Quotessence
Home / Quotes / Quote by Warren Buffett

Quote by Warren Buffett

Author

Warren Buffett
Warren Buffett

Warren Buffett, born on August 30, 1930, is a renowned investor. Known as the 'Oracle of Omaha,' he is the chairman and CEO of Berkshire Hathaway, a diversified holding company involved in insurance, railroads, energy, finance, and more. Buffett's investment philosophy emphasizes value investing, and he is known for his long-term investment and stable investment strategies. more

You May Also Like

“If some institution wants to sell you a billion dollars worth of mortgages, they might have to sell 100 million in the market, and then you'll buy the other 900 million on the same terms. Now, the very fact that this has been authorized or will be authorized, I hope, will firm up the market to some degree. And that's fine. But you don't want to have artificial prices being paid.”

IfsWantHas BeensFactsMightTermMillionsFineDegreesPaidInstitutionsSellsDollarsBillionsFirmArtificialMortgage
Author:Warren Buffett
Create image

“This country is going - be living better ten years from now than it is now. It will be living better in 20 years from now than ten years from now. 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 standard of living in the 20th century.”

KnowsWorldYearsMeanMadeCountryCenturyTenStandardsMiracleSevenAverageImprovementIngredients20th CenturyStandards Of LivingLiving Better
Author:Warren Buffett
Create image

“I mean, they were getting the mortgage of some guy in Omaha, you know, securitized a couple of times. I mean he had all these - they had all these types from Wall Street, you know, and they had advanced degrees, and they look very alert, and they came with these - they came with these things that said gamma and alpha and sigma and all that. And all I can say is beware of geeks, you know, bearing formulas. They've heard that in Europe.”

KnowsLooksMeanSaidI CanGuyHeardStreetsWallTypeCoupleDegreesEuropeFormulasGeekMortgageAlphasOmaha
Author:Warren Buffett
Create image