"I mean, we'll be pounding on the..." - Quote by Warren Buffett
I mean, we'll be pounding on the guy's chest, you know, on the floor, and you know, he's not going to just jump up all of a sudden. So it makes it tough. I mean, it's tough to be in the legislature, you know, and vote for something and then people say, well, you voted all this money and you know, it's all getting spent. It isn't getting spent. It's getting invested. But it's all getting spent. Nothing's happening.
More by Warren Buffett
“Nothing sedates rationality like large doses of effortless money.”
“I was lucky to have the right heroes. Tell me who your heroes are and I'll tell you how you'll turn out to be. The qualities of the one you admire are the traits that you, with a little practice, can make your own, and that, if practiced, will become habit forming.”
“I was lucky enough to be born in a time and place where society values my talent, and gave me a good education to develop that talent, and set up the laws and the finanical system to let me do what I love doing-and make a lot of money doing it. The least I can do is help pay for all that.”
More on Politics
“The only justifiable purpose of political institutions is to ensure the unhindered development of the individual.”
“One of the gratifying things, I think, about the end of my presidency even though admittedly my successor ran against a lot of what we stood for, is when you look at the individual issues and the progress that we've made on a lot of those issues, we got the support of a pretty decent majority.”
“The policy of letting things alone, in the practical sense that the Government should never interfere with business or go into business itself, is called Laisser-faire by economists and politicians. It has broken down so completely in practice that it is now discredited; but it was all the fashion in politics a hundred years ago, and is still influentially advocated by men of business and their backers who naturally would like to be allowed to make money as they please without regard to the interest of the public.”
More on Investment
“I'm not so much interested in the return ON my money as I am in the return OF my money.”
“I'm going to retain a lot of Microsoft's stock.”
“Out here I had been putting what little money I had in Ocean Frontage, for the sole reason that there was only so much of it and no more, and that they wasent making any more.”