“I'll tell you why I like the cigarette business. … It costs a penny to make. Sell it for a dollar. It's addictive. And there's fantastic brand loyalty.”

— Warren Buffett

As quoted in Barbarians at the Gate : The Fall of RJR Nabisco (1989), by Bryan Burrough and John Helyar

Adopted from Wikiquote. Last update June 3, 2021. History

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Warren Buffett 146

American business magnate, investor, and philanthropist 1930

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“I'll tell you why I like the cigarette business. … It costs a penny to make. Sell it for a dollar. It's addictive. And there's fantastic brand loyalty.”

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Warren Buffett 146

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