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.

I just think that – when a country needs more income and we do, we’re only taking in 15 percent of GDP, I mean, that – that – when a country needs more income, they should get it from the people that have it.

Government always finds a need for whatever money it gets.

Governments are not representative. They have their own power, serving segments of the population that are dominant and rich.

Income inequity has to be addressed.

Remember that all financial markets are filled with good but not necessarily innocent people looking after their own self-interests before they look after yours.

People do not understand what a great revenue economy is.

A first-generation fortune is the most likely to be given away, but once a fortune is inherited it’s less likely that a very high percentage will go back to society.

Capitalism has proven to be the only system that works, but the problem with capitalism is that extreme wealth ends up in the hands of a few people.

Any time an investment company has to spend heavily on advertising, it’s probably a bad business in which to invest.

‚Credit‘ is another word for trustworthiness.

The lack of money is the root of all evil.

If you’re worried about the deficit, pay attention to the fact that it’s almost all attributable to military spending and the totally dysfunctional health program.

Me and my dad are the biggest promoters of an estate tax in the US. It’s not a popular position.

Wall Street is the only place that people ride to in a Rolls Royce to get advice from those who take the subway.

Creditors have better memories than debtors.

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.

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

I’m not a macroeconomics person.

Labor is prior to, and independent of, capital. Capital is only the fruit of labor, and could never have existed if labor had not first existed. Labor is the superior of capital, and deserves much the higher consideration.

There certainly is a case to be made that taxes should be more progressive.

Percentage margins don’t matter. What matters always is dollar margins: the actual dollar amount. Companies are valued not on their percentage margins, but on how many dollars they actually make, and a multiple of that.

As a precious metal, silver is also money.

There are few ways in which a man can be more innocently employed than in getting money.

Debt is a social and ideological construct, not a simple economic fact.

I’m a cash flow guy. If it doesn’t make me money today, forget about it.

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

Don’t hold against me that I don’t own – that I don’t own a single stock or bond. Don’t hold it – I have no savings accounts.

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

Money is better than poverty, if only for financial reasons.

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

You can only choose between rich and poor. The middle class is gone.

A little over 5% of the world’s population produces almost 29% of the world’s goods and services.

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

I used to have insecurity about my finances, then I announced that I had debt, and now I don’t have any insecurities.

The surest way to remain poor is to be an honest man.

The sinews of war are infinite money.

I think any statement about stock prices is always suspect unless it’s made by Warren Buffett.

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.

Never spend your money before you have earned it.

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

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

I do know that throughout history, all paper money has eventually come back to its true value, which is zero.

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

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.

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.

In order to deal with all the medical cost demands and other challenges in the U.S., as we look to raise that revenue, the rich will have to pay slightly more. That’s quite clear.

The capitalist system is about taking from the Earth and from the other great commodity, labour. What’s happening with this system is that the rich are getting richer and the poor are getting poorer, and the only way out of it is supposed to be growth. But growth is debt. It’s going to make the situation worse.

Derivatives are financial weapons of mass destruction.

I just think people should invest in the world. Don’t invest in fashion, but invest in the world.

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

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

Money doesn’t talk, it swears.

Most poor people live in the poorest countries.

We can’t leave people in abject poverty, so we need to raise the standard of living for 80% of the world’s people, while bringing it down considerably for the 20% who are destroying our natural resources.

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

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

I think when you spread the wealth around it’s good for everybody.

If my businesses or my investments are not profitable, then I don’t eat. And I like to eat.

Neither a borrower nor a lender be.

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