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Equities will do well over time - you just have to avoid getting excited when other people are getting excited.
Warren Buffett
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Warren Buffett
Age: 94
Born: 1930
Born: August 30
Entrepreneur
Financier
Investor
Shareholder
Omaha
Nebraska
Warren Edward Buffett
Avoid
Excited
Getting
Wells
Well
Time
People
Equities
Equity
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My friends and I have been coddled long enough by a billionaire-friendly Congress.
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The first rule is not to lose. The second rule is not to forget the first rule.
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We set no volume goals in our insurance business generally-and certainly not in reinsurance-as virtually any volume can be achieved if profitability standards are ignored.
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Don't pass up something that's attractive today because you think you will find something way more attractive tomorrow.
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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.
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We need a tax system that essentially takes very good care of the people who just really aren't as well adapted to the market system but are nevertheless doing useful things in the society.
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I think it will get moving faster. I mean once you get it off the - once credit flows - now the recession is going to get worse.
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I think any time you couple the term Wall Street with bailout or something like that, you know - I don't like what's going on in Wall Street.
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The truth is, everything that has happened in my life... that I thought was a crushing event at the time, has turned out for the better.
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We've actually been pretty good on exports. I mean we are exporting 12% of our GDP now roughly.
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