All kinds Quote by Warren Buffett
![“That would be nice if [people] stuck [treasury bills] all under a mattress, but they got to buy something with them. Sometimes they buy a treasury note, sometimes they set up sovereign wealth funds. They can do all kinds of things. They can buy our companies here. As long as we consume more than…” quote by Warren Buffett](https://sms4smile.com/quotes/img-quotes/ba1/warren-buffett-183_all-kinds_that-would-be-nice-if-people-stuck-treas_2128493.jpg)
“That would be nice if [people] stuck [treasury bills] all under a mattress, but they got to buy something with them. Sometimes they buy a treasury note, sometimes they set up sovereign wealth funds. They can do all kinds of things. They can buy our companies here. As long as we consume more than we produce, and we trade away little pieces of the country daily, they're going to own something. Now, they can't run from American assets. I mean every day the rest of the world is going to have about two billion more of American assets than we have, as long as they sell us these goods.”
About This Quote
Source Interview: Berkshire Hathaway Annual Shareholder Meeting, 2023
Investors must use cash wisely; hoarding money under a mattress wastes potential and invites foreign ownership of domestic assets.
In simple terms: Spend or invest cash wisely.
Key Takeaway
Invest cash rather than hoard.
Themes
finance
economics
investment
Mood
prudent
strategic
Type
financial
advisory
When to use this quote
- personal finance
- government budgeting
- corporate investment
Key Concepts
inflation
capital flow
Questions to Reflect On
- How to balance savings and investment?
- What safeguards protect domestic assets?
A Different Perspective
Hoarding can lead to loss of national wealth.
