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
Derivatives are financial weapons of mass destruction.
I buy expensive suits. They just look cheap on me.
Rule No.1: Never lose money. Rule No.2: Never forget rule No.1.
I never attempt to make money on the stock market. I buy on the assumption that they could close the market the next day and not reopen it for five years.
Of the billionaires I have known, money just brings out the basic traits in them. If they were jerks before they had money, they are simply jerks with a billion dollars.
