---
title: "14 Cash Quotes By Warren Buffett"
description: "14 Cash quotes by Warren Buffett. Plus more from Warren Buffett and more Cash sayings from other authors."
image: "https://sms4smile.com/quotes/i/325/warren-buffett-183_bills_when-bills-come-due-only-cash-is-legal-t_2772651.png"
---

> [When bills come due, only cash is legal tender. Don't leave home without it.](https://sms4smile.com/quotes/warren-buffett/when-bills-come-due-only-cash-is-legal-tender-don-t-leave-home/)

[Warren Buffett](https://sms4smile.com/quotes/author/warren-buffett/)

[Image](https://sms4smile.com/quotes/i/325/warren-buffett-183_bills_when-bills-come-due-only-cash-is-legal-t_2772651.png)

> [When people talk about cash being king, it's not king if it just sits there and never does anything.](https://sms4smile.com/quotes/warren-buffett/when-people-talk-about-cash-being-king-it-s-not-king-if-it-just-sits/)

[Warren Buffett](https://sms4smile.com/quotes/author/warren-buffett/)

[Image](https://sms4smile.com/quotes/i/ef6/warren-buffett-183_cash_when-people-talk-about-cash-being-king-i_487987.png)

> [Cash combined with courage in a time of crisis is priceless.](https://sms4smile.com/quotes/warren-buffett/cash-combined-with-courage-in-a-time-of-crisis-is-priceless/)

[Warren Buffett](https://sms4smile.com/quotes/author/warren-buffett/)

[Image](https://sms4smile.com/quotes/i/2a3/warren-buffett-183_cash_cash-combined-with-courage-in-a-time-of_2690276.png)

> [The value of a business is the cash it's going to produce in the future.](https://sms4smile.com/quotes/warren-buffett/the-value-of-a-business-is-the-cash-it-s-going-to-produce-in-the/)

[Warren Buffett](https://sms4smile.com/quotes/author/warren-buffett/)

[Image](https://sms4smile.com/quotes/i/df4/warren-buffett-183_business_the-value-of-a-business-is-the-cash-it-s_1978634.png)

> [Intrinsic value can be defined simply: It is the discounted value of the cash that can be taken out of a business…](https://sms4smile.com/quotes/warren-buffett/intrinsic-value-can-be-defined-simply-it-is-the-discounted-value-of/)

[Warren Buffett](https://sms4smile.com/quotes/author/warren-buffett/)

[Image](https://sms4smile.com/quotes/i/d0c/warren-buffett-183_business_intrinsic-value-can-be-defined-simply-it_460579.png)

> [Cash never makes us happy, but it's better to have the money burning a hole in Berkshire's pocket than resting comfortably in…](https://sms4smile.com/quotes/warren-buffett/cash-never-makes-us-happy-but-it-s-better-to-have-the-money-burning-a/)

[Warren Buffett](https://sms4smile.com/quotes/author/warren-buffett/)

[Image](https://sms4smile.com/quotes/i/820/warren-buffett-183_buffets_cash-never-makes-us-happy-but-it-s-bette_767895.png)

> [Today people who hold cash equivalents feel comfortable. They shouldn't. They have opted for a terrible long-term asset, one that pays virtually…](https://sms4smile.com/quotes/warren-buffett/today-people-who-hold-cash-equivalents-feel-comfortable-they-shouldn/)

[Warren Buffett](https://sms4smile.com/quotes/author/warren-buffett/)

[Image](https://sms4smile.com/quotes/i/04b/warren-buffett-183_assets_today-people-who-hold-cash-equivalents-f_1722304.png)

> [Cash, though, is to a business as oxygen is to an individual: never thought about when it is present, the only thing…](https://sms4smile.com/quotes/warren-buffett/cash-though-is-to-a-business-as-oxygen-is-to-an-individual-never/)

[Warren Buffett](https://sms4smile.com/quotes/author/warren-buffett/)

[Image](https://sms4smile.com/quotes/i/156/warren-buffett-183_absent_cash-though-is-to-a-business-as-oxygen-i_822963.png)

> [I mean, you can explain the fact that these are depressed prices, you know. We think these assets are going to be…](https://sms4smile.com/quotes/warren-buffett/i-mean-you-can-explain-the-fact-that-these-are-depressed-prices-you/)

[Warren Buffett](https://sms4smile.com/quotes/author/warren-buffett/)

