Capitalism is not a perfect system. It may be better than all the other systems, but it's not a perfect system.
As long as you have markets, you'll have excesses. People went crazy with tulip bulbs. They went crazy with the South Sea Bubble, they went crazy int… - Howard Warren Buffett
As long as you have markets, you'll have excesses. People went crazy with tulip bulbs. They went crazy with the South Sea Bubble, they went crazy int…
- Howard Warren Buffett
The commercial paper market, when that dries up, you know, that's just like sucking the blood out of the economic body of the United States. - Howard Warren Buffett
The commercial paper market, when that dries up, you know, that's just like sucking the blood out of the economic body of the United States.
I mean people -- people don't get -- they don't get smarter about things that get as basic as greed and you can't stand to see your neighbor getting … - Howard Warren Buffett
I mean people -- people don't get -- they don't get smarter about things that get as basic as greed and you can't stand to see your neighbor getting …
Resolution Trust Company was set up to liquidate a bunch of assets that the government had inherited because the savings and loans went broke. So the… - Howard Warren Buffett
Resolution Trust Company was set up to liquidate a bunch of assets that the government had inherited because the savings and loans went broke. So the…
The U.S. Treasury has got borrowing costs like nobody else has. They can borrow basically unlimited amounts. They can stay there for years and years.… - Howard Warren Buffett
The U.S. Treasury has got borrowing costs like nobody else has. They can borrow basically unlimited amounts. They can stay there for years and years.…
The ingredients that made this country, you know, the miracle of the world - I mean we had a seven for one improvement in the average American standa… - Howard Warren Buffett
The ingredients that made this country, you know, the miracle of the world - I mean we had a seven for one improvement in the average American standa…
Soil is a living ecosystem and is a farmer's most precious asset. A farmer's productive capacity is directly related to the health of his or her soil. - Howard Warren Buffett
Soil is a living ecosystem and is a farmer's most precious asset. A farmer's productive capacity is directly related to the health of his or her soil.
You want to be greedy when others are fearful. - Howard Warren Buffett
You want to be greedy when others are fearful.
Somebody's buying these treasury bills at 1/20th of one percent. I mean we consuming about $2 billion a day of goods and services beyond what we're p… - Howard Warren Buffett
Somebody's buying these treasury bills at 1/20th of one percent. I mean we consuming about $2 billion a day of goods and services beyond what we're p…
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