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If you gave me $100 billion and said take away the soft drink leadership of Coca-Cola in the world, I'd give it back to you and say it can't be done.
Warren Buffett
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Warren Buffett
Age: 94
Born: 1930
Born: August 30
Entrepreneur
Financier
Investor
Shareholder
Omaha
Nebraska
Warren Edward Buffett
Giving
Gave
World
Leadership
Drink
Away
Cola
Give
Coca
Back
Billion
Take
Soft
Done
Billions
More quotes by Warren Buffett
They [Goverment] take from the woman who comes in and takes the wastebaskets out.
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Investing is the greatest business in the world because you never have to swing. You stand at the plate the pitcher throws you General Motors at 47! U.S. Steel at 39! And nobody calls a strike on you. There's no penalty except opportunity. All day you wait for the pitch you like then, when the fielders are asleep, you step up and hit it.
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Don't invest in pieces of papers (stocks), invest in great businesses underlying them
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Nothing sedates rationality like large doses of effortless money.
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We always see shifts in employment. If you think about it, if you go back to 1800, it took 80 percent of the labor force to produce enough food for the country. Now it takes less than 3 percent. Well, the truth is that market systems move people around.
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The plan itself is opportunism. There is no plan before that.
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The smarter the journalists are, the better off society is. For to a degree, people read the press to inform themselves - and the better the teacher, the better the student body.
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When I take a look at a company's annual report, if I don't understand it, they don't want me to understand it.
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You should invest in a business that even a fool can run, because someday a fool will.
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You have to be able to communicate in life and probably schools underemphasize that. If you can't talk to people or write, you're giving up your potential.
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We intend to continue our practice of working only with people whom we like and admire. This policy not only maximizes our chances for good results, it also ensures us an extraordinarily good time.
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It irritates the hell out of me but you can't buy love.
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In some corner of the world they are probably still holding regular meetings of the Flat Earth Society. We derive no comfort because important people, vocal people, or great numbers of people agree with us. Nor do we derive comfort if they don't.
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Derivatives are financial weapons of mass destruction.
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In the great majority of cases we simply do not know enough about the industry or company to come to sensible judgments-in that situation we pass.
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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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A prediction about the direction of the stock market tells you nothing about where stocks are headed, but a whole lot about the person doing the predicting.
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Investing is forgoing consumption now in order to have the ability to consume more at a later date.
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Derivatives are like sex. It's not who we're sleeping with, it's who they're sleeping with that's the problem.
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People went crazy with tulip bulbs. They went crazy with the South Sea Bubble, they went crazy internet stocks, they went crazy with the uranium stocks back when I was first getting started.
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