When you combine ignorance and leverage, you get some pretty interesting results.
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 rich invest in time, the poor invest in money.
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.
We're still in a recession. We're not gonna be out of it for a while, but we will get out.
We simply attempt to be fearful when others are greedy and to be greedy only when others are fearful.
We enjoy the process far more than the proceeds.
We believe that according the name 'investors' to institutions that trade actively is like calling someone who repeatedly engages in one-night stands a 'romantic.'
We always live in an uncertain world. What is certain is that the United States will go forward over time.
Wall Street is the only place that people ride to in a Rolls Royce to get advice from those who take the subway.
Value is what you get.
Ultimately, there's one investment that supersedes all others: Invest in yourself.
Trust is like the air we breathe – when it's present, nobody really notices; when it's absent, everybody notices.
Today people who hold cash equivalents feel comfortable. They shouldn't. They have opted for a terrible long-term asset, one that pays virtually nothing and is certain to depreciate in value.
Time is the friend of the wonderful company, the enemy of the mediocre.
Theres class warfare, all right, but its my class, the rich class, thats making war, and were winning.
There seems to be some perverse human characteristic that likes to make easy things difficult.
There are 309 million people out there that are trying to improve their lot in life. And we've got a system that allows them to do it.