--- title: "24 Percent Quotes By Warren Buffett" description: "24 Percent quotes by Warren Buffett. Plus more from Warren Buffett and more Percent sayings from other authors." image: "https://sms4smile.com/quotes/i/d68/warren-buffett-183_billionaire_my-friends-and-i-have-been-coddled-long_2266935.png" --- > [My friends and I have been coddled long enough by a billionaire-friendly Congress.](https://sms4smile.com/quotes/warren-buffett/my-friends-and-i-have-been-coddled-long-enough-by-a-billionaire/) [Warren Buffett](https://sms4smile.com/quotes/author/warren-buffett/) [Image](https://sms4smile.com/quotes/i/d68/warren-buffett-183_billionaire_my-friends-and-i-have-been-coddled-long_2266935.png) > [I think I could make you fifty percent a year on one million dollars. No, I know I could. I guarantee that.](https://sms4smile.com/quotes/warren-buffett/i-think-i-could-make-you-fifty-percent-a-year-on-one-million-dollars/) [Warren Buffett](https://sms4smile.com/quotes/author/warren-buffett/) [Image](https://sms4smile.com/quotes/i/12f/warren-buffett-183_dollars_i-think-i-could-make-you-fifty-percent-a_1020328.png) > [Just imagine living on 21,000 a year. I mean you have 20 percent of the population doing that. So you don't have…](https://sms4smile.com/quotes/warren-buffett/just-imagine-living-on-21-000-a-year-i-mean-you-have-20-percent-of/) [Warren Buffett](https://sms4smile.com/quotes/author/warren-buffett/) [Image](https://sms4smile.com/quotes/i/6f8/warren-buffett-183_guy_just-imagine-living-on-21-000-a-year-i-m_3046652.png) > [If I got a chance to take one percent of the deal either way, I would make that bet.](https://sms4smile.com/quotes/warren-buffett/if-i-got-a-chance-to-take-one-percent-of-the-deal-either-way-i-would/) [Warren Buffett](https://sms4smile.com/quotes/author/warren-buffett/) [Image](https://sms4smile.com/quotes/i/9df/warren-buffett-183_chance_if-i-got-a-chance-to-take-one-percent-of_3025812.png) > [ I think the rest of the country should be paying less, the 95 percent that \[Barack\] Obama talks about or maybe even… ](https://sms4smile.com/quotes/warren-buffett/i-think-the-rest-of-the-country-should-be-paying-less-the-95-percent/) [Warren Buffett](https://sms4smile.com/quotes/author/warren-buffett/) [Image](https://sms4smile.com/quotes/i/e9b/warren-buffett-183_barack_i-think-the-rest-of-the-country-should-b_86074.png) > [You have hedge funds and people like that buying these assets to yield 15 or 20 percent, I mean, that's the buyer…](https://sms4smile.com/quotes/warren-buffett/you-have-hedge-funds-and-people-like-that-buying-these-assets-to/) [Warren Buffett](https://sms4smile.com/quotes/author/warren-buffett/) [Image](https://sms4smile.com/quotes/i/16d/warren-buffett-183_assets_you-have-hedge-funds-and-people-like-tha_919164.jpg) > [When 40 billion of treasury bills are sold like, seven day treasury bills, at a yield of 1/20th of one percent, that…](https://sms4smile.com/quotes/warren-buffett/when-40-billion-of-treasury-bills-are-sold-like-seven-day-treasury/) [Warren Buffett](https://sms4smile.com/quotes/author/warren-buffett/) [Image](https://sms4smile.com/quotes/i/8ae/warren-buffett-183_billions_when-40-billion-of-treasury-bills-are-so_3193780.jpg) > [Would your reply possibly be this? Well, it all depends on what my tax rate will be on the gain you're saying…](https://sms4smile.com/quotes/warren-buffett/would-your-reply-possibly-be-this-well-it-all-depends-on-what-my-tax/) [Warren Buffett](https://sms4smile.com/quotes/author/warren-buffett/) [Image](https://sms4smile.com/quotes/i/8ec/warren-buffett-183_accounts_would-your-reply-possibly-be-this-well-i_1972188.jpg) > [The capital gains tax is 15 percent now. So I sit there in my office and I make a lot of money…](https://sms4smile.com/quotes/warren-buffett/the-capital-gains-tax-is-15-percent-now-so-i-sit-there-in-my-office/) [Warren Buffett](https://sms4smile.com/quotes/author/warren-buffett/) [Image](https://sms4smile.com/quotes/i/35f/warren-buffett-183_capital-gains_the-capital-gains-tax-is-15-percent-now_3050135.png) > [I just think that - when a country needs more income and we do, we're only taking in 15 percent of GDP,…](https://sms4smile.com/quotes/warren-buffett/i-just-think-that-when-a-country-needs-more-income-and-we-do-we-re/) [Warren Buffett](https://sms4smile.com/quotes/author/warren-buffett/) [Image](https://sms4smile.com/quotes/i/0eb/warren-buffett-183_country_i-just-think-that-when-a-country-needs-m_1002063.png) > [It's