Posts Tagged ‘warren buffett’

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Warren Buffett: Keep on Buying America

Posted by admin on Tuesday, July 4, 2017

Warren Buffett Money Quote saying investing in the stock market should not be done with short term intentions, but rather over the long haul for wealth accumulation. Warren Buffett said:

They shouldn’t listen to a lot of jabbering about what the market’s going to do tomorrow or next week or next month, because nobody knows. They should just keep buying and buying and buying a little bit of America as they go along. And 30 or 40 years from now, they will have a lot of money
— Warren Buffett

Warren Buffett: Five Minutes Deficit

Posted by admin on Sunday, June 11, 2017

Warren Buffett Money Quote saying if you make congress responsible for keeping their jobs by keeping the deficit in check, they would certainly be up to that task. Warren Buffett said:

I could end the deficit in five minutes. You just pass a law that says that anytime there is a deficit of more than 3% of GDP all sitting members of Congress are ineligible for reelection
— Warren Buffett

Warren Buffett: Devastating Inflation Tax

Posted by admin on Tuesday, April 11, 2017

Warren Buffett Money Quote saying simple math tells us that inflation is the most destructive tax – by making money disappear. Warren Buffett said:

Arithmetic makes it plain that inflation is a far more devastating tax than anything that has been enacted by our legislature. The inflation tax has a fantastic ability to simply consume capital
— Warren Buffett

Warren Buffett: Spend 1%, Give 99%

Posted by admin on Thursday, February 16, 2017

Warren Buffett Money Quote saying keeping money you don’t need is of no value, so give it to those who get something from it. Warren Buffett said:

In my entire lifetime everything that I spend will be quite a bit less than 1% of everything I make. The other 99%-plus will go to others because it has no utility to me, so it’s silly for me to not transfer that utility to people who can use it. It’s doing me no good
— Warren Buffett

Warren Buffett: Market Rewards Patience

Posted by admin on Thursday, January 26, 2017

Warren Buffett Money Quote saying stock trading is set up to bring profit to those willing to take the long view, above those risking short-term gains in overly active trades. Warren Buffett said:

The stock market is designed to transfer money from the active to the patient
— Warren Buffett

Warren Buffett: Buy Things Not Needed

Posted by admin on Monday, November 21, 2016

Warren Buffett Money Quote saying it seems when you have money that we should be able to spend for things we want, but empties accounts all too soon. Warren Buffett said:

If you buy things you do not need, soon you will have to sell things you need
— Warren Buffett

Warren Buffett: No Utility But to Show Off

Posted by admin on Tuesday, November 8, 2016

Warren Buffett Money Quote saying being wealthy has fewer and fewer benefits, and after a certain point it confers only bragging rights. Warren Buffett said:

There comes a point where money really has no real utility, You can use it to show off, but you can’t do much else with it
— Warren Buffet

Warren Buffett: Wells Fargo Customer Base

Posted by admin on Friday, September 30, 2016

Warren Buffett Money Quote saying the Wells Fargo customer base was growing steadily – however growth was due to fraud – making it much harder for Wells Fargo to make money on new customer growth. Warren Buffett said:

Wells Fargo … you can’t take away Wells’ customer base. It grows quarter by quarter. And what you make money off of is customers. And you make money on customers by having a helluva spread on assets and not doing anything really dumb. And that’s what they do.
— Warren Buffett

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