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The Stock Market is designed to transfer money from the Active to the Patient.

Warren Buffett

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Warren Buffett
Age: 94
Born: 1930
Born: August 30
Entrepreneur
Financier
Investor
Shareholder
Omaha
Nebraska
Warren Edward Buffett
Market
Wealth
Transfer
Money
Transfers
Stock
Designed
Investing
Patient
Active

More quotes by Warren Buffett

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Confidence is key. You're not going to put your money - you're not going to leave your money with me unless you're confident I'm going to give it back to you.
Warren Buffett
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Never invest in a business you can't understand
Warren Buffett
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I mean there is no capital requirements to it or anything of the sort. And basically, I said there were possibly financial weapons of mass destruction, and they had them. They destroyed AIG. They certainly contributed to the destruction of Bear Sterns and Lehman. Although Lehman had other problems, too.
Warren Buffett
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I mean, you may be very mad at some guy that walked away with a huge golden parachute, but that really isn't the important thing.
Warren Buffett
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The active investors will have their returns diminished by a far greater percentage than will their inactive brethren. That means that the passive group - the know-nothings - must win.
Warren Buffett
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The truth is that I've got all my net worth safely in Berkshire and I will never sell a share so there is no one more concerned about what happens after my death than I am.
Warren Buffett
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Investing is the greatest business in the world because you never have to swing. You stand at the plate the pitcher throws you General Motors at 47! U.S. Steel at 39! And nobody calls a strike on you. There's no penalty except opportunity. All day you wait for the pitch you like then, when the fielders are asleep, you step up and hit it.
Warren Buffett
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When I take a look at a company's annual report, if I don't understand it, they don't want me to understand it.
Warren Buffett
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In some corner of the world they are probably still holding regular meetings of the Flat Earth Society. We derive no comfort because important people, vocal people, or great numbers of people agree with us. Nor do we derive comfort if they don't.
Warren Buffett
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If you gave me $100 billion and said take away the soft drink leadership of Coca-Cola in the world, I'd give it back to you and say it can't be done.
Warren Buffett
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Very successful people say no to almost everything.
Warren Buffett
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You don't want 300 million Americans putting their money under the mattress.
Warren Buffett
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Investment must be rational if you can't understand it, don't do it.
Warren Buffett
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The thing to do is to keep your mind when the world around you is losing theirs.
Warren Buffett
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Well, I think the biggest mistake is not learning the habits of saving properly early. Because saving is a habit. And then, trying to get rich quick. It's pretty easy to get well-to-do slowly. But it's not easy to get rich quick.
Warren Buffett
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You're neither right nor wrong because other people agree with you. You're right because your facts are right and your reasoning is right - that's the only thing that makes you right. And if your facts and reasoning are right, you don't have to worry about anybody else.
Warren Buffett
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I do not like debt and do not like to invest in companies that have too much debt, particularly long-term debt. With long-term debt, increases in interest rates can drastically affect company profits and make future cash flows less predictable.
Warren Buffett
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When you're associating with the people that you love, doing what you love, it doesn't get any better than that.
Warren Buffett
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There seems to be some perverse human characteristic that likes to make easy things difficult.
Warren Buffett
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Buy a business, don't rent stocks.
Warren Buffett