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I could end the deficit in 5 minutes. You just pass a law that says that anytime there is a deficit of more than 3% of GDP all sitting members of congress are ineligible for reelection.
Warren Buffett
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Warren Buffett
Age: 94
Born: 1930
Born: August 30
Entrepreneur
Financier
Investor
Shareholder
Omaha
Nebraska
Warren Edward Buffett
Congress
Members
Sitting
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Reelection
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Buffets
Law
Anytime
Ends
Deficit
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More quotes by Warren Buffett
It's class warfare, my class is winning, but they shouldn't be.
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Invest in as much of yourself as you can, you are your own biggest asset by far.
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You do things when the opportunities come along. I've had periods in my life when I've had a bundle of ideas come along, and I've had long dry spells. If I get an idea next week, I'll do something. If not, I won't do a damn thing.
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You can't produce a baby in one month by getting nine women pregnant.
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Having a large amount of leverage is like driving a car with a dagger on the steering wheel pointed at your heart. If you do that, you will be a better driver. There will be fewer accidents but when they happen, they will be fatal.
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If you want to soar like an eagle in life, you can't be flocking with the turkeys.
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It’s not that I want money. It’s the fun of making money and watching it grow.
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I think the oversight is great, and I think that oversight ought to be devoted almost entirely to the question is this being done at market you know. In other words, you want to make sure that the government isn't investing foolishly. But you don't want to care about which congressional districts it goes to or whether banks get favored over.
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I asked him what he wanted to do for his career, and he replied that he wanted to go into a particular field, but thought he should work for McKinsey for a few years first to add to his resume. To me that's like saving sex for your old age. It makes no sense.
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Accounting is the language of business.
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A great investment opportunity occurs when a marvelous business encounters a one-time huge, but solvable problem.
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If I got a chance to take one percent of the deal either way, I would make that bet.
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Does the business have a consistent operating history?
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If you can't communicate and talk to other people and get across your ideas, you're giving up your potential.
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I know what I want to do and it makes sense to get going.
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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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This economy doesn't work well without the lubrication of credit and trust.
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Gold has two significant shortcomings, being neither of much use nor procreative.
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When we went crazy, and we did go crazy on residential real estate, it set things in motion that just - the dominoes started toppling.
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I measure success by how many people love me. And the best way to be loved is to be lo veable.
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