A Quote by Warren Buffett
That's the reality of what they're going to sell them to the Treasury for.
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Confidence is key. You're not going to leave your money with me unless you're confident I'm going to give it back to you. And at this point, when treasury bills, seven day treasury bills at 1/20th of one percent, it's not because people want to earn 1/20th of one percent, it's because they trust the fact the treasury will give it back to them next week.
That would be nice if [people] stuck [treasury bills] all under a mattress, but they got to buy something with them. Sometimes they buy a treasury note, sometimes they set up sovereign wealth funds. They can do all kinds of things. They can buy our companies here. As long as we consume more than we produce, and we trade away little pieces of the country daily, they're going to own something. Now, they can't run from American assets. I mean every day the rest of the world is going to have about two billion more of American assets than we have, as long as they sell us these goods.
Virtual reality is a tough sell for a software developer. They have to convince investors that not only are they going to build a good game, which is what they normally have to do, they have to convince them that it's going to be a good game and that virtual reality will be successful.
At this point, when treasury bills, seven day treasury bills at 1/20th of one percent, it's not because people want to earn 1/20th of one percent, it's because they trust the fact the treasury will give it back to them next week.
Anybody who comes along and wants to sell a wrestling show, guess who you are not gonna sell it to? You are not going to sell it to FOX and any of its affiliates, and,oh, by the way, you are not going to sell it to NBC Universal or any of its affiliates.
I want to pass on my secrets to people who are going to say, 'I have realised that I love baking, and now I'm going to make my bread and sell it at the local farmers' market,' or who might say, 'I am going to use the local Post Office in our village to sell my cakes.' I want to give them that little bit of fire.
I've heard that Oasis or Coldplay will sell tickets, but they can't sell records. They sold out Madison Square Garden in three hours. And they can't sell albums. I don't know what's going on.
What is it but a cunningly devised scheme to take from one State and to give to another - to replenish the treasury of some of the States from the pockets of the people of the others; in reality, to make them support the governments and pay the debts of other States as well as their own?
If you're going to sell stock and somebody wants to buy it at a price and that price is not a price you dictate, but demand dictates, sell it to them now.
If I'm going to sell out, I'm going to sell out all the way, so a bid by the studio would be if you're going to go through the pain of trying to make a film, it's gotta be worth it.
If India is an emerging economy with millions of new consumers, sell them the Volvo. Sell them the Cielo car. Sell them whatever you can, hamburgers and KFCs. It?s the middle classes who have moved into being able to own a car, a refrigerator. For them there is this mantra that the General Electric refrigerator is better than some other model, that the Cielo car is fancier than the Ambassador.
A surgeon wouldn't sell his tools. A lawyer doesn't sell his law books. I'm not going to sell my horse. I'm a sportsman.
I don't want to sell credit to people who are going to hurt themselves with it. You should only sell products that are good for the people who use them. Some disagree with this, but I know I'm right. That is to say, you're talking to a Republican who admires Elizabeth Warren.
If you make a gun, you are either going to sell it or you are going to use it. And if you're going to sell it, someone else is going to use it.
The time will come, and probably during 2009, that the only way the U.S. will be able to fund its deficits is to create money by printing it. The Treasury will have to sell bonds, and, in the absence of foreign buyers, the Fed will have to print the money to buy them. The consequence will be runaway inflation, increasing interest rates, recession, and inevitable tax increases on all Americans.
We have to sell conservatism to non-conservatives. We have to take our principles and apply them to problems and go sell them to people. We need to show that we have better ideas.
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