[Image](https://sms4smile.com/quotes/i/df6/warren-buffett-183_assets_i-mean-you-can-explain-the-fact-that-the_2812419.png)

> [Intrinsic value can be defined simply: It is the discounted value of the cash that can be taken out of a business…](https://sms4smile.com/quotes/warren-buffett/intrinsic-value-can-be-defined-simply-it-is-the-discounted-value-of-2/)

[Warren Buffett](https://sms4smile.com/quotes/author/warren-buffett/)

[Image](https://sms4smile.com/quotes/i/8d6/warren-buffett-183_business_intrinsic-value-can-be-defined-simply-it_2689507.png)

> [We want to use cash. The reason we haven't used our cash two years ago, we just didn't find things that were…](https://sms4smile.com/quotes/warren-buffett/we-want-to-use-cash-the-reason-we-haven-t-used-our-cash-two-years-ago/)

[Warren Buffett](https://sms4smile.com/quotes/author/warren-buffett/)

[Image](https://sms4smile.com/quotes/i/470/warren-buffett-183_amount_we-want-to-use-cash-the-reason-we-haven_2592751.png)

> [I do not like debt and do not like to invest in companies that have too much debt, particularly long-term debt. With…](https://sms4smile.com/quotes/warren-buffett/i-do-not-like-debt-and-do-not-like-to-invest-in-companies-that-have/)

[Warren Buffett](https://sms4smile.com/quotes/author/warren-buffett/)

[Image](https://sms4smile.com/quotes/i/5aa/warren-buffett-183_business_i-do-not-like-debt-and-do-not-like-to-in_2387824.png)

> [I have pledged - to you, the rating agencies and myself - to always run Berkshire with more than ample cash. We…](https://sms4smile.com/quotes/warren-buffett/i-have-pledged-to-you-the-rating-agencies-and-myself-to-always-run/)

[Warren Buffett](https://sms4smile.com/quotes/author/warren-buffett/)

[Image](https://sms4smile.com/quotes/i/37f/warren-buffett-183_agency_i-have-pledged-to-you-the-rating-agencie_2443737.jpg)

> [If you own a wonderful business...the best thing to do is keep it. All you're going to do is trade your wonderful…](https://sms4smile.com/quotes/warren-buffett/if-you-own-a-wonderful-business-the-best-thing-to-do-is-keep-it-all/)

[Warren Buffett](https://sms4smile.com/quotes/author/warren-buffett/)

[Image](https://sms4smile.com/quotes/i/b5f/warren-buffett-183_advice_if-you-own-a-wonderful-business-the-best_1734038.png)

## Other authors on Cash

## More by Warren Buffett

> [To invest successfully over a lifetime does not require a stratospheric IQ, unusual business insights, or inside information. What's needed is a sound intellectual…](https://sms4smile.com/quotes/warren-buffett/to-invest-successfully-over-a-lifetime-does-not-require-a/)

[Warren Buffett](https://sms4smile.com/quotes/author/warren-buffett/)

> [“Be fearful when others are greedy, and be greedy when others are fearful.”](https://sms4smile.com/quotes/warren-buffett/be-fearful-when-others-are-greedy-and-be-greedy-when-others-are/)

[Warren Buffett](https://sms4smile.com/quotes/author/warren-buffett/)

> [Making money isn't the backbone of our guiding purpose; it is the by-product of our guiding purpose.](https://sms4smile.com/quotes/warren-buffett/making-money-isn-t-the-backbone-of-our-guiding-purpose-it-is-the-by/)

[Warren Buffett](https://sms4smile.com/quotes/author/warren-buffett/)

> [We set no volume goals in our insurance business generally-and certainly not in reinsurance-as virtually any volume can be achieved if profitability standards are…](https://sms4smile.com/quotes/warren-buffett/we-set-no-volume-goals-in-our-insurance-business-generally-and/)

[Warren Buffett](https://sms4smile.com/quotes/author/warren-buffett/)

> [Everybody's got a different circle of competence. The important thing is not how big the circle is. The important thing is staying inside the…](https://sms4smile.com/quotes/warren-buffett/everybody-s-got-a-different-circle-of-competence-the-important-thing/)

[Warren Buffett](https://sms4smile.com/quotes/author/warren-buffett/)

> [It is better to point out your own mistakes than have somebody else do it.](https://sms4smile.com/quotes/warren-buffett/it-is-better-to-point-out-your-own-mistakes-than-have-somebody-else/)

