. But when people talk about cash being king, it's not king if it just sits there and never does anything. There are times when cash buys more than other times, and this is one of the other times when it buys a fair amount more, so we use it.

5 years ago

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Tags : Warren Buffett Quotes , Kings Quotes , Years Quotes

Diversification is a protection against ignorance. It makes very little sense for those who know what they're doing.

5 years ago

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Tags : Warren Buffett Quotes , Ignorance Quotes , Littles Quotes

I checked the actuarial tables, and the lowest death rate is among six-year-olds. So I decided to eat like a six-year-old.

5 years ago

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Tags : Warren Buffett Quotes , Years Quotes , Tables Quotes

Never depend on a single source of income.

5 years ago

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Tags : Warren Buffett Quotes , Income Quotes , Source Quotes

People always should know better. People don't get - they don't get smarter about things that get as basic as greed.

5 years ago

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Tags : Warren Buffett Quotes , People Quotes , Greed Quotes

I would push purchasing power - you push out $1,000 of purchasing to those people, it's going to get - it's going to get spent. And it needs to be spent. They need it. And it should come, to some extent, from guys like me.

5 years ago

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Tags : Warren Buffett Quotes , People Quotes , Guy Quotes

The great personal fortunes in the country weren't built on a portfolio of fifty companies. They were built by someone who identified one wonderful business. With each investment you make, you should have the courage and the conviction to place at least 10% of your net worth in that stock.

5 years ago

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Tags : Warren Buffett Quotes , Country Quotes , Should Have Quotes

Derivatives are financial weapons of mass destruction.

5 years ago

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Tags : Warren Buffett Quotes , Mass Destruction Quotes , Investing Quotes

With housing it's something even more dramatic than that, because most people aspire to own their own home.If you really think that houses prices are going to go up next year and the year after, you feel if I don't buy it this year, I'm going to have to buy it next year.That's not true of an Internet stock. But it's true of a home.

5 years ago

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Tags : Warren Buffett Quotes , Home Quotes , Thinking Quotes

I always invest in companies an idiot could run, because one day one will.

5 years ago

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Tags : Warren Buffett Quotes , Running Quotes , One Day Quotes