a nightmare to administer some of this sort of thing, but I want to tell the shareholders of Berkshire, to the…](https://sms4smile.com/quotes/warren-buffett/it-s-a-nightmare-to-administer-some-of-this-sort-of-thing-but-i-want/) [Warren Buffett](https://sms4smile.com/quotes/author/warren-buffett/) [Image](https://sms4smile.com/quotes/i/51f/warren-buffett-183_customer_it-s-a-nightmare-to-administer-some-of-t_2395945.jpg) > [We've used up a lot of bullets. And we talk about stimulus. But the truth is, we're running a federal deficit that's…](https://sms4smile.com/quotes/warren-buffett/we-ve-used-up-a-lot-of-bullets-and-we-talk-about-stimulus-but-the/) [Warren Buffett](https://sms4smile.com/quotes/author/warren-buffett/) [Image](https://sms4smile.com/quotes/i/494/warren-buffett-183_bullets_we-ve-used-up-a-lot-of-bullets-and-we-ta_525659.png) > [At this point, when treasury bills, seven day treasury bills at 1/20th of one percent, it's not because people want to earn…](https://sms4smile.com/quotes/warren-buffett/at-this-point-when-treasury-bills-seven-day-treasury-bills-at-1-20th/) [Warren Buffett](https://sms4smile.com/quotes/author/warren-buffett/) [Image](https://sms4smile.com/quotes/i/643/warren-buffett-183_bills_at-this-point-when-treasury-bills-seven_1915846.png) > [We're paying maybe 25 percent of the income tax, but the payroll tax is over a third of the receipts of the…](https://sms4smile.com/quotes/warren-buffett/we-re-paying-maybe-25-percent-of-the-income-tax-but-the-payroll-tax/) [Warren Buffett](https://sms4smile.com/quotes/author/warren-buffett/) [Image](https://sms4smile.com/quotes/i/694/warren-buffett-183_capital-gains_we-re-paying-maybe-25-percent-of-the-inc_1875039.png) > [I don't want to give a lecture to this body that's out there. You know, I mean, having had the heart attack,…](https://sms4smile.com/quotes/warren-buffett/i-don-t-want-to-give-a-lecture-to-this-body-that-s-out-there-you-know/) [Warren Buffett](https://sms4smile.com/quotes/author/warren-buffett/) [Image](https://sms4smile.com/quotes/i/ae3/warren-buffett-183_bears_i-don-t-want-to-give-a-lecture-to-this-b_1150601.png) > [You've got the right - you've got a wonderful person with Sheila Bair, most of the viewers have never heard of Sheila…](https://sms4smile.com/quotes/warren-buffett/you-ve-got-the-right-you-ve-got-a-wonderful-person-with-sheila-bair/) [Warren Buffett](https://sms4smile.com/quotes/author/warren-buffett/) [Image](https://sms4smile.com/quotes/i/c33/warren-buffett-183_deposits_you-ve-got-the-right-you-ve-got-a-wonder_2966848.jpg) > [ \[People\] have seen the credit market seize up. They're worried about money market funds, although the latest proposition from government should take… ](https://sms4smile.com/quotes/warren-buffett/people-have-seen-the-credit-market-seize-up-they-re-worried-about/) [Warren Buffett](https://sms4smile.com/quotes/author/warren-buffett/) [Image](https://sms4smile.com/quotes/i/cf1/warren-buffett-183_care_people-have-seen-the-credit-market-seize_628648.png) > [And people really behaved in a fraudulent way or something, we'll go back and find the culprits later on. But that really…](https://sms4smile.com/quotes/warren-buffett/and-people-really-behaved-in-a-fraudulent-way-or-something-we-ll-go/) [Warren Buffett](https://sms4smile.com/quotes/author/warren-buffett/) [Image](https://sms4smile.com/quotes/i/eff/warren-buffett-183_assets_and-people-really-behaved-in-a-fraudulen_1670063.jpg) > [ There are three important principles to Graham's approach. \[The first is to look at stocks as fractional shares of a business, which\]… ](https://sms4smile.com/quotes/warren-buffett/there-are-three-important-principles-to-graham-s-approach-the-first/) [Warren Buffett](https://sms4smile.com/quotes/author/warren-buffett/) [Image](https://sms4smile.com/quotes/i/72f/warren-buffett-183_advantage_there-are-three-important-principles-to_784492.jpg) > [It makes no difference to a widow with her savings in a 5 percent passbook account whether she pays 100 percent income…](https://sms4smile.com/quotes/warren-buffett/it-makes-no-difference-to-a-widow-with-her-savings-in-a-5-percent/) [Warren Buffett](https://sms4smile.com/quotes/author/warren-buffett/) [Image](https://sms4smile.com/quotes/i/1ea/warren-buffett-183_accounts_it-makes-no-difference-to-a-widow-with-h_1804672.png) > [When