[Warren Buffett](https://sms4smile.com/quotes/author/warren-buffett/)

> [I've read about all the sales today. If you're an auto dealer, you're feeling it. If you're a furniture retailer like we are, you're…](https://sms4smile.com/quotes/warren-buffett/i-ve-read-about-all-the-sales-today-if-you-re-an-auto-dealer-you-re/)

[Warren Buffett](https://sms4smile.com/quotes/author/warren-buffett/)

> [I was lucky enough to be born in a time and place where society values my talent, and gave me a good education to…](https://sms4smile.com/quotes/warren-buffett/i-was-lucky-enough-to-be-born-in-a-time-and-place-where-society/)

[Warren Buffett](https://sms4smile.com/quotes/author/warren-buffett/)

> [The most common cause of low prices is pessimism - some times pervasive, some times specific to a company or industry. We want to…](https://sms4smile.com/quotes/warren-buffett/the-most-common-cause-of-low-prices-is-pessimism-some-times-pervasive/)

[Warren Buffett](https://sms4smile.com/quotes/author/warren-buffett/)

> [The reaction of weak management to weak operations is often weak accounting.](https://sms4smile.com/quotes/warren-buffett/the-reaction-of-weak-management-to-weak-operations-is-often-weak/)

[Warren Buffett](https://sms4smile.com/quotes/author/warren-buffett/)

> [What you really want to do in investments is figure out what's important and knowable. If it's unimportant or unknowable you forget about it.](https://sms4smile.com/quotes/warren-buffett/what-you-really-want-to-do-in-investments-is-figure-out-what-s/)

[Warren Buffett](https://sms4smile.com/quotes/author/warren-buffett/)

> [I don't measure my life by the money I've made. Other people might, but certainly don't.](https://sms4smile.com/quotes/warren-buffett/i-don-t-measure-my-life-by-the-money-i-ve-made-other-people-might-but/)

[Warren Buffett](https://sms4smile.com/quotes/author/warren-buffett/)

> [I mean the truth is, I've never had it so good in terms of taxes. I am paying the lowest tax rate that I've…](https://sms4smile.com/quotes/warren-buffett/i-mean-the-truth-is-i-ve-never-had-it-so-good-in-terms-of-taxes-i-am/)

[Warren Buffett](https://sms4smile.com/quotes/author/warren-buffett/)

> [The most important quality for an investor is temperament, not intellect. You need a temperament that neither derives great pleasure from being with the…](https://sms4smile.com/quotes/warren-buffett/the-most-important-quality-for-an-investor-is-temperament-not/)

[Warren Buffett](https://sms4smile.com/quotes/author/warren-buffett/)

> [Investors, of course, can, by their own behavior make stock ownership highly risky. And many do. Active trading, attempts to "time" market movements, inadequate…](https://sms4smile.com/quotes/warren-buffett/investors-of-course-can-by-their-own-behavior-make-stock-ownership/)

