Warren Buffett Quotes


Gold has two significant shortcomings, being neither of much use nor procreative.


Citations

Buffett, Warren. "Chairman's Letter - 2011." Berkshire Hathaway Inc., 25 Feb. 2012.

Related Quotes

The discovery started a white frenzy to prospect the Black Hills. The trouble was that the 1868 Treaty of Fort Laramie had guaranteed the Black Hills to the Lakota Sioux. The Army tried to keep the white gold seekers out, but it was too difficult and there was not great public support for honoring the treaty. So the army decided to buy the Black Hills from the Indians and open it to legal prospecting. But the Sioux refused to sell not wanting to trade their sacred land for money and having no interest in gold. So the whites broke the treaty and took the gold anyway. This led to the hostilities and the greatest Indian victory wiping out Custer and his men at the Battle of the Little Big Horn.


Warren Buffett
Warren Buffett
  • Born: August 30, 1930
  • Nationality: American
  • Profession: Businessman, Investor, Philanthropist

Warren Edward Buffett is an American investor, business tycoon, philanthropist, and the chairman and CEO of Berkshire Hathaway. He is considered one of the most successful investors in the world and has a net worth of over US$100.6 billion as of April 2021, making him the world's seventh-wealthiest person.