That's the reality of what they're going to sell them to the Treasury for. — Warren Buffett Copy Share Image
I mean, Hank Paulson is in there [ Treasury] at the wrong time, probably shouldn't have taken the job. He's a friend… — Warren Buffett Copy Share Image
Somebody's buying these treasury bills at 1/20th of one percent. Consuming about $2 billion a day of goods and services beyond what… — Warren Buffett Copy Share Image
At this point, when treasury bills, seven day treasury bills at 1/20th of one percent, it's not because people want to earn… — Warren Buffett Copy Share Image
[The U.S. Treasury] can borrow basically unlimited amounts. They can stay there for years and years. These assets will be worth more… — Warren Buffett Copy Share Image
We will continue to ignore political and economic forecasts, which are an expensive distraction for many investors and businessmen. Thirty years ago,… — Warren Buffett Copy Share Image
That would be nice if [people] stuck [treasury bills] all under a mattress, but they got to buy something with them. Sometimes… — Warren Buffett Copy Share Image
I don't think you can have a better secretary of the Treasury than Hank Paulson. — Warren Buffett Copy Share Image
I think it's been, you know, kind of like a tragic play to this point. But at this point, I think it's… — Warren Buffett Copy Share Image
We need to throw the resources at this that are necessary. But like I say, we are not spending money. I mean,… — Warren Buffett Copy Share Image
If I were the treasury secretary or head of the Fed, you know, I would try to scare the hell the out… — Warren Buffett Copy Share Image
When 40 billion of treasury bills are sold like, seven day treasury bills, at a yield of 1/20th of one percent, that… — Warren Buffett Copy Share Image
That's been lost. It's a huge problem. What you have is you have the major institutions of the world all wanting to… — Warren Buffett Copy Share Image
I would say it's more important who the treasury secretary is than who the vice president is. If you want to have… — Warren Buffett Copy Share Image
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… — Warren Buffett Copy Share Image
“Be fearful when others are greedy, and be greedy when others are fearful.” — Warren Buffett Copy Share Image
Making money isn't the backbone of our guiding purpose; it is the by-product of our guiding purpose. — Warren Buffett Copy Share Image
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… — Warren Buffett Copy Share Image
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… — Warren Buffett Copy Share Image
It is better to point out your own mistakes than have somebody else do it. — Warren Buffett Copy Share Image
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… — Warren Buffett Copy Share Image
I was lucky enough to be born in a time and place where society values my talent, and gave me a good education to… — Warren Buffett Copy Share Image
The most common cause of low prices is pessimism - some times pervasive, some times specific to a company or industry. We want to… — Warren Buffett Copy Share Image
The reaction of weak management to weak operations is often weak accounting. — Warren Buffett Copy Share Image
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. — Warren Buffett Copy Share Image
I don't measure my life by the money I've made. Other people might, but certainly don't. — Warren Buffett Copy Share Image