somebody makes it very easy for you to do it by saying you don't really have to put up my money,…](https://sms4smile.com/quotes/warren-buffett/when-somebody-makes-it-very-easy-for-you-to-do-it-by-saying-you-don-t/) [Warren Buffett](https://sms4smile.com/quotes/author/warren-buffett/) [Image](https://sms4smile.com/quotes/i/f7c/warren-buffett-183_cost_when-somebody-makes-it-very-easy-for-you_2365411.jpg) > [We need to throw the resources at this that are necessary. But like I say, we are not spending money. I mean,…](https://sms4smile.com/quotes/warren-buffett/we-need-to-throw-the-resources-at-this-that-are-necessary-but-like-i/) [Warren Buffett](https://sms4smile.com/quotes/author/warren-buffett/) [Image](https://sms4smile.com/quotes/i/94e/warren-buffett-183_assets_we-need-to-throw-the-resources-at-this-t_2335943.png) > [Somebody's buying these treasury bills at 1/20th of one percent. Consuming about $2 billion a day of goods and services beyond what…](https://sms4smile.com/quotes/warren-buffett/somebody-s-buying-these-treasury-bills-at-1-20th-of-one-percent/) [Warren Buffett](https://sms4smile.com/quotes/author/warren-buffett/) [Image](https://sms4smile.com/quotes/i/3df/warren-buffett-183_billions_somebody-s-buying-these-treasury-bills-a_1468584.png) > [I have worked with investors for 60 years and I have yet to see anyone - not even when capital gains rates…](https://sms4smile.com/quotes/warren-buffett/i-have-worked-with-investors-for-60-years-and-i-have-yet-to-see/) [Warren Buffett](https://sms4smile.com/quotes/author/warren-buffett/) [Image](https://sms4smile.com/quotes/i/cf5/warren-buffett-183_capital-gains_i-have-worked-with-investors-for-60-year_349033.png) ## Other authors on Percent ## 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/percent/warren-buffett/#itemlist", "name": "24 Percent Quotes By Warren Buffett", "numberOfItems": 24, "itemListElement": [ { "@type": "ListItem", "position": 1, "item": { "@type": "Quotation", "text": "My friends and I have been coddled long enough by a billionaire-friendly Congress.", "creator": { "@type": "Person", "name": "Warren Buffett" }, "url": "https://sms4smile.com/quotes/warren-buffett/my-friends-and-i-have-been-coddled-long-enough-by-a-billionaire/", "image": { "@type": "ImageObject", "@id": "https://sms4smile.com/quotes/i/d68/warren-buffett-183_billionaire_my-friends-and-i-have-been-coddled-long_2266935.png", "contentUrl": "https://sms4smile.com/quotes/i/d68/warren-buffett-183_billionaire_my-friends-and-i-have-been-coddled-long_2266935.png", "url": "https://sms4smile.com/quotes/i/d68/warren-buffett-183_billionaire_my-friends-and-i-have-been-coddled-long_2266935.png", "width": 1080, "height": 1080, "caption": "“My friends and I have been coddled long enough by a billionaire-friendly Congress.” — Warren Buffett", "creditText": "SMS4Smile Quotes", "creator": { "@id": "https://sms4smile.com/quotes/#organization" } } } }, { "@type": "ListItem", "position": 2, "item": { "@type": "Quotation", "text": "I think I could make you fifty percent a year on one million dollars. 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I guarantee that.” — Warren Buffett", "creditText": "SMS4Smile Quotes", "creator": { "@id": "https://sms4smile.com/quotes/#organization" } } } }, { "@type": "ListItem", "position": 3, "item": { "@type": "Quotation", "text": "Just imagine living on 21,000 a year. I mean you have 20 percent of the population doing that. So you don't have to worry about guys like me.", "creator": { "@type": "Person", "name": "Warren Buffett" }, "url": "https://sms4smile.com/quotes/warren-buffett/just-imagine-living-on-21-000-a-year-i-mean-you-have-20-percent-of/", "image": { "@type": "ImageObject", "@id": "https://sms4smile.com/quotes/i/6f8/warren-buffett-183_guy_just-imagine-living-on-21-000-a-year-i-m_3046652.png", "contentUrl": "https://sms4smile.com/quotes/i/6f8/warren-buffett-183_guy_just-imagine-living-on-21-000-a-year-i-m_3046652.png", "url": "https://sms4smile.com/quotes/i/6f8/warren-buffett-183_guy_just-imagine-living-on-21-000-a-year-i-m_3046652.png", "width": 1080, "height": 1080, "caption": "“Just imagine living on 21,000 a year. I mean you have 20 percent of the population doing that. 