Derivatives are financial weapons of mass destruction.

The Nasdaq bubble and crash were followed by the real estate bubble then subprime crash, which led to the unprecedented printing of trillions of dollars in an attempt to prevent a global depression.

I’m not a macroeconomics person.

People do not understand what a great revenue economy is.

What we have to find is the right level of regulation of our financial system so that it has the incentive to invest in things, but at the same time, it is sufficiently regulated so it can’t get in the kind of trouble that we have seen in the past and we have seen recently.

Money is a strange business. People who haven’t got it aim it strongly. People who have are full of troubles.

Let me remind you that credit is the lifeblood of business, the lifeblood of prices and jobs.

Capital is money, capital is commodities. By virtue of it being value, it has acquired the occult ability to add value to itself. It brings forth living offspring, or, at the least, lays golden eggs.

It’s clearly a budget. It’s got a lot of numbers in it.

The way to become rich is to put all your eggs in one basket and then watch that basket.

As a precious metal, silver is also money.

A financial institution has the task of taking risks, and if it’s a well run institution – say, Goldman Sachs – it tries to cover the potential losses to itself, but only to itself.

As a member of the Senate Intelligence Committee, I know that the men and women of our intelligence community put their lives on the line every day, and they do very dangerous work to keep our country safe.

He that’s secure is not safe.

Now financial liberalization is just a catastrophe waiting to happen, and there are very well understood reasons for that.

Never spend your money before you have earned it.

Creditors have better memories than debtors.

Capital as such is not evil; it is its wrong use that is evil. Capital in some form or other will always be needed.

We believe that according the name ‚investors‘ to institutions that trade actively is like calling someone who repeatedly engages in one-night stands a ‚romantic.‘

A bank is a place where they lend you an umbrella in fair weather and ask for it back when it begins to rain.

I just don’t like mutual funds. I think they’re a rip-off.

I bought a company in the mid-’90s called Dexter Shoe and paid $400 million for it. And it went to zero. And I gave about $400 million worth of Berkshire stock, which is probably now worth $400 billion. But I’ve made lots of dumb decisions. That’s part of the game.

Warren Buffett is famous for talking about the ‚intrinsic value‘ of stocks. But while many people parrot this phrase, few know what it really means.

The sinews of war are infinite money.

The problem with EMMA is that it is cost prohibitive for the small investors who were supposed to benefit from the new transparency.

If a business does well, the stock eventually follows.

It is hard to imagine a more stupid or more dangerous way of making decisions than by putting those decisions in the hands of people who pay no price for being wrong.

It’s not what you pay a man, but what he costs you that counts.

The IRS! They’re like the Mafia, they can take anything they want!

Money and women are the most sought after and the least known about of any two things we have.

If you spend your life competing with business men, what do you have? A bank account and ulcers!

The use of money is all the advantage there is in having it.

The subprime disaster was a result of financial bombs – derivatives – exploding in financial institutions such as AIG and Lehman Brothers, as well as banks and financial institutions throughout the world.

Markets have built in inefficiencies, serious inefficiencies which are well known.

Being a stunt coordinator, I have to take care not only of myself but I have to make sure everyone is safe.

Well private money can take risks in a way that government money often isn’t willing to.

I think money is a wonderful thing because it enables you to do things. It enables you to invest in ideas that don’t have a short-term payback.

This 90/10 rule holds true in almost anything financial. Take the game of golf, for example. Ten percent of the professional golfers make 90 percent of the money.

Money and investing can be complex, confusing, and often boring subjects.

If there’s one thing that’s certain in business, it’s uncertainty.

There may be less of a chance of losing all the money you put into a mutual fund than there is of losing all the money you put into lottery tickets, but you’re never going to win big in a mutual fund.

Americans are in a cycle of fear which leads to people not wanting to spend and not wanting to make investments, and that leads to more fear. We’ll break out of it. It takes time.

I can remember when I first went into the Himalayan area way back in 1951. Money, for instance, was not important at all to the local people. But now, finance has become just as important to them as it is to us, and this is a change maybe not for the better.

A grown man should always carry cash, right? I don’t know who told me, but someone told me that a long time ago, and the biggest turnoff is when a guy doesn’t have cash on him.

Wide diversification is only required when investors do not understand what they are doing.

It is a way to take people’s wealth from them without having to openly raise taxes. Inflation is the most universal tax of all.

Government always finds a need for whatever money it gets.

I’m going to retain a lot of Microsoft’s stock.

We are ready for any unforeseen event that may or may not occur.

A holding company is a thing where you hand an accomplice the goods while the policeman searches you.

Cutting the deficit by gutting our investments in innovation and education is like lightening an overloaded airplane by removing its engine. It may make you feel like you’re flying high at first, but it won’t take long before you feel the impact.

If I have cash and I can’t figure a way to put it into real estate or my business, I hold it in gold and silver.

The way to make money is to buy when blood is running in the streets.

The hardest thing to understand in the world is the income tax.

My number one thing? Don’t overleverage yourself. Don’t say you can do something when you really can’t.

A national debt, if it is not excessive, will be to us a national blessing.

Eight years involved with the nuclear industry have taught me that when nothing can possible go wrong and every avenue has been covered, then is the time to buy a house on the next continent.

Distrust and caution are the parents of security.

The circulation of confidence is better than the circulation of money.

If you must invest in paper, learn to be an options trader. Then you will know how to make money whether the markets are going up or down.

Learn to invest in investments where you can achieve an honest, legal advantage over other investors. When it comes to investing, why play on a level field?