[Warren Buffett](https://sms4smile.com/quotes/author/warren-buffett/)

```json
{
    "@context": "https://schema.org",
    "@graph": [
        {
            "@type": "ItemList",
            "@id": "https://sms4smile.com/quotes/about/cash/warren-buffett/#itemlist",
            "name": "14 Cash Quotes By Warren Buffett",
            "numberOfItems": 14,
            "itemListElement": [
                {
                    "@type": "ListItem",
                    "position": 1,
                    "item": {
                        "@type": "Quotation",
                        "text": "When bills come due, only cash is legal tender. Don't leave home without it.",
                        "creator": {
                            "@type": "Person",
                            "name": "Warren Buffett"
                        },
                        "url": "https://sms4smile.com/quotes/warren-buffett/when-bills-come-due-only-cash-is-legal-tender-don-t-leave-home/",
                        "image": {
                            "@type": "ImageObject",
                            "@id": "https://sms4smile.com/quotes/i/325/warren-buffett-183_bills_when-bills-come-due-only-cash-is-legal-t_2772651.png",
                            "contentUrl": "https://sms4smile.com/quotes/i/325/warren-buffett-183_bills_when-bills-come-due-only-cash-is-legal-t_2772651.png",
                            "url": "https://sms4smile.com/quotes/i/325/warren-buffett-183_bills_when-bills-come-due-only-cash-is-legal-t_2772651.png",
                            "width": 1080,
                            "height": 1080,
                            "caption": "“When bills come due, only cash is legal tender. Don't leave home without it.” — Warren Buffett",
                            "creditText": "SMS4Smile Quotes",
                            "creator": {
                                "@id": "https://sms4smile.com/quotes/#organization"
                            }
                        }
                    }
                },
                {
                    "@type": "ListItem",
                    "position": 2,
                    "item": {
                        "@type": "Quotation",
                        "text": "When people talk about cash being king, it's not king if it just sits there and never does anything.",
                        "creator": {
                            "@type": "Person",
                            "name": "Warren Buffett"
                        },
                        "url": "https://sms4smile.com/quotes/warren-buffett/when-people-talk-about-cash-being-king-it-s-not-king-if-it-just-sits/",
                        "image": {
                            "@type": "ImageObject",
                            "@id": "https://sms4smile.com/quotes/i/ef6/warren-buffett-183_cash_when-people-talk-about-cash-being-king-i_487987.png",
                            "contentUrl": "https://sms4smile.com/quotes/i/ef6/warren-buffett-183_cash_when-people-talk-about-cash-being-king-i_487987.png",
                            "url": "https://sms4smile.com/quotes/i/ef6/warren-buffett-183_cash_when-people-talk-about-cash-being-king-i_487987.png",
                            "width": 1080,
                            "height": 1080,
                            "caption": "“When people talk about cash being king, it's not king if it just sits there and never does anything.” — Warren Buffett",
                            "creditText": "SMS4Smile Quotes",
                            "creator": {
                                "@id": "https://sms4smile.com/quotes/#organization"
                            }
                        }
                    }
                },
                {
                    "@type": "ListItem",
                    "position": 3,
                    "item": {
                        "@type": "Quotation",
                        "text": "Cash combined with courage in a time of crisis is priceless.",
                        "creator": {
                            "@type": "Person",
                            "name": "Warren Buffett"
                        },
                        "url": "https://sms4smile.com/quotes/warren-buffett/cash-combined-with-courage-in-a-time-of-crisis-is-priceless/",
                        "image": {
                            "@type": "ImageObject",
                            "@id": "https://sms4smile.com/quotes/i/2a3/warren-buffett-183_cash_cash-combined-with-courage-in-a-time-of_2690276.png",
                            "contentUrl": "https://sms4smile.com/quotes/i/2a3/warren-buffett-183_cash_cash-combined-with-courage-in-a-time-of_2690276.png",
                            "url": "https://sms4smile.com/quotes/i/2a3/warren-buffett-183_cash_cash-combined-with-courage-in-a-time-of_2690276.png",
                            "width": 1080,
                            "height": 1080,
                            "caption": "“Cash combined with courage in a time of crisis is priceless.” — Warren Buffett",
                            "creditText": "SMS4Smile Quotes",
                            "creator": {
                                "@id": "https://sms4smile.com/quotes/#organization"
                            }
                        }
                    }
                },
                {
                    "@type": "ListItem",
                    "position": 4,
                    "item": {
                        "@type": "Quotation",
                        "text": "The value of a business is the cash it's going to produce in the future.",
                        "creator": {
                            "@type": "Person",
                            "name": "Warren Buffett"