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Well, it all depends on what my tax rate will be on the gain you're saying we're going to make. If the taxes are too high, I would rather leave the money in my savings account, earning a quarter of 1 percent. Only in Grover Norquist's imagination does such a response exist.", "creator": { "@type": "Person", "name": "Warren Buffett" }, "url": "https://sms4smile.com/quotes/warren-buffett/would-your-reply-possibly-be-this-well-it-all-depends-on-what-my-tax/", "image": { "@type": "ImageObject", "@id": "https://sms4smile.com/quotes/i/8ec/warren-buffett-183_accounts_would-your-reply-possibly-be-this-well-i_1972188.jpg", "contentUrl": "https://sms4smile.com/quotes/i/8ec/warren-buffett-183_accounts_would-your-reply-possibly-be-this-well-i_1972188.jpg", "url": "https://sms4smile.com/quotes/i/8ec/warren-buffett-183_accounts_would-your-reply-possibly-be-this-well-i_1972188.jpg", "width": 1080, "height": 1080, "caption": "“Would your reply possibly be this? Well, it all depends on what my tax rate will be on the gain you're…” — Warren Buffett", "creditText": "SMS4Smile Quotes", "creator": { "@id": "https://sms4smile.com/quotes/#organization" } } } }, { "@type": "ListItem", "position": 9, "item": { "@type": "Quotation", "text": "The capital gains tax is 15 percent now. So I sit there in my office and I make a lot of money by capital gains, and I pay 15 percent, and I pay no payroll tax on it.", "creator": { "@type": "Person", "name": "Warren Buffett" }, "url": "https://sms4smile.com/quotes/warren-buffett/the-capital-gains-tax-is-15-percent-now-so-i-sit-there-in-my-office/", "image": { "@type": "ImageObject", "@id": "https://sms4smile.com/quotes/i/35f/warren-buffett-183_capital-gains_the-capital-gains-tax-is-15-percent-now_3050135.png", "contentUrl": "https://sms4smile.com/quotes/i/35f/warren-buffett-183_capital-gains_the-capital-gains-tax-is-15-percent-now_3050135.png", "url": "https://sms4smile.com/quotes/i/35f/warren-buffett-183_capital-gains_the-capital-gains-tax-is-15-percent-now_3050135.png", "width": 1080, "height": 1080, "caption": "“The capital gains tax is 15 percent now. So I sit there in my office and I make a lot of money by capital…” — Warren Buffett", "creditText": "SMS4Smile Quotes", "creator": { "@id": "https://sms4smile.com/quotes/#organization" } } } }, { "@type": "ListItem", "position": 10, "item": { "@type": "Quotation", "text": "I just think that - when a country needs more income and we do, we're only taking in 15 percent of GDP, I mean, that - that - when a country needs more income, they should get it from the people that have it.", "creator": { "@type": "Person", "name": "Warren Buffett" }, "url": "https://sms4smile.com/quotes/warren-buffett/i-just-think-that-when-a-country-needs-more-income-and-we-do-we-re/", "image": { "@type": "ImageObject", "@id": "https://sms4smile.com/quotes/i/0eb/warren-buffett-183_country_i-just-think-that-when-a-country-needs-m_1002063.png", "contentUrl": "https://sms4smile.com/quotes/i/0eb/warren-buffett-183_country_i-just-think-that-when-a-country-needs-m_1002063.png", "url": "https://sms4smile.com/quotes/i/0eb/warren-buffett-183_country_i-just-think-that-when-a-country-needs-m_1002063.png", "width": 1080, "height": 1080, "caption": "“I just think that - when a country needs more income and we do, we're only taking in 15 percent of GDP, I…” — Warren Buffett", "creditText": "SMS4Smile Quotes", "creator": { "@id": "https://sms4smile.com/quotes/#organization" } } } }, { "@type": "ListItem", "position": 11, "item": { "@type": "Quotation", "text": "It's a nightmare to administer some of this sort of thing, but I want to tell the shareholders of Berkshire, to the percent we own marketable securities or things for which there are market, even if those markets - I want to tell them what it's all about.", "creator": { "@type": "Person", "name": "Warren Buffett" }, "url": "https://sms4smile.com/quotes/warren-buffett/it-s-a-nightmare-to-administer-some-of-this-sort-of-thing-but-i-want/", "image": { "@type": "ImageObject", "@id": "https://sms4smile.com/quotes/i/51f/warren-buffett-183_customer_it-s-a-nightmare-to-administer-some-of-t_2395945.jpg", "contentUrl": "https://sms4smile.com/quotes/i/51f/warren-buffett-183_customer_it-s-a-nightmare-to-administer-some-of-t_2395945.jpg", "url": "https://sms4smile.com/quotes/i/51f/warren-buffett-183_customer_it-s-a-nightmare-to-administer-some-of-t_2395945.jpg", "width": 1080, "height": 1080, "caption": "“It's a nightmare to administer some of this sort of thing, but I want to tell the