"In economics, you always want to ask..." - Quote by Warren Buffett
In economics, you always want to ask 'And then what?'
More by Warren Buffett
“It's almost impossible to overpay the truly extraordinary CEO... but the species is rare.”
“I am a huge bull on this country. We will not have a double-dip recession at all. I see our businesses coming back almost across the board.”
“Investors... can't pick stocks that are better than average. Stocks are a good thing to own over time. There's only two things you can do wrong: You can buy the wrong ones, and you can buy or sell them at the wrong time. And the truth is you never need to sell them.”
More on Economics
“I have never understood why it is "greed" to want to keep the money you have earned but not greed to want to take somebody else's money.”
“If the Nation is living within its income, its credit is good. If, in some crises, it lives beyond its income for a year or two, it can usually borrow temporarily at reasonable rates. But if, like a spendthrift, it throws discretion to the winds, and is willing to make no sacrifice at all in spending; if it extends its taxing to the limit of the peoples power to pay and continues to pile up deficits, then it is on the road to bankruptcy.”
“The aim of New Deals is to exterminate the class of creditors and thrust all men into that of debtors. It is like trying to breedcattle with all cows and no bulls.”