Zitat des Tages von Warren Buffett:
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.
The first rule is not to lose. The second rule is not to forget the first rule.
Value is what you get.
I think the most important factor in getting out of the recession actually is just the regenerative capacity of - of American capitalism.
Someone is sitting in the shade today because someone planted a tree a long time ago.
If a business does well, the stock eventually follows.
Wide diversification is only required when investors do not understand what they are doing.
Rule No.1: Never lose money. Rule No.2: Never forget rule No.1.
It's better to hang out with people better than you. Pick out associates whose behavior is better than yours and you'll drift in that direction.
In the business world, the rearview mirror is always clearer than the windshield.
We always live in an uncertain world. What is certain is that the United States will go forward over time.
I am quite serious when I say that I do not believe there are, on the whole earth besides, so many intensified bores as in these United States. No man can form an adequate idea of the real meaning of the word, without coming here.
Chains of habit are too light to be felt until they are too heavy to be broken.
Wall Street is the only place that people ride to in a Rolls Royce to get advice from those who take the subway.
Of the billionaires I have known, money just brings out the basic traits in them. If they were jerks before they had money, they are simply jerks with a billion dollars.
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.
The only way to get love is to be lovable. It's very irritating if you have a lot of money. You'd like to think you could write a check: 'I'll buy a million dollars' worth of love.' But it doesn't work that way. The more you give love away, the more you get.
Risk is a part of God's game, alike for men and nations.
Risk comes from not knowing what you're doing.
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.
A public-opinion poll is no substitute for thought.
It's far better to buy a wonderful company at a fair price than a fair company at a wonderful price.
Our favorite holding period is forever.
You know, people talk about this being an uncertain time. You know, all time is uncertain. I mean, it was uncertain back in - in 2007, we just didn't know it was uncertain. It was - uncertain on September 10th, 2001. It was uncertain on October 18th, 1987, you just didn't know it.
Time is the friend of the wonderful company, the enemy of the mediocre.
Why not invest your assets in the companies you really like? As Mae West said, 'Too much of a good thing can be wonderful'.
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.
In the 20th century, the United States endured two world wars and other traumatic and expensive military conflicts; the Depression; a dozen or so recessions and financial panics; oil shocks; a flu epidemic; and the resignation of a disgraced president. Yet the Dow rose from 66 to 11,497.
I always knew I was going to be rich. I don't think I ever doubted it for a minute.
When you combine ignorance and leverage, you get some pretty interesting results.
The investor of today does not profit from yesterday's growth.
Only buy something that you'd be perfectly happy to hold if the market shut down for 10 years.
Price is what you pay. Value is what you get.
We're still in a recession. We're not gonna be out of it for a while, but we will get out.
If anything, taxes for the lower and middle class and maybe even the upper middle class should even probably be cut further. But I think that people at the high end - people like myself - should be paying a lot more in taxes. We have it better than we've ever had it.
I buy expensive suits. They just look cheap on me.