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Quote by Howard Warren Buffett

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Howard Warren Buffett
Howard Warren Buffett

Howard Warren Buffett, born October 14, 1983, is an American entrepreneur, investor, and philanthropist. Raised in a family of investors, he gained extensive experience in capital markets and has become a prominent advocate for sustainable and socially responsible investing. He has led several green finance initiatives and supported numerous charitable projects worldwide. more

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“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 savings and loans went broke, the government stepped in, paid off depositors, and now they're left with this mass of assets to sell. We're not talking about selling here, we're talking about buying intelligently. They were selling what they got handed to them by a bunch of savings and loan operators that had in many cases had done some very dumb thing. But their job was to liquidate it. And they liquidated.”

DoneGovernmentJobsLeftCompanyTalkingCasesMassPaidSellsBunchSellingSavingBrokeDumbBuyingResolutionAssetsLoanSavingsNot TalkingOperatorsPaid OffDumb Things
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“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 internet stocks, they went crazy with the uranium stocks back when I was first getting started. I mean, you know, you're not going to change the human animal. And the human animal really doesn't get a lot smarter.”

PeopleKnowsFirstsHumansMeanLongAnimalSeaCrazyInternetSouthExcessBubblesSmarterBack WhenBulbsHuman AnimalUraniumGetting Started
Author:Howard Warren Buffett
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