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Turnarounds seldom turn.
Warren Buffett
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Warren Buffett
Age: 94
Born: 1930
Born: August 30
Entrepreneur
Financier
Investor
Shareholder
Omaha
Nebraska
Warren Edward Buffett
Turns
Turnaround
Seldom
Investing
Turn
More quotes by Warren Buffett
Look for companies with high profit margins.
Warren Buffett
I always knew I was going to be rich. I don't think I ever doubted it for a minute.
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I certainly have no desire to sell a good controlled business run by people I like and admire, merely to obtain a fancy price. However, specific conditions may cause the sale of one operating unit at some point.
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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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The best thing I did was choose the right heroes.
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I may have more money than you, but money doesn't make the difference. If there is any difference between you and me, it may simply be that I get up and have a chance to do what I love to do, every day. If you learn anything from me, this is the best advice I can give you.
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The future is never clear you pay a very high price in the stock market for a cheery consensus. Uncertainty actually is the friend of the buyer of long-term values.
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The Stock Market is designed to transfer money from the Active to the Patient.
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In the search [of a deal], we adopt the same attitude one might find appropriate in looking for a spouse: It pays to be active, interested, and open-minded, but it does not pay to be in a hurry.
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A bull market is like sex. It feels best just before it ends.
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Let blockheads read what blockheads wrote.
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I've seen more people fail because of liquor and leverage -- leverage being borrowed money. You really don't need leverage in this world much. If you're smart, you're going to make a lot of money without borrowing.
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Much success can be attributed to inactivity. Most investors cannot resist the temptation to constantly buy and sell.
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I measure success by how many people love me. And the best way to be loved is to be lo veable.
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Charlie [Munger] and I are not big fans of resumes. Instead, we focus on brains, passion and integrity.
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I would say the most satisfying thing actually is watching my three children each pick up on their own interests and work many more hours per week than most people that have jobs at trying to intelligently give away that money in fields that they particularly care about.
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It is madness to risk losing what you need in pursuing what you simply desire.
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I am not in the business of predicting general stock market of business fluctuations. If you think I can do this, or think it is essential to an investment program, you should not be in the partnership.
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Why not invest your assets in the companies you really like? As Mae West said, 'Too much of a good thing can be wonderful'.
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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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