"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."
"He who joyfully marches to music in rank and file has already earned my contempt. He has been given a large brain by mistake, since for him the spinal cord would suffice."Warren Buffett on Albert Einstein
"One of the greatest casualties of the war in Vietnam is the Great Society... shot down on the battlefield of Vietnam."Warren Buffett on Martin Luther King, Jr.
"The release of atomic energy has not created a new problem. It has merely made more urgent the necessity of solving an existing one."Warren Buffett on Albert Einstein
"Every gun that is made, every warship launched, every rocket fired, signifies in the final sense a theft from those who hunger and are not fed, those who are cold and are not clothed."Warren Buffett on Dwight D. Eisenhower
"We shall defend our island, whatever the cost may be, we shall fight on the beaches, we shall fight on the landing grounds, we shall fight in the fields and in the streets, we shall fight in the hills we shall never surrender."Warren Buffett on Winston Churchill
"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."