Warren Buffett

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.

Warren Buffett

Businesses always have opportunities to improve service, product lines, manufacturing techniques, and the like, and obviously these opportunities should be seized. But a business that constantly encounters major change also encounters many chances for major error

Warren Buffett

Buy a business, don’t rent stocks.

Warren Buffett

Buy a cross section of American industry, and if a cross section of American industry doesn’t work, certainly trying to pick the little beauties here and there isn’t going to work either.

Warren Buffett

Can you imagine any public company embracing a business model that would lead to the decline in revenue that we experienced from 1986 through 1999?

Warren Buffett

Confidence is key. You’re not going to put your money – you’re not going to leave your money with me unless you’re confident I’m going to give it back to you.

Warren Buffett

Credit worthiness is like virginity, it can be preserved but not restored very easily, so it is crazy to play around with it.

Warren Buffett

Derivatives are financial weapons of mass destruction.

Warren Buffett

Derivatives are like sex. It’s not who we’re sleeping with, it’s who they’re sleeping with that’s the problem.

Warren Buffett

Diversification is a protection against ignorance. It makes very little sense for those who know what they’re doing.

Warren Buffett