“Somebody's buying these treasury bills at 1/20th of one percent. I mean we consuming about $2 billion a day of goods and services beyond what we're producing.As long as we consume more than we produce, and we trade away little pieces of the country daily, they're going to own something. Now, they can't run from American assets. I mean every day the rest of the world is going to have about two billion more of American assets than we have, as long as they sell us these goods.” WorldMeanLittlesLongTwoCountryRunningPiecesProducePercentTradeBillsSellsBillionsBuyingGoodsAssetsConsumingTreasuryGoods And ServicesTreasury Bill Author:Howard Warren Buffett
“Somebody's buying these treasury bills at 1/20th of one percent. I mean we consuming about $2 billion a day of goods and services beyond what we're producing.And it reflects American's consumption ideas rather than its savings ideas.” MeanIdeasPercentBillsBillionsSavingBuyingGoodsConsumptionSavingsConsumingTreasuryGoods And ServicesTreasury Bill Author:Howard Warren Buffett
“Still, I figure we shouldn't' discourage fans of actively managed funds. With all their buying and selling, active investors ensure the market is reasonably efficient. That makes it possible for the rest of us to do the sensible thing, which is to index. Want to join me in this parasitic behavior? To build a well-diversified portfolio, you might stash 70 percent of your stock portfolio into a Wilshire 5000-index fund and the remaining 30 percent in an international-index fund.” WantWellsStillsMightFansFiguresBehaviorPercentInvestingInternationalActiveSellingBuyingFundInvestorsSensibleEfficientDiscouragingPortfoliosBuying And SellingIndex Funds Author:Paul Samuelson
“Feeling prosperous means paying your utility bills on time and with a smile on your face. Prosperity means not only giving to the homeless person, but having a smile on your face when you do it. Prosperity also means buying fresh produce with a smile on your face instead of buying day-old bread or bargain overripe fruit with a scowl on your face. Still more, being prosperous means tipping generously with a smile on your face when the waiter has given you great service instead of trying to stiff him with a mere percent, or worse, no tip at all.” GivingTryingMeanPersonsStillsFeelingsFacesGivenProducePercentBillsMereFruitProsperityBreadBuyingYour FaceHomelessProsperousUtilityBargainsWaiterTippingGreat ServiceSmile On Your Face Author:Ernie J Zelinski
“The idea that when people see prices falling they will stop buying those cheaper goods or cheaper food does not make much sense. And aiming for 2 percent inflation every year means that after a decade prices are more than 25 percent higher and the price level doubles every generation. That is not price stability, yet they call it price stability. I just do not understand central banks wanting a little inflation.” PeopleYearsMeanLittlesDoeIdeasFallLevelsGenerationsHigherPercentDecadesBuyingGoodsStabilityInflationCheaperCentral BanksPrice Stability Author:Paul Volcker
“Most shows, buying shows, have a standard fee for the first shot of the writer and if you have a very militant agent, I suppose he might jack it up four percent or something. But in essence, you sell for what is the going rate.” IfsFirstsShowsMightFourStandardsPercentShotsEssenceSellsRateAgentsBuyingFeesMilitant Author:Rod Serling
“You have hedge funds and people like that buying these assets to yield 15 or 20 percent, I mean, that's the buyer for these people that are trying to unload them.” PeopleTryingMeanPercentBuyingFundYieldAssetsBuyersHedge Fund Author:Warren Buffett
“Somebody's buying these treasury bills at 1/20th of one percent. Consuming about $2 billion a day of goods and services beyond what we're producing. In other words, the rest of the world sends about $2 billion a day net of something.We got to send them something in return, don't we. So we send them little pieces of paper.” WorldLittlesPiecesReturnPaperPercentBillsBillionsBuyingGoodsConsumingTreasuryGoods And ServicesTreasury Bill Author:Warren Buffett