Warren Buffett Quotes:
Ocupation: Investor
Life: b. August 30, 1930
Birthday: August 30
We rarely use much debt and, when we do, we attempt to structure it on a long-term fixed rate basis. We will reject interesting opportunities rather than over-leverage our balance sheet. This conservatism has penalized our results but it is the only behavior that leaves us comfortable, considering our fiduciary obligations to policyholders, depositors, lenders and the many equity holders who have committed unusually large portions of their net worth to our care.
topic: Opportunity, Interesting, Long, Real Estate Investing, Balance Sheets, Fiduciary
