"If you don't find a way to make money while you sleep, you will work until you die."
"[The U.S. Treasury] can borrow basically unlimited amounts. They can stay there for years and years. These assets will be worth more money over time. So when Merrill Lynch sells a bunch of mortgage-related assets at 22 cents on the dollar like they did a month or so ago, the buyer goes - is going to make money, and he's going to make a lot more money if it happens to be an institution like the U.S. government which has very, very cheap borrowing costs."
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Source: Warren Buffett (2009). “Warren Buffett on Business: Principles from the Sage of Omaha”, p.103, John Wiley & Sons
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