                        },
                        "url": "https://sms4smile.com/quotes/warren-buffett/the-value-of-a-business-is-the-cash-it-s-going-to-produce-in-the/",
                        "image": {
                            "@type": "ImageObject",
                            "@id": "https://sms4smile.com/quotes/i/df4/warren-buffett-183_business_the-value-of-a-business-is-the-cash-it-s_1978634.png",
                            "contentUrl": "https://sms4smile.com/quotes/i/df4/warren-buffett-183_business_the-value-of-a-business-is-the-cash-it-s_1978634.png",
                            "url": "https://sms4smile.com/quotes/i/df4/warren-buffett-183_business_the-value-of-a-business-is-the-cash-it-s_1978634.png",
                            "width": 1080,
                            "height": 1080,
                            "caption": "“The value of a business is the cash it's going to produce in the future.” — Warren Buffett",
                            "creditText": "SMS4Smile Quotes",
                            "creator": {
                                "@id": "https://sms4smile.com/quotes/#organization"
                            }
                        }
                    }
                },
                {
                    "@type": "ListItem",
                    "position": 5,
                    "item": {
                        "@type": "Quotation",
                        "text": "Intrinsic value can be defined simply: It is the discounted value of the cash that can be taken out of a business during its remaining life.",
                        "creator": {
                            "@type": "Person",
                            "name": "Warren Buffett"
                        },
                        "url": "https://sms4smile.com/quotes/warren-buffett/intrinsic-value-can-be-defined-simply-it-is-the-discounted-value-of/",
                        "image": {
                            "@type": "ImageObject",
                            "@id": "https://sms4smile.com/quotes/i/d0c/warren-buffett-183_business_intrinsic-value-can-be-defined-simply-it_460579.png",
                            "contentUrl": "https://sms4smile.com/quotes/i/d0c/warren-buffett-183_business_intrinsic-value-can-be-defined-simply-it_460579.png",
                            "url": "https://sms4smile.com/quotes/i/d0c/warren-buffett-183_business_intrinsic-value-can-be-defined-simply-it_460579.png",
                            "width": 1080,
                            "height": 1080,
                            "caption": "“Intrinsic value can be defined simply: It is the discounted value of the cash that can be taken out of a…” — Warren Buffett",
                            "creditText": "SMS4Smile Quotes",
                            "creator": {
                                "@id": "https://sms4smile.com/quotes/#organization"
                            }
                        }
                    }
                },
                {
                    "@type": "ListItem",
                    "position": 6,
                    "item": {
                        "@type": "Quotation",
                        "text": "Cash never makes us happy, but it's better to have the money burning a hole in Berkshire's pocket than resting comfortably in someone else's.",
                        "creator": {
                            "@type": "Person",
                            "name": "Warren Buffett"
                        },
                        "url": "https://sms4smile.com/quotes/warren-buffett/cash-never-makes-us-happy-but-it-s-better-to-have-the-money-burning-a/",
                        "image": {
                            "@type": "ImageObject",
                            "@id": "https://sms4smile.com/quotes/i/820/warren-buffett-183_buffets_cash-never-makes-us-happy-but-it-s-bette_767895.png",
                            "contentUrl": "https://sms4smile.com/quotes/i/820/warren-buffett-183_buffets_cash-never-makes-us-happy-but-it-s-bette_767895.png",
                            "url": "https://sms4smile.com/quotes/i/820/warren-buffett-183_buffets_cash-never-makes-us-happy-but-it-s-bette_767895.png",
                            "width": 1080,
                            "height": 1080,
                            "caption": "“Cash never makes us happy, but it's better to have the money burning a hole in Berkshire's pocket than…” — Warren Buffett",
                            "creditText": "SMS4Smile Quotes",
                            "creator": {
                                "@id": "https://sms4smile.com/quotes/#organization"
                            }
                        }
                    }
                },
                {
                    "@type": "ListItem",
                    "position": 7,
                    "item": {
                        "@type": "Quotation",
                        "text": "Today people who hold cash equivalents feel comfortable. They shouldn't. They have opted for a terrible long-term asset, one that pays virtually nothing and is certain to depreciate in value.",
                        "creator": {
                            "@type": "Person",
                            "name": "Warren Buffett"
                        },
                        "url": "https://sms4smile.com/quotes/warren-buffett/today-people-who-hold-cash-equivalents-feel-comfortable-they-shouldn/",
                        "image": {
                            "@type": "ImageObject",
                            "@id": "https://sms4smile.com/quotes/i/04b/warren-buffett-183_assets_today-people-who-hold-cash-equivalents-f_1722304.png",
                            "contentUrl": "https://sms4smile.com/quotes/i/04b/warren-buffett-183_assets_today-people-who-hold-cash-equivalents-f_1722304.png",