shareholders of Berkshire…” — Warren Buffett", "creditText": "SMS4Smile Quotes", "creator": { "@id": "https://sms4smile.com/quotes/#organization" } } } }, { "@type": "ListItem", "position": 12, "item": { "@type": "Quotation", "text": "We've used up a lot of bullets. And we talk about stimulus. But the truth is, we're running a federal deficit that's 9 percent of GDP. That is stimulative as all get out. It's more stimulative than any policy we've followed since World War II.", "creator": { "@type": "Person", "name": "Warren Buffett" }, "url": "https://sms4smile.com/quotes/warren-buffett/we-ve-used-up-a-lot-of-bullets-and-we-talk-about-stimulus-but-the/", "image": { "@type": "ImageObject", "@id": "https://sms4smile.com/quotes/i/494/warren-buffett-183_bullets_we-ve-used-up-a-lot-of-bullets-and-we-ta_525659.png", "contentUrl": "https://sms4smile.com/quotes/i/494/warren-buffett-183_bullets_we-ve-used-up-a-lot-of-bullets-and-we-ta_525659.png", "url": "https://sms4smile.com/quotes/i/494/warren-buffett-183_bullets_we-ve-used-up-a-lot-of-bullets-and-we-ta_525659.png", "width": 1080, "height": 1080, "caption": "“We've used up a lot of bullets. And we talk about stimulus. But the truth is, we're running a federal…” — Warren Buffett", "creditText": "SMS4Smile Quotes", "creator": { "@id": "https://sms4smile.com/quotes/#organization" } } } }, { "@type": "ListItem", "position": 13, "item": { "@type": "Quotation", "text": "At this point, when treasury bills, seven day treasury bills at 1/20th of one percent, it's not because people want to earn 1/20th of one percent, it's because they trust the fact the treasury will give it back to them next week.", "creator": { "@type": "Person", "name": "Warren Buffett" }, "url": "https://sms4smile.com/quotes/warren-buffett/at-this-point-when-treasury-bills-seven-day-treasury-bills-at-1-20th/", "image": { "@type": "ImageObject", "@id": "https://sms4smile.com/quotes/i/643/warren-buffett-183_bills_at-this-point-when-treasury-bills-seven_1915846.png", "contentUrl": "https://sms4smile.com/quotes/i/643/warren-buffett-183_bills_at-this-point-when-treasury-bills-seven_1915846.png", "url": "https://sms4smile.com/quotes/i/643/warren-buffett-183_bills_at-this-point-when-treasury-bills-seven_1915846.png", "width": 1080, "height": 1080, "caption": "“At this point, when treasury bills, seven day treasury bills at 1/20th of one percent, it's not because…” — Warren Buffett", "creditText": "SMS4Smile Quotes", "creator": { "@id": "https://sms4smile.com/quotes/#organization" } } } }, { "@type": "ListItem", "position": 14, "item": { "@type": "Quotation", "text": "We're paying maybe 25 percent of the income tax, but the payroll tax is over a third of the receipts of the federal government. And they don't take that from me on capital gains. They don't take that from me on dividends.", "creator": { "@type": "Person", "name": "Warren Buffett" }, "url": "https://sms4smile.com/quotes/warren-buffett/we-re-paying-maybe-25-percent-of-the-income-tax-but-the-payroll-tax/", "image": { "@type": "ImageObject", "@id": "https://sms4smile.com/quotes/i/694/warren-buffett-183_capital-gains_we-re-paying-maybe-25-percent-of-the-inc_1875039.png", "contentUrl": "https://sms4smile.com/quotes/i/694/warren-buffett-183_capital-gains_we-re-paying-maybe-25-percent-of-the-inc_1875039.png", "url": "https://sms4smile.com/quotes/i/694/warren-buffett-183_capital-gains_we-re-paying-maybe-25-percent-of-the-inc_1875039.png", "width": 1080, "height": 1080, "caption": "“We're paying maybe 25 percent of the income tax, but the payroll tax is over a third of the receipts of the…” — Warren Buffett", "creditText": "SMS4Smile Quotes", "creator": { "@id": "https://sms4smile.com/quotes/#organization" } } } }, { "@type": "ListItem", "position": 15, "item": { "@type": "Quotation", "text": "I don't want to give a lecture to this body that's out there. You know, I mean, having had the heart attack, I want to get it back functioning. And as a practical matter, I mean if you were Bear Stearns, and you were a shareholder, you know, you lost 90 to 95 percent of your money. A good many lost their jobs. They lost very cushy lives, many of them.", "creator": { "@type": "Person", "name": "Warren