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What the wise do in the beginning, fools do in the end.
Warren Buffett
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Warren Buffett
Age: 94
Born: 1930
Born: August 30
Entrepreneur
Financier
Investor
Shareholder
Omaha
Nebraska
Warren Edward Buffett
Fools
Investment
Beginning
Fool
Wise
Ends
More quotes by Warren Buffett
It makes a difference who the treasury secretary is.
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The Happiest people DO NOT necessarily have the BEST THINGS. They simply APPRECIATE the things they have.
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The smarter the journalists are, the better off society is. For to a degree, people read the press to inform themselves - and the better the teacher, the better the student body.
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It's got to be the best intellectual exercise out there. You're seeing through new situations every ten minutes. In the stock market you don't base your decisions on what the market is doing, but on what you think is rational. Bridge is about weighing gain/loss ratios. You're doing calculations all the time.
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You have no ability, if you're a financial institution and you're threatened with criminal prosecution, you have no ability to negotiate.
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When 40 billion of treasury bills are sold like, seven day treasury bills, at a yield of 1/20th of one percent, that means the whole country is basically at the point virtually, or a lot of the country is at the point of putting the money under the mattress.
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The stock market is a wonderfully efficient mechanism for transferring wealth from the impatient to the patient.
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We have usually made our best purchases when apprehensions about some macro event were at a peak. Fear is the foe of the faddist, but the friend of the fundamentalist.
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It's not debt per say that overwhelms an individual corporation or country. Rather it is a continuous increase in debt in relation to income that causes trouble.
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You only have to do a very few things right in your life so long as you don't do too many things wrong.
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You really don't need leverage in this world much. If you're smart, you're going to make a lot of money without borrowing. I've never borrowed a significant amount of money in my life. Never. Never will. I've got no interest in it.
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Money is not everything. Make sure you earn a lot before speaking such nonsense.
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Diversification is protection against ignorance. It makes little sense if you know what you are doing.
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It's just that right now the athlete's on the floor. But we - this is a super athlete.
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It's a lot easier to buy things than it is to sell them.
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The power of unconditional love. I mean, there is no power on earth like unconditional love.
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You don't need to be a rocket scientist. Investing is not a game where the guy with the 160 IQ beats the guy with 130 IQ.
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I think people - what people want to do is make [economy] get worse.
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If you've been playing poker for half an hour and you still don't know who the patsy is, you're the patsy.
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