The collection / 55 fragments

The living archive

Passages, proverbs, and questions carried across the ages.

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01c. 1951 AD

Americans are in a cycle of fear which leads to people not wanting to spend and not wanting to make investments, and that leads to more fear. We'll break out of it. It takes time.

Warren Buffett / quote

02c. 1951 AD

Derivatives are financial weapons of mass destruction.

Warren Buffett / quote

03c. 1951 AD

I buy expensive suits. They just look cheap on me.

Warren Buffett / quote

04c. 1951 AD

Rule No.1: Never lose money. Rule No.2: Never forget rule No.1.

Warren Buffett / quote

05c. 1951 AD

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 / quote

06c. 1951 AD

Of the billionaires I have known, money just brings out the basic traits in them. If they were jerks before they had money, they are simply jerks with a billion dollars.

Warren Buffett / quote

07c. 1951 AD

We believe that according the name 'investors' to institutions that trade actively is like calling someone who repeatedly engages in one-night stands a 'romantic.'

Warren Buffett / quote