I make plenty of mistakes and I'll make plenty more mistakes, too. That's part of the game. You've just got to make sure that the right things overcome the wrong ones.
Warren BuffettThereโs class warfare, all right, but itโs my class, the rich class, thatโs making war, and weโre winning.
Warren BuffettWhen people talk about cash being king, it's not king if it just sits there and never does anything.
Warren BuffettIt makes no difference to a widow with her savings in a 5 percent passbook account whether she pays 100 percent income tax on her interest income during a period of zero inflation or pays no income tax during years of 5 percent inflation. Either way, she is 'taxed' in a manner that leaves her no real income whatsoever. Any money she spends comes right out of capital. She would find outrageous a 100 percent income tax but doesn't seem to notice that 5 percent inflation is the economic equivalent.
Warren Buffett