"I dont have a problem with guilt about money. The way I see it is that my money represents an enormous number of claim checks on society. It is like I have these little pieces of paper that I can turn into consumption. If I wanted to, I could hire 10,000 people to do nothing but paint my picture every day for the rest of my life. And the GNP would go up. But the utility of the product would be zilch, and I would be keeping those 10,000 people from doing AIDS research, or teaching, or nursing. I dont do that though. I dont use very many of those claim checks. Theres nothing material I want very much. And Im going to give virtually all of those claim checks to charity when my wife and I die."
Warren Edward Buffett is an American investor and philanthropist who is the chairman and former CEO of the conglomerate Berkshire Hathaway. As a result of his success, Buffett is one of the best-known investors in the world. According to Forbes, as of January 2026, Buffett's estimated net worth stood at US$148.9 billion, making him the ninth-richest person in the world.
"I make no attempt to forecast the general market — my efforts are devoted to finding undervalued securities. However, I do believe that widespread public belief in the Inevitability of profits from investments in stocks will lead to eventual trouble. Should this occur, prices, but not intrinsic values in my opinion, of even undervalued securities can be expected to be substantially affected."
"I like thinking big. I always have. To me its very simple: if youre going to be thinking anyway, you might as well think big."
"Warren Buffet controls an electric utility that has operations in the Midwest, Utah and Oregon. Oregon passed a law saying whatever income taxes are embedded in the electric rates paid to this monopoly electric company, must be paid to the government, or the ratepayers get the money back. Warren Buffets fighting that like mad, because he knows... that company can permanently capture those taxes (if theyre very smart about how they handle their finances) and enhance their profits."
"In my view, for most people, the best thing to do is to own the S&P 500 index fund. People will try and sell you other things because there’s more money in it for them if they do. And I’m not saying that that’s a conscious act on their part. Most good salespeople believe their own baloney."
"Love is the greatest advantage a parent can give."
"Draw a circle around the businesses you understand and then eliminate those that fail to qualify on the basis of value, good management and limited exposure to hard times. ... Buy into a company because you want to own it, not because you want the stock to go up. ... People have been successful investors because theyve stuck with successful companies. Sooner or later the market mirrors the business."
"Be the change that you wish to see in the world."
Mahatma Gandhi"we are engaged in a grim experiment never before attempted. We are subjecting whole populations to exposure to chemicals which animal experiments have proved to be extremely poisonous and in many cases cumulative in their effect. These exposures now begin at or before birth and-unless we change our methods-will continue through the lifetime of those now living. No one knows what the result will be, because we have no previous experience to guide us."
"pity this busy monster, manunkind, not. Progress is a comfortable disease: your victim (death and life safely beyond) plays with the bigness of his littleness"
E. E. Cummings"I believe that the unity of man as opposed to other living things derives from the fact that man is the conscious life of himself. Man is conscious of himself, of his future, which is death, of his smallness, of his impotence; he is aware of others as others; man is in nature, subject to its laws even if he transcends it with his thought."
Erich Fromm"“We need brains, is the bottom line,” Ivy said. “We’re not hunter-gatherers anymore. We’re all living like patients in the intensive care unit of a hospital. What keeps us alive isn’t bravery, or athleticism, or any of those other skills that were valuable in a caveman society. It’s our ability to master complex technological skills. It is our ability to be nerds. We need to breed nerds.”"
"I have been clinically depressed for most of my life. I once used drugs to fix it. Then I stopped. I stopped because I decided they were making me stupid, and Id rather be miserable than stupid. I am what I am."