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  • Warren Buffett Quotes   959
  • I mean there is no capital requirements to it or anything of the sort. And basically, I said there were possibly financial weapons of mass destruction, and they had them. They destroyed AIG. They certainly contributed to the destruction of Bear Sterns and Lehman. Although Lehman had other problems, too.
  • 5 years ago



    Tags : Warren Buffett Quotes , Mean Quotes , Mass Destruction Quotes
  • As I have mentioned before, we cannot make the same sort of money out of permanent ownership of controlled businesses that can be made from buying and reselling such businesses, or from skilled investment in marketable securities. Nevertheless, they offer a pleasant long term form of activity (when conducted in conjunction with high grade, able people) at satisfactory rates of return.
  • 5 years ago



    Tags : Warren Buffett Quotes , Long Quotes , People Quotes
  • 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.
  • 5 years ago



    Tags : Warren Buffett Quotes , Gun Quotes , Years Quotes