Resolution Trust Company was set up to liquidate a bunch of assets that the government had inherited because the savings and loans went broke.
Warren BuffettNever do anything in life if you would be ashamed of seeing it printed on the front page of your hometown newspaper for your friends and family to see.
Warren BuffettMoney to some extent sometimes let you be in more interesting environments. But it can't change how many people love you or how healthy you are.
Warren BuffettI like to go for cinches. I like to shoot fish in a barrel. But I like to do it after the water has run out.
Warren BuffettGold is a way of going long on fear, and it has been a pretty good way of going long on fear from time to time. But you really have to hope people become more afraid in a year or two years than they are now. And if they become more afraid you make money, if they become less afraid you lose money, but the gold itself doesnโt produce anything.
Warren Buffett