Rule No.1: Never lose money. Rule No.2: Never forget rule No.1.
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
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
Warren, isn't it fair to say that if we did have an opinion, we wouldn't tell him
Warren Buffett
Today people who hold cash equivalents feel comfortable. They shouldn't. They have opted for a terrible long-term asset, one that pays virtually nothing and is certain to depreciate in value.
Warren Buffett
It's only when the tide goes out that you learn who has been swimming naked.
Warren Buffett
The policies that we're following are likely to lead to a weaker dollar over a long period of years. It's not a forecast for next week, or next month or even next year.
Warren Buffett
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You end up as you deserve. In old age you must put up with the face, the friends, the health, and the children you have earned.
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Friends applaud, the comedy is over.
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