"In the 20th century, the United States endured two world wars and other traumatic and expensive military conflicts; the Depression; a dozen or so recessions and financial panics; oil shocks; a flu epidemic; and the resignation of a disgraced president. Yet the Dow rose from 66 to 11,497."

45 likes

Source: Buy American. I Am. by Warren Buffett, www.nytimes.com. October 16, 2008.

About the author

Warren Buffett

Investor, Businessman

Warren Buffett is a renowned investor and philanthropist known for his value investing philosophy and leadership at Berkshire Hathaway.

All quotes by Warren Buffett →

Same author

More quotes by Warren Buffett

See all →
Warren Buffett Investor, Businessman

"Look for 3 things in a person. Intelligence, Energy, & Integrity. If they don't have the last one, don't even bother with the first two."

Read quote
Warren Buffett Investor, Businessman

"Successful Investing takes time, discipline and patience. No matter how great the talent or effort, some things just take time: You can't produce a baby in one month by getting nine women pregnant."

Read quote