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Let blockheads read what blockheads wrote.
Warren Buffett
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Warren Buffett
Age: 94
Born: 1930
Born: August 30
Entrepreneur
Financier
Investor
Shareholder
Omaha
Nebraska
Warren Edward Buffett
Investing
Wrote
Read
Blockheads
More quotes by Warren Buffett
If you don't make mistakes you can't make decisions.
Warren Buffett
Either they're trying to con you or they're trying to con themselves.
Warren Buffett
We simply attempt to be fearful when others are greedy and to be greedy only when others are fearful.
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We don't have to be smarter than the rest. We have to be more disciplined than the rest.
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We've got all the ingredients for a sensational future.
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Look for 3 things in a person. Intelligence, Energy, & Integrity. If they don't have the last one, don't even bother with the first two.
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Earnings can be pliable as putty when a charlatan heads the company reporting them.
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For some reason, people take their cues from price action rather than from values. What doesn't work is when you start doing things that you don't understand or because they worked last week for somebody else. The dumbest reason in the world to buy a stock is because it's going up.
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We only want to link up with people whom we like, admire, and trust. ... We do not wish to join with managers who lack admirable qualities, no matter how attractive the prospects of their business. We've never succeeded in making a good deal with a bad person.
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The best asset is your own self. You can become to an enormous degree the person you want to be
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What we really want to do is buy businesses that we would be happy to own forever.
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The ability to say no is a tremendous advantage for an investor.
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Knowing what to leave out is just as important as knowing what to focus on.
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There's nothing inappropriate about having debt in America. It's what helped us grow over time. And it's when debt gets out of control that you worry.
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There is no question we have an access 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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It's going to be tough because the economy is going to be getting worse for a while. And it might fall off a cliff if this doesn't pass. But nobody will ever know that if it does.
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Honesty is a very expensive gift, Don't expect it from cheap people.
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Investing requires qualities of temperament way more than it requires qualities of intellect.
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I don't think it would be crazy to have a model or an entity model on the Reconstruction Finance Corp.
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