It takes 20 years to build a reputation and five minutes to ruin it. If you think about that, youll do things differently. – Warren Buffett
Weve used up a lot of bullets. And we talk about stimulus. But the truth is, were running a federal deficit thats 9 percent of GDP. That is stimulative as all get out. Its more stimulative than any policy weve followed since World War II. – Warren Buffett
Economic medicine that was previously meted out by the cupful has recently been dispensed by the barrel. These once unthinkable dosages will almost certainly bring on unwelcome after-effects. Their precise nature is anyones guess, though one likely consequence is an onslaught of inflation. – Warren Buffett
I never attempt to make money on the stock market. I buy on the assumption that they could close the market the next day and not reopen it for five years. – Warren Buffett