                            "url": "https://sms4smile.com/quotes/i/04b/warren-buffett-183_assets_today-people-who-hold-cash-equivalents-f_1722304.png",
                            "width": 1080,
                            "height": 1080,
                            "caption": "“Today people who hold cash equivalents feel comfortable. They shouldn't. They have opted for a terrible…” — Warren Buffett",
                            "creditText": "SMS4Smile Quotes",
                            "creator": {
                                "@id": "https://sms4smile.com/quotes/#organization"
                            }
                        }
                    }
                },
                {
                    "@type": "ListItem",
                    "position": 8,
                    "item": {
                        "@type": "Quotation",
                        "text": "Cash, though, is to a business as oxygen is to an individual: never thought about when it is present, the only thing in mind when it is absent... When bills come due, only cash is legal tender. Don't leave home without it.",
                        "creator": {
                            "@type": "Person",
                            "name": "Warren Buffett"
                        },
                        "url": "https://sms4smile.com/quotes/warren-buffett/cash-though-is-to-a-business-as-oxygen-is-to-an-individual-never/",
                        "image": {
                            "@type": "ImageObject",
                            "@id": "https://sms4smile.com/quotes/i/156/warren-buffett-183_absent_cash-though-is-to-a-business-as-oxygen-i_822963.png",
                            "contentUrl": "https://sms4smile.com/quotes/i/156/warren-buffett-183_absent_cash-though-is-to-a-business-as-oxygen-i_822963.png",
                            "url": "https://sms4smile.com/quotes/i/156/warren-buffett-183_absent_cash-though-is-to-a-business-as-oxygen-i_822963.png",
                            "width": 1080,
                            "height": 1080,
                            "caption": "“Cash, though, is to a business as oxygen is to an individual: never thought about when it is present, the…” — Warren Buffett",
                            "creditText": "SMS4Smile Quotes",
                            "creator": {
                                "@id": "https://sms4smile.com/quotes/#organization"
                            }
                        }
                    }
                },
                {
                    "@type": "ListItem",
                    "position": 9,
                    "item": {
                        "@type": "Quotation",
                        "text": "I mean, you can explain the fact that these are depressed prices, you know. We think these assets are going to be worth a lot more. And I think that case can be made in certain situations. But I think to just say, you know, 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.",
                        "creator": {
                            "@type": "Person",
                            "name": "Warren Buffett"
                        },
                        "url": "https://sms4smile.com/quotes/warren-buffett/i-mean-you-can-explain-the-fact-that-these-are-depressed-prices-you/",
                        "image": {
                            "@type": "ImageObject",
                            "@id": "https://sms4smile.com/quotes/i/df6/warren-buffett-183_assets_i-mean-you-can-explain-the-fact-that-the_2812419.png",
                            "contentUrl": "https://sms4smile.com/quotes/i/df6/warren-buffett-183_assets_i-mean-you-can-explain-the-fact-that-the_2812419.png",
                            "url": "https://sms4smile.com/quotes/i/df6/warren-buffett-183_assets_i-mean-you-can-explain-the-fact-that-the_2812419.png",
                            "width": 1080,
                            "height": 1080,
                            "caption": "“I mean, you can explain the fact that these are depressed prices, you know. We think these assets are going…” — Warren Buffett",
                            "creditText": "SMS4Smile Quotes",
                            "creator": {
                                "@id": "https://sms4smile.com/quotes/#organization"
                            }
                        }
                    }
                },
                {
                    "@type": "ListItem",
                    "position": 10,
                    "item": {
                        "@type": "Quotation",
                        "text": "Intrinsic value can be defined simply: It is the discounted value of the cash that can be taken out of a business during its remaining life. The calculation of intrinsic value, though, is not so simple. As our definition suggests, intrinsic value is an estimate rather than a precise figure, and it is additionally an estimate that must be changed if interest rates move or forecasts of future cash flows are revised.",
                        "creator": {
                            "@type": "Person",
                            "name": "Warren Buffett"
                        },
                        "url": "https://sms4smile.com/quotes/warren-buffett/intrinsic-value-can-be-defined-simply-it-is-the-discounted-value-of-2/",
                        "image": {
                            "@type": "ImageObject",
                            "@id": "https://sms4smile.com/quotes/i/8d6/warren-buffett-183_business_intrinsic-value-can-be-defined-simply-it_2689507.png",
                            "contentUrl": "https://sms4smile.com/quotes/i/8d6/warren-buffett-183_business_intrinsic-value-can-be-defined-simply-it_2689507.png",
