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My father was the best person i've ever known.
Warren Buffett
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Warren Buffett
Age: 94
Born: 1930
Born: August 30
Entrepreneur
Financier
Investor
Shareholder
Omaha
Nebraska
Warren Edward Buffett
Ever
Motivational
Known
Father
Inspirational
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Best
Person
More quotes by Warren Buffett
Wide diversification is only required when investors do not understand what they are doing.
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When we really sit back with a smile on our face is when we run into a situation we can understand, where the facts are ascertainable and clear, and the course of action obvious.
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Only those who will be sellers of equities in the near future should be happy at seeing stocks rise. Prospective purchasers should much prefer sinking prices.
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Never ask a barber if you need a haircut.
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An investor should act as though he had a lifetime decision card with just twenty punches on it.
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If, when making a stock investment, you're not considering holding it at least ten years, don't waste more than ten minutes considering it.
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Your premium brand had better be delivering something special, or it's not going to get the business.
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The advice you never go broke taking a profit is foolish.
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It's very important that the determination of the US Congress to do what is is needed be made evident this week and by the actions of most of the members. I mean, you're not going to get total assent.
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Tell me your heroes and I'll tell you how your life will end up
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I don't know that I could draw one that's perfect. But I'd rather by approximately right than precisely wrong, and it would be precisely wrong to turn it down.
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Personally, I really hope I can treat everyone equally. I think I have done a pretty good job so far but I know I can do it better.
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What we learn from history is that people don't learn from history.
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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.
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What you really want to do in investments is figure out what's important and knowable. If it's unimportant or unknowable you forget about it.
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America should stand for more than just wealth.
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I'll tell you why I like the cigarette business. It cost a penny to make. Sell it for a dollar. It's addictive. And there's a fantastic brand loyalty.
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The greater the potential for reward in the value portfolio, the less risk there is.
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We all make mistakes. If you can't make mistakes, you can't make decisions. I've made a lot bigger mistakes myself.
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This country is going - be living better ten years from now than it is now. It will be living better in 20 years from now than ten years from now. The ingredients that made this country, you know, the miracle of the world - I mean we had a seven for one improvement in the average American standard of living in the 20th century.
Warren Buffett
