Bills Quote by Warren Buffett
“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.”
About This Quote
Source Interview: Berkshire Hathaway Annual Shareholder Meeting, 2020
People hold Treasury bills not for profit but for safety, trusting the government’s guarantee over a short term.
In simple terms: Safety drives investment in low‑yield assets.
Key Takeaway
Prioritize security when returns are minimal.
Themes
finance
risk management
trust
Mood
cautious
pragmatic
Type
financial
investment
When to use this quote
- personal finance
- corporate treasury
- economic policy
Key Concepts
government bonds
short‑term investing
risk aversion
Questions to Reflect On
- Do you value safety over potential gain?
- What alternatives exist for secure short‑term investments?
A Different Perspective
Low returns may limit growth and inflation protection.
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