We're still in a recession. We're not gonna be out of it for a while, but we will get out.
More Quotes from 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
Warren, isn't it fair to say that if we did have an opinion, we wouldn't tell him
Warren Buffett
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.
Warren Buffett
You need an outstanding manager - you can define that in many ways... but you are looking for the best player out there. We are looking for the best player in this kind of business in the world.
Warren Buffett
It's better to hang out with people better than you. Pick out associates whose behavior is better than yours and you'll drift in that direction.
Warren Buffett
Beware of geeks bearing formulas.
Warren Buffett
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Voltaire
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Neve Campbell