Quotes about Warren Buffett by Mark Skousen, Guy Spier, Mohnish Pabrai, Shiv Nadar, Bethany McLean, Chamath Palihapitiya and many others.
Who uses funds more productively – private citizens or the government? I dare say that Warren Buffett can use his surplus funds more effectively in private business and creating jobs than the government can.
Bill Gates and Warren Buffett have their ‘Giving Pledge,’ where billionaires promise to give away the majority of their wealth when they die. My Social Security Pledge is better – to give money to good causes when you are alive. Besides, more Americans can participate.
Take any person, put them in the wrong environment, and they can get off to some pretty bad things. Warren Buffett has said that he would not like to get into debt because he doesn’t want to discover what behavior he’s capable of.
Before starting my own investment funds, the only models I was aware of were those of Warren Buffett and Charlie Munger. Their models made a lot of sense to me, so I cloned them.
From time to time, you have seminal personalities who really change the way the world sees itself – people like Gandhi, Martin Luther King, Nelson Mandela. Warren Buffett is that kind of person in the business world.
At what age did Warren Buffett come into philanthropy? At 76. He gave a very good reason. He said his wife was considerably younger than him. And all Americans believe they would live till 80, and they do live till 80. He told his wife that when he is gone, she should take care of whatever they need to do.
When Warren Buffett invests in a company, he is conferring upon that company something very unique: his credibility.
Much like Warren Buffett has said very famously – he doesn’t buy technology stocks because he doesn’t understand them- I will not buy consumer goods companies because I do not understand them.
As a parent and a citizen, I’ll take a Bill Gates (or Warren Buffett) over Steve Jobs every time. If we must have billionaires, better they should ignore Jobs’s example and instead embrace the morality and wisdom of the great industrialist-philanthropist Andrew Carnegie.
Nebraska was home to indigenous peoples for centuries. It became a state in 1867, and has produced an important literary figure, Willa Cather, as well as an investor said to be the world’s second richest man, Warren Buffett.
If you look at anyone who has achieved great success and wealth, people like Warren Buffett, Oprah Winfrey, or Lance Armstrong, they have all focused intensely in order to win.
One has to divide Warren Buffet into different periods. There is a continuously evolving style of Warren Buffett.
Warren Buffett is famous for talking about the ‘intrinsic value’ of stocks. But while many people parrot this phrase, few know what it really means.
It doesn’t take Warren Buffett to realize that when companies don’t know what new rules will look like, it affects their ability to commit capital and create new jobs.
It’s really a question of fairness and what kind of country we’re going to live in. There are 22,000 people making over $1 million. They’re paying an effective tax rate in the teens. As Warren Buffett said, he pays less in taxes effectively than his secretary does. That’s not right.
Bill Gates recently picked up the ukulele. And Warren Buffett is a huge ukulele fan. I even got to strum a few chords with Francis Ford Coppola. It blows my mind that these people, who have everything in the world they could want, have picked up the ukulele and found a little bit of joy.
Warren Buffett pays taxes on a smaller percentage of his billions in income than his cleaning lady.
I’m so tired of talking about Warren Buffett.
I think any statement about stock prices is always suspect unless it’s made by Warren Buffett.
I’m going to reveal the grand secret to getting rich by investing. It’s a simple formula that has worked for Warren Buffett, Carl Icahn and all the greatest investment gurus over the years. Ready? Buy low, sell high.
If Warren Buffett made his money from ordinary income rather than capital gains, his tax rate would be a lot higher than his secretary’s. In fact a very small percentage of people in this country pay a big chunk of the taxes.
The person who I admire most in business is Warren Buffett. He is a long-term investor and has brilliant ideas, and he sticks to them.
If Warren Buffett could change his mind about investing in airlines, Mohnish Pabrai could change his mind about investing in autos. Pabrai, who has modeled his investment career and fee structure after Buffett’s original partnership, counts General Motors, Fiat Chrysler, and Ferrari in his highly concentrated portfolio.
There are many people who think we should have zero tax on capital gains, interest and dividends for everybody, as – the very, very wealthy. But recognize that means that Bill Gates and Warren Buffett would pay no income tax at all. And some people say, ‘Well, that’s a good thing for growth of the economy.’
I admire people like Warren Buffett that are donating so much money to charity.
When Warren Buffett says the sun shines out of somebody’s backside, it’s worth paying attention.
Like my friend Warren Buffett, I feel particularly lucky to do something every day that I love to do. He calls it ‘tap-dancing to work.’
Over the time that I followed Warren Buffett, one CFO told me, it’s very important to pay attention not only to what Warren Buffett says and what he actually does – often there are subtle differences between the two.
At one point, I recognized that Warren Buffett, though he had every advantage in learning from Ben Graham, did not copy Ben Graham but, rather, set out on his own path and ran money his way, by his own rules… I also immediately internalized the idea that no school could teach someone how to be a great investor.