A Quote by Warren Buffett
Cash never makes us happy, but it's better to have the money burning a hole in Berkshire's pocket than resting comfortably in someone else's.
Related Quotes
Let us never forget this fundamental truth: the State has no source of money other than money which people earn themselves. If the State wishes to spend more it can do so only by borrowing your savings or by taxing you more. It is no good thinking that someone else will pay - that 'someone else' is you. There is no such thing as public money; there is only taxpayers' money.
For me, money is to use - it's only to use. So I never have money because I always spend. That's why in a way I protect myself in having houses. But if I had just cash or kept it in the bank, I'd spend it immediately. But not for stupid things. So I don't like to have money. I never have money in my pocket.
One of the things that surprised me the most is how often we assume that because something's fun for someone else, it makes somebody else happy, it will make us happy.
I miss her. I don't know how to live without her. There is a hole inside me that nothing fills. If you don't find something to fill that hole, someone else will. And if someone else fills it, they own you. Forever. You'll never get yourself back.
The idea of money being something physical is almost entirely a fiction. Sure, you can go to your ATM and pull out cash. And you can feel cash in your back pocket and have some tangible comfort there - but in reality, the majority of your money is a number on a screen.
The only way that I can do better than someone else, maybe they're better at something else, but they'll never beat me at work.
What do you call it when someone steals someone else's money secretly? Theft. What do you call it when someone takes someone else's money openly by force? Robbery. What do you call it when a politician takes someone else's money in taxes and gives it to someone who is more likely to vote for him? Social Justice.
It's not considered polite in Russia to count the money in someone else's pocket.
Money has to be an explosion of excitement and opportunity, yet we already secretly know that it doesn't do what it promises. Nothing has ever given us as much pleasure as our pocket money when we were 12, or our first wage at the end of that first exhausting week, paid in folded cash.
I remember, when we first got married, the only money we had was what was in Chip's pocket. He always had a wad of cash, but we were broke. If I needed to go grocery shopping, it's whatever was in his pocket. That's how we paid the bills.
When there's something or someone, when there's anything that makes you happy, you don't let a continent or an ocean or an empty pocket keep you apart
We've demonstrated a strong track record of being very disciplined with the use of our cash. We don't let it burn a hole in our pocket, we don't allow it to motivate us to do stupid acquisitions. And so I think that we'd like to continue to keep our powder dry, because we do feel that there are one or more strategic opportunities in the future.
it is better to be happy alone than to be miserable with someone else
I have pledged - to you, the rating agencies and myself - to always run Berkshire with more than ample cash. We never want to count on the kindness of strangers in order to meet tomorrow's obligations. When forced to choose, I will not trade even a night's sleep for the chance of extra profits.
I have more respect for amateur wrestlers, especially collegiate ones, than anyone else. It's a gutsy sport with no real payoff except for knowing that you were better than someone else. It doesn't have big crowds, it doesn't have big money, but it is fun going one on one.
The most obvious difference between a cash game and a tournament is that in tournament play, once your chips are gone, so are you. In a cash game, you can always dig into your pocket for more money.
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