Shares are not mere pieces of paper. They represent part ownership of a business. So, when contemplating an investment, think like a prospective owner.
Warren BuffettSo if you are evaluating others (or yourself!) in the investment field, think out some standards - apply them - interpret them.
Warren BuffettCredit worthiness is like virginity, it can be preserved but not restored very easily, so it is crazy to play around with it.
Warren BuffettThe rich are always going to say that, you know, just give us more money and we'll go out and spend more and then it will all trickle down to the rest of you. But that has not worked the last 10 years, and I hope the American public is catching on.
Warren BuffettI think that both parties should declare the debt limit as a political weapon of mass destruction which can't be used. I mean, it is silly to have a country that has 237 years building up its reputation and then have people threaten to tear it down because they're not getting some other matter.
Warren Buffett