Warren Buffett Quotes

It's strictly business. If I loan you $25 million, I want my money back. I don't want to hear about the social impact. That's great for you, but now I'm $25 million in the hole, so next time you come to ask me.

In principle, junk bonds are basically useful, but they are used excessively and irrationally, notably in takeovers.

It used to be that you would go in to see a CEO, and you would ask them, 'Is your company for sale?' and if they said 'No, we have no interest in selling,' that was sort of the end of the conversation.

Murdoch paid too much for the Wall Street Journal even when he didn't have any competition.

Joint-stock companies are yet in their infancy, and incorporated capital, instead of being a thing which can be overturned, is a thing which is becoming more and more indispensable.

You don't get a chance to buy a company like NBCUniversal unless it's not doing well.

As I became a venture capitalist, it's almost like I went to the dark side for a while.

When you are buying companies, everyone in the company feels very good. Their chests are puffed out. At Blackstone, I used to tell people that there is nothing more fun than buying a company with somebody else's money. The business is growing, which creates more opportunity for your employees.

Big banks have long had private equity divisions that put up capital for deals too complex or risky for individual shareholders to finance.

Anytime you take someone's money, that puts enormous pressure. But I think if you want the most reward, you have to take the most risk.

I mean, you don't get a chance to buy a company like Gateway, you know, at or near book value very often.

There I was - 20 years old, living in Ireland, and I'd never heard the word 'venture capitalist.' But I'd said that I wanted a job that involved a lot of negotiation, a lot of yelling at people on the phone, and for it to be high-risk, high-reward.

I wake up every day, and the family fortune is on the line, and that's a good thing.

Lee Daniels, even though he owes me $2 million, I picked that. I put him in business.

When there's millions of dollars at stake, everybody is going to look for an advantage.

A buyback is itself a special kind of acquisition, made at prices that are typically a bargain compared with those a company must pay for an outside purchase.

If someone hands you a million dollars, best you become a millionaire, or you won't get to keep the money.

You are spending millions and millions of dollars of other peoples money when you make a movie. You have to at least approach it in a way where you can see how you can make that money back for the people who are investing.

No exclusive,” I said aloud, watching Al for his opinion and seeing him shake his head and hold his hands out in a “bigger” gesture. He didn’t even know how large the offer was, and he thought I could get one bigger.

I'm just grateful my dad never got a contract with Donald Trump, because I don't know what we would have done.

Whose gold is double with a careful hand, His cares are double.

I had been through, of course, the divorce and I had been hit with some taxes that really showed me to be careful who's working with you and your money, and you have to be the one that is responsible for your money - you can't trust anyone and I did and I ran into a problem.

If a guy pays you five dollars, you give him seven dollars worth of work.

Goldman Sachs saying they might be interested in such an investment. I'm familiar with the company. I've known the management, the current management, Jack Welch before Jeff Immelt. I've known him for decades.

Wall Street, with its army of brokers, analysts, and advisers funneling trillions of dollars into mutual funds, hedge funds, and private equity funds, is an elaborate fraud.