If past history was all there was to the game, the richest people would be librarians.
More Quotes from Warren Buffett:
Wall Street is the only place that people ride to in a Rolls Royce to get advice from those who take the subway.Warren Buffett
Right now, the rest of the world owns 3 trillion US more of us than we own of them.
Warren Buffett
I just think that - when a country needs more income and we do, we're only taking in 15 percent of GDP, I mean, that - that - when a country needs more income, they should get it from the people that have it.
Warren Buffett
In the 20th century, the United States endured two world wars and other traumatic and expensive military conflicts; the Depression; a dozen or so recessions and financial panics; oil shocks; a flu epidemic; and the resignation of a disgraced president. Yet the Dow rose from 66 to 11,497.
Warren Buffett
It takes 20 years to build a reputation and five minutes to ruin it. If you think about that, you'll do things differently.
Warren Buffett
Only when the tide goes out do you discover who's been swimming naked.
Warren Buffett
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