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I really like my life. I've arranged my life so that I can do what I want.
Warren Buffett
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Warren Buffett
Age: 94
Born: 1930
Born: August 30
Entrepreneur
Financier
Investor
Shareholder
Omaha
Nebraska
Warren Edward Buffett
Buffets
Arranged
Investing
Really
Life
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More quotes by Warren Buffett
The great personal fortunes in the country weren't built on a portfolio of fifty companies. They were built by someone who identified one wonderful business. With each investment you make, you should have the courage and the conviction to place at least 10% of your net worth in that stock.
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I look for businesses in which I think I can predict what they're going to look like in ten to fifteen years time. Take Wrigley's chewing gum. I don't think the internet is going to change how people chew gum.
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AIG would be doing fine today. It was one of the ten largest companies in the United States in terms of market value, over 200 billion, the most respected insurer and everything in the world.
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Bull markets and Bear markets can obscure mathematical laws, they cannot repeal them.
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If you get to my age in life and nobody thinks well of you, I don't care how big your bank account is, your life is a disaster.
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Benign neglect, bordering on sloth, remains the hallmark of our investment process.
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Investors should remember that excitement and expenses are their enemies. And if they insist on trying to time their participation in equities, they should try to be fearful when others are greedy and greedy only when others are fearful.
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When the president of the United States goes out at, you know, 8:00 o'clock in the morning and then his own party votes gets him 2 to 1 in the house, you know that somehow a message isn't getting out. It takes real leadership.
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There are three kinds of people: 1. Innovators. 2. Imitators. 3. Idiots.
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It's never paid to bet against America.
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Never be afraid to ask for too much when selling or offer too little when buying.
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Do not take yearly results too seriously. Instead, focus on four or five-year averages.
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I did not think I would see the day when, you know, an AIG would not be able to have its checks clear.
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In looking for people to hire, look for three qualities: integrity, intelligence and energy. And if they don't have the first, the other two will kill you.
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We will only do with your money what we would do with our own.
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The stock market is a no-called-strike game. You don’t have to swing at everything – you can wait for your pitch.
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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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The only way to get love is to be lovable. It's very irritating if you have a lot of money. You'd like to think you could write a check: I'll buy a million dollars' worth of love. But it doesn't work that way. The more you give love away, the more you get.
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The managers at fault periodically report on the lesson they have learned from the latest disappointment. They then usually seek out future lessons.
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Managers and investors alike must understand that accounting numbers are the beginning, not the end, of business valuation.
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