Buffett" }, "url": "https://sms4smile.com/quotes/warren-buffett/i-don-t-want-to-give-a-lecture-to-this-body-that-s-out-there-you-know/", "image": { "@type": "ImageObject", "@id": "https://sms4smile.com/quotes/i/ae3/warren-buffett-183_bears_i-don-t-want-to-give-a-lecture-to-this-b_1150601.png", "contentUrl": "https://sms4smile.com/quotes/i/ae3/warren-buffett-183_bears_i-don-t-want-to-give-a-lecture-to-this-b_1150601.png", "url": "https://sms4smile.com/quotes/i/ae3/warren-buffett-183_bears_i-don-t-want-to-give-a-lecture-to-this-b_1150601.png", "width": 1080, "height": 1080, "caption": "“I don't want to give a lecture to this body that's out there. You know, I mean, having had the heart attack…” — Warren Buffett", "creditText": "SMS4Smile Quotes", "creator": { "@id": "https://sms4smile.com/quotes/#organization" } } } }, { "@type": "ListItem", "position": 16, "item": { "@type": "Quotation", "text": "You've got the right - you've got a wonderful person with Sheila Bair, most of the viewers have never heard of Sheila Bair. [She] has taken eight percent of the deposits in the United States and seamlessly moved those over to sound institutions which in turn have gotten more capital, ended up, it's been a magnificent job.She'll never get a golden parachute or any severance pay or anything. She's done a great job. We've got some great public servants. We have I think the right people in there to get the job done, and then they need more tools.", "creator": { "@type": "Person", "name": "Warren Buffett" }, "url": "https://sms4smile.com/quotes/warren-buffett/you-ve-got-the-right-you-ve-got-a-wonderful-person-with-sheila-bair/", "image": { "@type": "ImageObject", "@id": "https://sms4smile.com/quotes/i/c33/warren-buffett-183_deposits_you-ve-got-the-right-you-ve-got-a-wonder_2966848.jpg", "contentUrl": "https://sms4smile.com/quotes/i/c33/warren-buffett-183_deposits_you-ve-got-the-right-you-ve-got-a-wonder_2966848.jpg", "url": "https://sms4smile.com/quotes/i/c33/warren-buffett-183_deposits_you-ve-got-the-right-you-ve-got-a-wonder_2966848.jpg", "width": 1080, "height": 1080, "caption": "“You've got the right - you've got a wonderful person with Sheila Bair, most of the viewers have never heard…” — Warren Buffett", "creditText": "SMS4Smile Quotes", "creator": { "@id": "https://sms4smile.com/quotes/#organization" } } } }, { "@type": "ListItem", "position": 17, "item": { "@type": "Quotation", "text": "[People] have seen the credit market seize up. They're worried about money market funds, although the latest proposition from government should take care of that. They've seen eight percent of the bank deposits in the United States get moved very skillfully, I might say, within the last couple of weeks from institutions that they thought were fine a few months ago to other institutions. They are not wrong to be worried.", "creator": { "@type": "Person", "name": "Warren Buffett" }, "url": "https://sms4smile.com/quotes/warren-buffett/people-have-seen-the-credit-market-seize-up-they-re-worried-about/", "image": { "@type": "ImageObject", "@id": "https://sms4smile.com/quotes/i/cf1/warren-buffett-183_care_people-have-seen-the-credit-market-seize_628648.png", "contentUrl": "https://sms4smile.com/quotes/i/cf1/warren-buffett-183_care_people-have-seen-the-credit-market-seize_628648.png", "url": "https://sms4smile.com/quotes/i/cf1/warren-buffett-183_care_people-have-seen-the-credit-market-seize_628648.png", "width": 1080, "height": 1080, "caption": "“[People] have seen the credit market seize up. They're worried about money market funds, although the latest…” — Warren Buffett", "creditText": "SMS4Smile Quotes", "creator": { "@id": "https://sms4smile.com/quotes/#organization" } } } }, { "@type": "ListItem", "position": 18, "item": { "@type": "Quotation", "text": "And people really behaved in a fraudulent way or something, we'll go back and find the culprits later on. But that really isn't the problem we have. I mean that's where it came from, though. We leveraged up and if you have a 20 percent fall in value of a $20 trillion asset, that's $4 trillion. And when $4 trillion lands - losses land in the wrong part of this economy, it can gum up the whole place.", "creator": { "@type": "Person", "name": "Warren Buffett" }, "url": "https://sms4smile.com/quotes/warren-buffett/and-people-really-behaved-in-a-fraudulent-way-or-something-we-ll-go/", "image": { "@type": "ImageObject", "@id": "https://sms4smile.com/quotes/i/eff/warren-buffett-183_assets_and-people-really-behaved-in-a-fraudulen_1670063.jpg", "contentUrl": "https://sms4smile.com/quotes/i/eff/warren-buffett-183_assets_and-people-really-behaved-in-a-fraudulen_1670063.jpg", "url": "https://sms4smile.com/quotes/i/eff/warren-buffett-183_assets_and-people-really-behaved-in-a-fraudulen_1670063.jpg", "width": 