Home / Quotes / Quote by Howard Warren Buffett

Quote by 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 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.”

Quote by Howard Warren Buffett

Author

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

You May Also Like

“Capitalism is not a perfect system. It may be better than all the other systems, but it's not a perfect system.”

May Perfect Capitalism

Author: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 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.”

People Knows Firsts Humans Mean Long Animal Sea Crazy Internet South Excess Bubbles Smarter Back When Bulbs Human Animal Uranium Getting Started

Author:Howard Warren Buffett

“History is a set of skills rather than a narrative.”

Skills Narrative

Author:Hilary Mantel

“Life is made up of a series of judgments on insufficient data, and if we waited to run down all our doubts, it would flow past us.”

Ifs Made Running Past Life Is Doubt Judgment Flow Entrepreneur Series Data Insufficient

Book:The Spirit of Liberty: Papers and Addresses

Source: The Spirit of Liberty: Papers and Addresses

“People love leverage when it's working. I mean, it's so easy to borrow money from a guy at X and put it out at X.”

People Mean Guy Easy

Author:Howard Warren Buffett

“If the monarchy were removed tomorrow, it wouldn't have a huge effect on the national mind-set. The monarchy is mildly interesting and largely harmless. I can't find I can get very heated about it. In the next couple of generations, it is bound to go. There is so much else in the world that is more interesting.”

Ifs World Mind I Can Next Interesting Generations Effects Huge Couple Tomorrow Bounds Monarchy Mind Set

Author:Hilary Mantel

“You get in a lot of trouble when you start putting fictitious numbers on value. I think to just say, we're going to say a dollar of cash is worth $2 all of a sudden, it isn't worth $2. It's worth a dollar today. And I think once you start putting phony figures into financial statements, you get in a lot of trouble.”

Thinking Today Values Numbers Trouble Figures Dollars Financial Statements Cash Phony Financial Statements

Author:Howard Warren Buffett

“I want our pie to grow all the people, but if some other guy's pie is growing a little faster, that's terrific.”

People Ifs Want Littles Guy Grows Growing Faster Pie Terrific Other Guys

Author:Howard Warren Buffett

“It will be good for us in the long run, and I mean there are six and a half billion people in this world. And it's great for 300 million to keep enjoying more and more property, but I think it's terrific if the remainder do. And I think if they can learn something from us in terms of our system, and I think they have, they are learning more about how to unleash the potential of their citizenry to turn out more goods and services that their citizens want or that we want, I think that's terrific.”

“When I began to read as an adult, I read almost exclusively novelists of a generation back. I did the Russians, then I started getting more up to date. When you become published and become a reviewer, piles of books come along and you are pushed by fashion and what you are commissioned to do.”

Book Generations Fashion Adults Novelists Reviewers Up To Date

Author:Hilary Mantel