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Risk comes from not knowing what you're doing.
Warren Buffett
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Warren Buffett
Age: 94
Born: 1930
Born: August 30
Entrepreneur
Financier
Investor
Shareholder
Omaha
Nebraska
Warren Edward Buffett
Financial
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More quotes by Warren Buffett
I think confidence will come back.
Warren Buffett
A single year's performance is of minor importance and, good or bad, should never be taken seriously.
Warren Buffett
The real fortunes in this country have been made by people who have been right about the business they invested in, and not right about the timing of the stock market.
Warren Buffett
Learning how to live is much more important than learning how to make a living.
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The difference between successful people and really successful people is that really successful people say no to almost everything.
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I don't measure my life by the money I've made. Other people might, but certainly don't.
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The fundamental basis of above-average performance in the long run is sustainable competitive advantage.
Warren Buffett
I look at everything. That's my job. I really do, every day. I think about everything.
Warren Buffett
I think what people understand there probably - well, they were hoping the private sector would do it [rescuing AIG ].
Warren Buffett
Knowing the edge of your competency is important. If you think you know more than you do, you will get in trouble.
Warren Buffett
We would do best in a market where everyone acted foolishly.
Warren Buffett
If you can eliminate the government as a 39.6% partner, then you will be much better off.
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I just think that - when a country needs more income and we do, we're only taking in 15 percent of GDP, I mean, that - that - when a country needs more income, they should get it from the people that have it.
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Investment students need only two well-taught courses - How to Value a Business and How to Think About Market Prices
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I never attempt to make money on the stock market. I buy on the assumption that they could close the market the next day and not reopen it for five years.
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I know that Congress will do the right thing.
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In the insurance business, there is no statute of limitation on stupidity.
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We set no volume goals in our insurance business generally-and certainly not in reinsurance-as virtually any volume can be achieved if profitability standards are ignored.
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It will be good for us in the long run, and I mean there are, you know, six and a half billion people in this world. And it's great for 300 million to keep enjoying more and more property, but I think it's terrific if, you know, the remainder do.
Warren Buffett
Emotional makeup is more important than technical skill
Warren Buffett