Despite the lack of precedent, a negative coupon security seemed possible in the present interest rate environment ... I asked Goldman Sachs to create such an instrument and they responded promptly with the innovative security being announced today.
More Quotes from Warren Buffett:
If anything, taxes for the lower and middle class and maybe even the upper middle class should even probably be cut further. But I think that people at the high end - people like myself - should be paying a lot more in taxes. We have it better than we've ever had it.Warren Buffett
Americans are in a cycle of fear which leads to people not wanting to spend and not wanting to make investments, and that leads to more fear. We'll break out of it. It takes time.
Warren Buffett
We always live in an uncertain world. What is certain is that the United States will go forward over time.
Warren Buffett
The investor of today does not profit from yesterday's growth.
Warren Buffett
An educational approach to money and investing struck me as a very good idea. People do form behavior habits very young on matters of money. I get calls every day from people who are in a financial hole.
Warren Buffett
Readers Who Like This Quotation Also Like:
Based on Topics: Present QuotesBased on Keywords: coupon
Love is the cheapest of religions.
Cesare Pavese
The finer the bait, the shorter the wait!
Frank Gorshin
But also, it's a wonderful thing for children to see the birthing of puppies, to see nature at its best when it works and to have the experience of the puppies.
Erika Slezak