1080, "height": 1080, "caption": "“And people really behaved in a fraudulent way or something, we'll go back and find the culprits later on…” — Warren Buffett", "creditText": "SMS4Smile Quotes", "creator": { "@id": "https://sms4smile.com/quotes/#organization" } } } }, { "@type": "ListItem", "position": 19, "item": { "@type": "Quotation", "text": "There are three important principles to Graham's approach. [The first is to look at stocks as fractional shares of a business, which] gives you an entirely different view than most people who are in the market. [The second principle is the margin-of-safety concept, which] gives you the competitive advantage. [The third is having a true investor's attitude toward the stock market, which] if you have that attitude, you start out ahead of 99 percent of all the people who are operating in the stock market - it's an enormous advantage.", "creator": { "@type": "Person", "name": "Warren Buffett" }, "url": "https://sms4smile.com/quotes/warren-buffett/there-are-three-important-principles-to-graham-s-approach-the-first/", "image": { "@type": "ImageObject", "@id": "https://sms4smile.com/quotes/i/72f/warren-buffett-183_advantage_there-are-three-important-principles-to_784492.jpg", "contentUrl": "https://sms4smile.com/quotes/i/72f/warren-buffett-183_advantage_there-are-three-important-principles-to_784492.jpg", "url": "https://sms4smile.com/quotes/i/72f/warren-buffett-183_advantage_there-are-three-important-principles-to_784492.jpg", "width": 1080, "height": 1080, "caption": "“There are three important principles to Graham's approach. [The first is to look at stocks as fractional…” — Warren Buffett", "creditText": "SMS4Smile Quotes", "creator": { "@id": "https://sms4smile.com/quotes/#organization" } } } }, { "@type": "ListItem", "position": 20, "item": { "@type": "Quotation", "text": "It makes no difference to a widow with her savings in a 5 percent passbook account whether she pays 100 percent income tax on her interest income during a period of zero inflation or pays no income tax during years of 5 percent inflation. Either way, she is 'taxed' in a manner that leaves her no real income whatsoever. Any money she spends comes right out of capital. She would find outrageous a 100 percent income tax but doesn't seem to notice that 5 percent inflation is the economic equivalent.", "creator": { "@type": "Person", "name": "Warren Buffett" }, "url": "https://sms4smile.com/quotes/warren-buffett/it-makes-no-difference-to-a-widow-with-her-savings-in-a-5-percent/", "image": { "@type": "ImageObject", "@id": "https://sms4smile.com/quotes/i/1ea/warren-buffett-183_accounts_it-makes-no-difference-to-a-widow-with-h_1804672.png", "contentUrl": "https://sms4smile.com/quotes/i/1ea/warren-buffett-183_accounts_it-makes-no-difference-to-a-widow-with-h_1804672.png", "url": "https://sms4smile.com/quotes/i/1ea/warren-buffett-183_accounts_it-makes-no-difference-to-a-widow-with-h_1804672.png", "width": 1080, "height": 1080, "caption": "“It makes no difference to a widow with her savings in a 5 percent passbook account whether she pays 100…” — Warren Buffett", "creditText": "SMS4Smile Quotes", "creator": { "@id": "https://sms4smile.com/quotes/#organization" } } } }, { "@type": "ListItem", "position": 21, "item": { "@type": "Quotation", "text": "When somebody makes it very easy for you to do it by saying you don't really have to put up my money, you can lie about your income a little, or we'll give you 100 percent mortgage, you're going to do it, because everybody that's done it has been proven right. You have social tools, and you're going to feel like an idiot if you didn't do it, because the house cost more.", "creator": { "@type": "Person", "name": "Warren Buffett" }, "url": "https://sms4smile.com/quotes/warren-buffett/when-somebody-makes-it-very-easy-for-you-to-do-it-by-saying-you-don-t/", "image": { "@type": "ImageObject", "@id": "https://sms4smile.com/quotes/i/f7c/warren-buffett-183_cost_when-somebody-makes-it-very-easy-for-you_2365411.jpg", "contentUrl": "https://sms4smile.com/quotes/i/f7c/warren-buffett-183_cost_when-somebody-makes-it-very-easy-for-you_2365411.jpg", "url": "https://sms4smile.com/quotes/i/f7c/warren-buffett-183_cost_when-somebody-makes-it-very-easy-for-you_2365411.jpg", "width": 