                            "url": "https://sms4smile.com/quotes/i/8d6/warren-buffett-183_business_intrinsic-value-can-be-defined-simply-it_2689507.png",
                            "width": 1080,
                            "height": 1080,
                            "caption": "“Intrinsic value can be defined simply: It is the discounted value of the cash that can be taken out of a…” — Warren Buffett",
                            "creditText": "SMS4Smile Quotes",
                            "creator": {
                                "@id": "https://sms4smile.com/quotes/#organization"
                            }
                        }
                    }
                },
                {
                    "@type": "ListItem",
                    "position": 11,
                    "item": {
                        "@type": "Quotation",
                        "text": "We want to use cash. The reason we haven't used our cash two years ago, we just didn't find things that were that attractive. But when people talk about cash being king, it's not king if it just sits there and never does anything. There are times when cash buys more than other times, and this is one of the other times when it buys a fair amount more, so we use it.",
                        "creator": {
                            "@type": "Person",
                            "name": "Warren Buffett"
                        },
                        "url": "https://sms4smile.com/quotes/warren-buffett/we-want-to-use-cash-the-reason-we-haven-t-used-our-cash-two-years-ago/",
                        "image": {
                            "@type": "ImageObject",
                            "@id": "https://sms4smile.com/quotes/i/470/warren-buffett-183_amount_we-want-to-use-cash-the-reason-we-haven_2592751.png",
                            "contentUrl": "https://sms4smile.com/quotes/i/470/warren-buffett-183_amount_we-want-to-use-cash-the-reason-we-haven_2592751.png",
                            "url": "https://sms4smile.com/quotes/i/470/warren-buffett-183_amount_we-want-to-use-cash-the-reason-we-haven_2592751.png",
                            "width": 1080,
                            "height": 1080,
                            "caption": "“We want to use cash. The reason we haven't used our cash two years ago, we just didn't find things that were…” — Warren Buffett",
                            "creditText": "SMS4Smile Quotes",
                            "creator": {
                                "@id": "https://sms4smile.com/quotes/#organization"
                            }
                        }
                    }
                },
                {
                    "@type": "ListItem",
                    "position": 12,
                    "item": {
                        "@type": "Quotation",
                        "text": "I do not like debt and do not like to invest in companies that have too much debt, particularly long-term debt. With long-term debt, increases in interest rates can drastically affect company profits and make future cash flows less predictable.",
                        "creator": {
                            "@type": "Person",
                            "name": "Warren Buffett"
                        },
                        "url": "https://sms4smile.com/quotes/warren-buffett/i-do-not-like-debt-and-do-not-like-to-invest-in-companies-that-have/",
                        "image": {
                            "@type": "ImageObject",
                            "@id": "https://sms4smile.com/quotes/i/5aa/warren-buffett-183_business_i-do-not-like-debt-and-do-not-like-to-in_2387824.png",
                            "contentUrl": "https://sms4smile.com/quotes/i/5aa/warren-buffett-183_business_i-do-not-like-debt-and-do-not-like-to-in_2387824.png",
                            "url": "https://sms4smile.com/quotes/i/5aa/warren-buffett-183_business_i-do-not-like-debt-and-do-not-like-to-in_2387824.png",
                            "width": 1080,
                            "height": 1080,
                            "caption": "“I do not like debt and do not like to invest in companies that have too much debt, particularly long-term…” — Warren Buffett",
                            "creditText": "SMS4Smile Quotes",
                            "creator": {
                                "@id": "https://sms4smile.com/quotes/#organization"
                            }
                        }
                    }
                },
                {
                    "@type": "ListItem",
                    "position": 13,
                    "item": {
                        "@type": "Quotation",
                        "text": "I have pledged - to you, the rating agencies and myself - to always run Berkshire with more than ample cash. We never want to count on the kindness of strangers in order to meet tomorrow's obligations. When forced to choose, I will not trade even a night's sleep for the chance of extra profits.",
                        "creator": {
                            "@type": "Person",
                            "name": "Warren Buffett"
                        },
                        "url": "https://sms4smile.com/quotes/warren-buffett/i-have-pledged-to-you-the-rating-agencies-and-myself-to-always-run/",
                        "image": {
                            "@type": "ImageObject",
                            "@id": "https://sms4smile.com/quotes/i/37f/warren-buffett-183_agency_i-have-pledged-to-you-the-rating-agencie_2443737.jpg",
                            "contentUrl": "https://sms4smile.com/quotes/i/37f/warren-buffett-183_agency_i-have-pledged-to-you-the-rating-agencie_2443737.jpg",
