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Too often, a vast collection of possessions ends up possessing its owner. The asset I most value, aside from health, is interesting, diverse, and long-standing friends.
Warren Buffett
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Warren Buffett
Age: 94
Born: 1930
Born: August 30
Entrepreneur
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Omaha
Nebraska
Warren Edward Buffett
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More quotes by Warren Buffett
I think what people understand there probably - well, they were hoping the private sector would do it [rescuing AIG ].
Warren Buffett
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.
Warren Buffett
Derivatives are like sex. It's not who we're sleeping with, it's who they're sleeping with that's the problem.
Warren Buffett
There is seldom just one cockroach in the kitchen. You know, you turn on the light and, all of sudden, they all start scurrying around.
Warren Buffett
Focus on return on equity, not earnings per share.
Warren Buffett
You need a lot of curiosity for a long, long time.
Warren Buffett
If I eat 2,700 calories a day, a quarter of that is Coca-Cola.
Warren Buffett
It takes 20 years to build a reputation and five minutes to ruin it. If you think about that, you'll do things differently.
Warren Buffett
My idea of a group decision is to look in the mirror.
Warren Buffett
If you want to soar like an eagle in life, you can't be flocking with the turkeys.
Warren Buffett
It's class warfare, my class is winning, but they shouldn't be.
Warren Buffett
Emotional makeup is more important than technical skill
Warren Buffett
Of the billionaires I have known, money just brings out the basic traits in them. If they were jerks before they had money, they are simply jerks with a billion dollars.
Warren Buffett
I view derivatives as time bombs, both for the parties that deal in them and the economic system.
Warren Buffett
Everybody's got a different circle of competence. The important thing is not how big the circle is. The important thing is staying inside the circle.
Warren Buffett
Activity is the enemy of investment returns.
Warren Buffett
You can be sure that over the next 10 years, you'll see something that you did not think was possible.
Warren Buffett
One of the ironies of the stock market is the emphasis on activity. Brokers, using terms such as 'marketability' and 'liquidity,' sing the praises of companies with high share turnover... but investors should understand that what is good for the croupier is not good for the customer. A hyperactive stock market is the pick pocket of enterprise.
Warren Buffett
You have hedge funds and people like that buying these assets to yield 15 or 20 percent, I mean, that's the buyer for these people that are trying to unload them.
Warren Buffett
Outstanding long-term results are produced primarily by avoiding dumb decisions, rather than by making brilliant ones.
Warren Buffett