Buffett’s genius was largely a genius of character—of patience, discipline, and rationality.
Implementing the so-called 'Buffett Rule' would restore some badly needed fairness to our tax system.
Price is what you pay, but value, as Warren Buffett has observed, is what you get.
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."
When Warren Buffett says the sun shines out of somebody's backside, it's worth paying attention.
I don't think Warren Buffett should be the treasurer or whatever. Warren Buffett's nuts! Just because he's a freaking billionaire doesn't mean he has common sense.
From Warren Buffett to Jamie Dimon to Paul Tudor Jones, no one has cracked the code and put a critical mass of top women in the C-Suite or near it.
Nobody has a bigger cult than Warren Buffett.
The pure administration of Graham-and-Doddery really needs a long-term lock-up like Warren Buffett has, or it will have occasional quite dreadful client problems.
Warren Buffett's company reportedly owes the IRS a billion dollars in back taxes. When he said he wasn't paying enough taxes, he wasn't kidding.
When Warren Buffett invests in a company, he is conferring upon that company something very unique: his credibility.
I'm so tired of talking about Warren Buffett.
Warren Buffett pays taxes on a smaller percentage of his billions in income than his cleaning lady.
Buffett found it 'extraordinary' that academics studied such things. They studied what was measurable, rather than what was meaningful. 'As a friend [Charlie Munger] said, to a man with a hammer, everything looks like a nail.
We could walk 3 minutes and be on the beach. I think the music kind of suffered because of it. It kind of smelled like Jimmy Buffett, which is a bad thing.
I admire people like Warren Buffett that are donating so much money to charity.
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.
Humanity is filled with beautiful and positive and powerful people who care. I'm so glad we have people like Bill Gates and Warren Buffett in the world.
We both (Charlie Munger and Warren Buffett) insist on a lot of time being available almost every day to just sit and think. That is very uncommon in American business. We read and think.
You can't be no philanthropist, no Warren Buffett, unless you make something first.
Good for Warren Buffett that he can afford to do that! Some people, sometimes, need to finance a purchase or rent a car, and a credit card becomes a necessity.
As Graham, Dodd and Buffett have all said, you should always remember that you don't have to swing at every pitch. You can wait for opportunities that fit your criteria and if you don't find them, patiently wait. Deciding not to panic is still a decision.
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.
I think the foundation at Berkshire [Buffett's stake in Berkshirewill pass to the Buffett Foundation upon his death] will be a plus because there will be a continuation of the culture. We'd still take in fine businesses run by people who love them.
If you took every single penny that Warren Buffett has, it'd pay for 4-1/2 days of the US government. This tax-the-rich won't work. The problem here is the government is way bigger than even the capacity of the rich to sustain it. The Buffett Rule would raise $3.2 billion a year, and take 514 years just to pay off Obama's 2011 budget deficit.
Buffett gave significant portions of his wealth to the Bill and Melinda Gates Foundation. Buffett made money for 50 years before he donated.
All capitalists should be like Warren Buffett, and he says he should be taxed more.
I've been associated with Warren ( Buffett) so long, I thought I'd be just a footnote.
We like to say we pray in the church of Graham, Dodd, Buffett, and Munger.
Generous people can become more generous as they become richer, giving away vast fortunes to worthwhile causes as Bill Gates and Warren Buffett are doing.
Our partnership with the American Warren Buffett, from my perspective, is aimed at creating more jobs.
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.
Investing in innovation, which was my broad theme talking to [Warren Buffett ], that included health vaccines, it included energy and education.
The bottom line is this: Cash, in modest increments, has a role in any portfolio. But unless you are Warren Buffett, you should limit it to 2 or 3 percent.
Actually, I bought one share of Warren Buffett's stock, probably 35 years ago, in order to read his letters.
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.
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.
As Buffett has often observed, value investing is not a concept that can be learned and gradually applied over time. It is either absorbed and adopted at once, or it is never truly learned.
I've never met him, but I love the simplicity with which Warren Buffett describes good and bad businesses and how he makes his investment decisions.
Warren Buffett is fond of saying that any player unaware of the fool in the market probably is the fool in the market.
I love whenever they downgrade a hurricane to a tropical depression, because I always think of a tropical depression as how I feel three songs into a Jimmy Buffett concert.
People like, George Soros, Bill Gates, Warren Buffett, Paul Krugman, Joe Stiglitz, Jeffrey Sax, Dean Baker, Robert Poland, Larry Summers have said they all support a transaction tax.
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.
Whatever happened to Warren Buffett, the world's their-richest man? Guilt, a feeling of being blessed by luck, forgotten lessons - who knows? In any case, Buffett now believe that government should redistribute the wealth earned by others to those who did not earn it.
I want to have a tax on people who are making a million dollars. It's called the Buffett rule. Yes, Warren Buffett is the one who's gone out and said somebody like him should not be paying a lower tax rate than his secretary. I want to have a surcharge on incomes above $5 million.
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.'
When asked how he became so successful in investing, Buffett answered: 'we read hundreds and hundreds of annual reports every year.
Buffett does enjoy being a billionaire, but in offbeat ways. As he put it, though money cannot change your health or how many people love you, it lets you be in 'more interesting environments.
the lesson of Buffett was: To succeed in a spectacular fashion you had to be spectacularly unusual.
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.
With Kickstarter, people are patrons of the arts. With Mosaic, people can be clean-energy investors like Warren Buffett.
Trying to pick individual stocks is a trap. I can't do it. Warren Buffett can, but hardly anyone else can beat the indexes over a long period of time.
The whole market mechanism and its evolution is something that, I'm kind of of the Buffett School. You know, if I see a derivative, I run the other way.
I love reading Warren Buffett's letters, and I love contrasting his words with his actions. He's a very wise guy.
President Obama likes to talk about the Buffett Rule. Well, here's a Buffett Rule that all Americans should be able to support: mom and pop businesses should not pay a higher tax rate than Fortune 500 corporations like Warren Buffett's.
I once stumped Jimmy Buffett by calling him a saint.
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.
I think any statement about stock prices is always suspect unless it's made by Warren Buffett.
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.
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