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Quote by Warren Buffett

“When we went crazy, and we did go crazy on residential real estate, it set things in motion that just - the dominoes started toppling.”

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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

“I think that they hoped the private sector would come in. And the private sector tried to come in until they saw the size of the problem. I mean, from were people on that weekend that thought they'd had a solution. And then the hole kept getting bigger and bigger. And all of a sudden became apparent that 20 billion wouldn't do it and 30 billion wouldn't do it and 40 billion wouldn't do it. So it got beyond anybody's ability to certainly to do it in a short period of time.”

People Thinking Mean Problem Ability Saws Periods Solutions Bigger Size Billions Holes Weekend Private Sector

Author:Warren Buffett

“If I were the treasury secretary or head of the Fed, you know, I would try to scare the hell the out of the private sector and say, you better save this because you're going down with the ship.”

Ifs Knows Trying Hell Ships Feds Scare Secretary Private Sector Treasury

Author:Warren Buffett

“I think what people understand there probably - well, they were hoping the private sector would do it [rescuing AIG ].”

People Thinking Wells Private Sector

Author:Warren Buffett

“I know the country works extremely well. You know, but when it isn't clogged up.”

Knows Wells Country

Author:Warren Buffett

Quote by Warren Buffett

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