"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."
"A nation that is afraid to let its people judge the truth and falsehood in an open market is a nation that is afraid of its people."Warren Buffett on John F. Kennedy
"Pick the day. Enjoy it - to the hilt. The day as it comes. People as they come... The past, I think, has helped me appreciate the present - and I don't want to spoil any of it by fretting about the future."Warren Buffett on Audrey Hepburn
"I love the man that can smile in trouble, that can gather strength from distress, and grow brave by reflection. 'Tis the business of little minds to shrink, but he whose heart is firm, and whose conscience approves his conduct, will pursue his principles unto death."Warren Buffett on Thomas Paine
"We fear violence less than our own feelings. Personal, private, solitary pain is more terrifying than what anyone else can inflict."Warren Buffett on Jim Morrison
"What is needed, rather than running away or controlling or suppressing or any other resistance, is understanding fear that means, watch it, learn about it, come directly into contact with it. We are to learn about fear, not how to escape from it."Warren Buffett on Jiddu Krishnamurti
"Our favorite holding period is forever."
"In the business world, the rearview mirror is always clearer than the windshield."
"The business schools reward difficult complex behavior more than simple behavior, but simple behavior is more effective."
"Your premium brand had better be delivering something special, or it's not going to get the business."
"When a management with a reputation for brilliance tackles a business with a reputation for bad economics, it is the reputation of the business that remains intact."
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