1080, "height": 1080, "caption": "“When somebody makes it very easy for you to do it by saying you don't really have to put up my money, you…” — Warren Buffett", "creditText": "SMS4Smile Quotes", "creator": { "@id": "https://sms4smile.com/quotes/#organization" } } } }, { "@type": "ListItem", "position": 22, "item": { "@type": "Quotation", "text": "We need to throw the resources at this that are necessary. But like I say, we are not spending money. I mean, if we buy these assets intelligently, the United States Treasury will make money. I mean, it's borrowing money. It's just a few percent a year.", "creator": { "@type": "Person", "name": "Warren Buffett" }, "url": "https://sms4smile.com/quotes/warren-buffett/we-need-to-throw-the-resources-at-this-that-are-necessary-but-like-i/", "image": { "@type": "ImageObject", "@id": "https://sms4smile.com/quotes/i/94e/warren-buffett-183_assets_we-need-to-throw-the-resources-at-this-t_2335943.png", "contentUrl": "https://sms4smile.com/quotes/i/94e/warren-buffett-183_assets_we-need-to-throw-the-resources-at-this-t_2335943.png", "url": "https://sms4smile.com/quotes/i/94e/warren-buffett-183_assets_we-need-to-throw-the-resources-at-this-t_2335943.png", "width": 1080, "height": 1080, "caption": "“We need to throw the resources at this that are necessary. But like I say, we are not spending money. I…” — Warren Buffett", "creditText": "SMS4Smile Quotes", "creator": { "@id": "https://sms4smile.com/quotes/#organization" } } } }, { "@type": "ListItem", "position": 23, "item": { "@type": "Quotation", "text": "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.", "creator": { "@type": "Person", "name": "Warren Buffett" }, "url": "https://sms4smile.com/quotes/warren-buffett/somebody-s-buying-these-treasury-bills-at-1-20th-of-one-percent/", "image": { "@type": "ImageObject", "@id": "https://sms4smile.com/quotes/i/3df/warren-buffett-183_billions_somebody-s-buying-these-treasury-bills-a_1468584.png", "contentUrl": "https://sms4smile.com/quotes/i/3df/warren-buffett-183_billions_somebody-s-buying-these-treasury-bills-a_1468584.png", "url": "https://sms4smile.com/quotes/i/3df/warren-buffett-183_billions_somebody-s-buying-these-treasury-bills-a_1468584.png", "width": 1080, "height": 1080, "caption": "“Somebody's buying these treasury bills at 1/20th of one percent. Consuming about $2 billion a day of goods…” — Warren Buffett", "creditText": "SMS4Smile Quotes", "creator": { "@id": "https://sms4smile.com/quotes/#organization" } } } }, { "@type": "ListItem", "position": 24, "item": { "@type": "Quotation", "text": "I have worked with investors for 60 years and I have yet to see anyone - not even when capital gains rates were 39.9 percent in 1976-77 - shy away from a sensible investment because of the tax rate on the potential gain.", "creator": { "@type": "Person", "name": "Warren Buffett" }, "url": "https://sms4smile.com/quotes/warren-buffett/i-have-worked-with-investors-for-60-years-and-i-have-yet-to-see/", "image": { "@type": "ImageObject", "@id": "https://sms4smile.com/quotes/i/cf5/warren-buffett-183_capital-gains_i-have-worked-with-investors-for-60-year_349033.png", "contentUrl": "https://sms4smile.com/quotes/i/cf5/warren-buffett-183_capital-gains_i-have-worked-with-investors-for-60-year_349033.png", "url": "https://sms4smile.com/quotes/i/cf5/warren-buffett-183_capital-gains_i-have-worked-with-investors-for-60-year_349033.png", "width": 1080, "height": 1080, "caption": "“I have worked with investors for 60 years and I have yet to see anyone - not even when capital gains rates…” — Warren Buffett", "creditText": "SMS4Smile Quotes", "creator": { "@id": "https://sms4smile.com/quotes/#organization" } } } } ] }, { "@type": "CollectionPage", "@id": "https://sms4smile.com/quotes/about/percent/warren-buffett/#webpage", "url": "https://sms4smile.com/quotes/about/percent/warren-buffett/", "name": "Percent Quotes by Warren Buffett", "isPartOf": { "@id": "https://sms4smile.com/quotes/#website" }, "mainEntity": { "@id": "https://sms4smile.com/quotes/about/percent/warren-buffett/#itemlist" }, "primaryImageOfPage": { "@id": "https://sms4smile.com/quotes/i/d68/warren-buffett-183_billionaire_my-friends-and-i-have-been-coddled-long_2266935.png" }, "description": "24 Percent quotes by Warren Buffett. 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