                            "url": "https://sms4smile.com/quotes/i/37f/warren-buffett-183_agency_i-have-pledged-to-you-the-rating-agencie_2443737.jpg",
                            "width": 1080,
                            "height": 1080,
                            "caption": "“I have pledged - to you, the rating agencies and myself - to always run Berkshire with more than ample cash…” — Warren Buffett",
                            "creditText": "SMS4Smile Quotes",
                            "creator": {
                                "@id": "https://sms4smile.com/quotes/#organization"
                            }
                        }
                    }
                },
                {
                    "@type": "ListItem",
                    "position": 14,
                    "item": {
                        "@type": "Quotation",
                        "text": "If you own a wonderful business...the best thing to do is keep it. All you're going to do is trade your wonderful business for a whole bunch of cash, which isn't as good as the business, and you got the problem of investing in other businesses, and you probably paid a tax in between. So my advice to anybody who owns a wonderful business is keep it.",
                        "creator": {
                            "@type": "Person",
                            "name": "Warren Buffett"
                        },
                        "url": "https://sms4smile.com/quotes/warren-buffett/if-you-own-a-wonderful-business-the-best-thing-to-do-is-keep-it-all/",
                        "image": {
                            "@type": "ImageObject",
                            "@id": "https://sms4smile.com/quotes/i/b5f/warren-buffett-183_advice_if-you-own-a-wonderful-business-the-best_1734038.png",
                            "contentUrl": "https://sms4smile.com/quotes/i/b5f/warren-buffett-183_advice_if-you-own-a-wonderful-business-the-best_1734038.png",
                            "url": "https://sms4smile.com/quotes/i/b5f/warren-buffett-183_advice_if-you-own-a-wonderful-business-the-best_1734038.png",
                            "width": 1080,
                            "height": 1080,
                            "caption": "“If you own a wonderful business...the best thing to do is keep it. All you're going to do is trade your…” — Warren Buffett",
                            "creditText": "SMS4Smile Quotes",
                            "creator": {
                                "@id": "https://sms4smile.com/quotes/#organization"
                            }
                        }
                    }
                }
            ]
        },
        {
            "@type": "CollectionPage",
            "@id": "https://sms4smile.com/quotes/about/cash/warren-buffett/#webpage",
            "url": "https://sms4smile.com/quotes/about/cash/warren-buffett/",
            "name": "Cash Quotes by Warren Buffett",
            "isPartOf": {
                "@id": "https://sms4smile.com/quotes/#website"
            },
            "mainEntity": {
                "@id": "https://sms4smile.com/quotes/about/cash/warren-buffett/#itemlist"
            },
            "primaryImageOfPage": {
                "@id": "https://sms4smile.com/quotes/i/325/warren-buffett-183_bills_when-bills-come-due-only-cash-is-legal-t_2772651.png"
            },
            "description": "14 Cash quotes by Warren Buffett. Plus more from Warren Buffett and more Cash sayings from other authors.",
            "breadcrumb": {
                "@id": "https://sms4smile.com/quotes/about/cash/warren-buffett/#breadcrumb"
            }
        },
        {
            "@type": "BreadcrumbList",
            "@id": "https://sms4smile.com/quotes/about/cash/warren-buffett/#breadcrumb",
            "itemListElement": [
                {
                    "@type": "ListItem",
                    "position": 1,
                    "name": "Home",
                    "item": "https://sms4smile.com/"
                },
                {
                    "@type": "ListItem",
                    "position": 2,
                    "name": "Quotes",
                    "item": "https://sms4smile.com/quotes/"
                },
                {
                    "@type": "ListItem",
                    "position": 3,
                    "name": "Topics",
                    "item": "https://sms4smile.com/quotes/categories/"
                },
                {
                    "@type": "ListItem",
                    "position": 4,
                    "name": "Cash",
                    "item": "https://sms4smile.com/quotes/about/cash/"
                },
                {
                    "@type": "ListItem",
                    "position": 5,
                    "name": "Warren Buffett",
                    "item": "https://sms4smile.com/quotes/about/cash/warren-buffett/"
                }
            ]
        },
        {
            "@type": "WebSite",
            "@id": "https://sms4smile.com/quotes/#website",
            "name": "SMS4Smile Quotes",
            "url": "https://sms4smile.com/quotes/",
            "publisher": {
                "@id": "https://sms4smile.com/quotes/#organization"
            }
        },
        {
            "@type": "Organization",
            "@id": "https://sms4smile.com/quotes/#organization",
            "name": "SMS4Smile Quotes",
            "url": "https://sms4smile.com/quotes/",
            "logo": {
                "@type": "ImageObject",
                "url": "https://sms4smile.com/quotes/wp-content/themes/sq/assets/icons/icon-512.png",
                "width": 512,
                "height": 512
            }
        }
    ]
}
```