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" You only have to do a very few things right in your life so long as you don't do too many things wrong. "
Warren Buffett
Life
Wrong
Things
Related Quotes:
" 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
Only
People
Think
" The investor of today does not profit from yesterday's growth. "
Warren Buffett
Profit
Yesterday
Growth
" I bought a company in the mid-'90s called Dexter Shoe and paid $400 million for it. And it went to zero. And I gave about $400 million worth of Berkshire stock, which is probably now worth $400 billion. But I've made lots of dumb decisions. That's part of the game. "
Warren Buffett
Decisions
Company
Game
" The first rule is not to lose. The second rule is not to forget the first rule. "
Warren Buffett
Lose
Forget
First
" If past history was all there was to the game, the richest people would be librarians. "
Warren Buffett
History
Game
People
" I think the most important factor in getting out of the recession actually is just the regenerative capacity of - of American capitalism. "
Warren Buffett
Capitalism
Think
Important
" 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
Wanting
More
Fear
" We've used up a lot of bullets. And we talk about stimulus. But the truth is, we're running a federal deficit that's 9 percent of GDP. That is stimulative as all get out. It's more stimulative than any policy we've followed since World War II. "
Warren Buffett
Truth
More
World
" 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
Rose
World
Oil
" Basically, when you get to my age, you'll really measure your success in life by how many of the people you want to have love you actually do love you. "
Warren Buffett
People
Success
Age
" It's far better to buy a wonderful company at a fair price than a fair company at a wonderful price. "
Warren Buffett
Wonderful
Price
Fair
" 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
People
Better
End
" I am a huge bull on this country. We will not have a double-dip recession at all. I see our businesses coming back almost across the board. "
Warren Buffett
Country
Bull
Will
" 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
Street
Place
People
" Rule No.1: Never lose money. Rule No.2: Never forget rule No.1. "
Warren Buffett
Forget
Money
Lose
" Time is the friend of the wonderful company, the enemy of the mediocre. "
Warren Buffett
Time
Company
Enemy
" Beware of geeks bearing formulas. "
Warren Buffett
Formulas
Beware
Bearing
" We simply attempt to be fearful when others are greedy and to be greedy only when others are fearful. "
Warren Buffett
Only
Fear
Greedy
" I am quite serious when I say that I do not believe there are, on the whole earth besides, so many intensified bores as in these United States. No man can form an adequate idea of the real meaning of the word, without coming here. "
Warren Buffett
Man
Believe
Earth
" Risk comes from not knowing what you're doing. "
Warren Buffett
You
Risk
Not Knowing
" In the business world, the rearview mirror is always clearer than the windshield. "
Warren Buffett
Than
World
Always
" There are 309 million people out there that are trying to improve their lot in life. And we've got a system that allows them to do it. "
Warren Buffett
Improve
People
System
" Should you find yourself in a chronically leaking boat, energy devoted to changing vessels is likely to be more productive than energy devoted to patching leaks. "
Warren Buffett
Yourself
Energy
Boat
" Only buy something that you'd be perfectly happy to hold if the market shut down for 10 years. "
Warren Buffett
You
Only
Hold
" Let blockheads read what blockheads wrote. "
Warren Buffett
Wrote
Read
" It's never paid to bet against America. We come through things, but its not always a smooth ride. "
Warren Buffett
Ride
Through
Never
" Your premium brand had better be delivering something special, or it's not going to get the business. "
Warren Buffett
Brand
Business
Going
" When you combine ignorance and leverage, you get some pretty interesting results. "
Warren Buffett
Interesting
Ignorance
Results
" Economic medicine that was previously meted out by the cupful has recently been dispensed by the barrel. These once unthinkable dosages will almost certainly bring on unwelcome after-effects. Their precise nature is anyone's guess, though one likely consequence is an onslaught of inflation. "
Warren Buffett
Inflation
Bring
Will
" The business schools reward difficult complex behavior more than simple behavior, but simple behavior is more effective. "
Warren Buffett
Business
Behavior
Reward