The good thing is, we have household formation in this country. We have a country where I don't … - Howard Warren Buffett

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Quote of the day

I am weak, I say with no presumptions. I have no merit, I note it, that is all. There are times that I feel so weak there most be a mistake, and as I don't know what I mean with this, I am not going to say anything else

Howard Warren Buffett

The good thing is, we have household formation in this country. We have a country where I don't know whether it's a million households a year or more, but good form.

Country, Good Things, Know, Thing, Years

Same Author Quotes

When the Federal government buys the mortgages, they're not spending it, they're investing it.

Federal, Government, Investing, Mortgage, Spending

I don't think it would be crazy to have a model or an entity model on the Reconstruction Finance Corp. That goes back to 1932, although it was really implemented in '33 under Jesse Jones, and it invested in mostly banks initially and preferred stock and that sort of thing.

Corp, Crazy, Jesse, Thinking, Would Be

Any time I can be of help to the government in terms of giving advice -I've given a little advice, actually.

Actually, Advice, Giving, Government, Terms, Time

You can go back to tulip bulbs in Holland 400 years ago. The human beings going through combinations of fear and greed and all of that sort of thing, their behavior can lead to bubbles. And it may have had and Internet bubble at one time, you've had a farm bubble, farmland bubble in the Midwest which resulted in all kinds of tragedy in the early '80s.

Behavior, Greed, Sort, Tragedy, Years

You could have these crazy Internet valuations in the late 1990s, but they prove themselves out in the market. The next day they were selling for more than they were the day before, and people said, you know, you're crazy if you don't get in on this. So it's very human.

Crazy, Next Day, People, Said, Selling, Valuations