Sunday, July 17, 2011

Quotes by Warren Buffett

Warren Buffett

- A public-opinion poll is no substitute for thought.

- Beware of geeks bearing formulas.

- 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. 

- It takes 20 years to build a reputation and five minutes to ruin it. If you think about that, you'll do things differently. 

- Someone's sitting in the shade today because someone planted a tree a long time ago. 

- The rich are always going to say that, you know, just give us more money and we'll go out and spend more and then it will all trickle down to the rest of you. But that has not worked the last 10 years, and I hope the American public is catching on. 

- 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. 

- Why not invest your assets in the companies you really like? As Mae West said, "Too much of a good thing can be wonderful". 

- Only when the tide goes out do you discover who's been swimming naked. 

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

- Price is what you pay. Value is what you get. 

- Risk comes from not knowing what you're doing. 

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