I don't think you can have a better secretary of the Treasury than Hank Paulson. Warren Buffett More Quotes by Warren Buffett More Quotes From Warren Buffett Take the probability of loss times the amount of possible loss from the probability of gain times the amount of possible gain. That is what we're trying to do. It's imperfect, but that's what it's all about. Warren Buffett gainslosstrying A great investment opportunity occurs when a marvelous business encounters a one-time huge, but solvable problem. Warren Buffett investingencountersopportunity I don't need 15 houses. Owning real estate doesn't mean much to me. I don't like to think about things like that. I don't need 12 boats, or even the world's largest boat with a crew of 80. I'd have to take care of them, to worry about them. I get a lot more fun out of life without all the bells and whistles. Warren Buffett realfunmean There is no staff. I make all the investment decisions and I do all my own analysis. Warren Buffett investmentanalysisdecision Much success can be attributed to inactivity. Most investors cannot resist the temptation to constantly buy and sell. Warren Buffett buffetsinvestingtemptation You can't buy what is popular and do well. Warren Buffett buffetsinvestmentfinancial The investor of today does not profit from yesterday's growth. Warren Buffett investing-moneywarpast Asset-heavy businesses generally earn low rates of return - rates that often barely provide enough capital to fund the inflationary needs of the existing business, with nothing left over for real growth, for distribution to owners, or for acquisition of new businesses Warren Buffett returngrowthreal The trick is, when there is nothing to do, do nothing. Warren Buffett tricksgenerositylife If knowing history made you rich, librarians would be billionaires. Warren Buffett richknowingwould-be Basically, the single-most important decision in evaluating a business is pricing power. Warren Buffett important-decisionsimportantdecision Forecasts may tell you a great deal about the forecaster; they tell you nothing about the future. Warren Buffett investingdealsmay 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 here-and-therelittlestrying I know what I want to do and it makes sense to get going. Warren Buffett make-senseknowswant The purpose of life is to be loved by as many people as possible among those you want to have love you Warren Buffett purposelove-youpeople John Maynard Keynes essentially said, don't try and figure out what the market is doing. Figure out a business you understand, and concentrate. Warren Buffett keynesfigurestrying The best investment you can make is in yourself. Warren Buffett investment-successentrepreneurinspirational You can't produce a baby in one month by getting nine women pregnant. Warren Buffett investing-moneysmartbaby We would do best in a market where everyone acted foolishly. Warren Buffett investing Mark Zuckerberg will be a hero to many young entrepreneurs 20 years from now. Bill Gates will be a hero to others, and they will look to those [people] like I read books when I was in my teens about Rockefeller or Carnegie. Warren Buffett young-entrepreneursherobook
