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The (stock) market is there only as a reference point to see if anybody is offering to do anything foolish. When we invest in stocks, we invest in businesses.
Warren Buffett
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Warren Buffett
Age: 94
Born: 1930
Born: August 30
Entrepreneur
Financier
Investor
Shareholder
Omaha
Nebraska
Warren Edward Buffett
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Stocks
More quotes by Warren Buffett
It's much easier to stay out of trouble now than to get out of trouble later.
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We've got all the ingredients for a sensational future.
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A very rich person should leave his kids enough to do anything, but not enough to do nothing.
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it's a good idea to review past mistakes before committing new ones.
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You can't produce a baby in one month by getting nine women pregnant.
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Read Ben Graham and Phil Fisher read annual reports, but don't do equations with Greek letters in them.
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Market prices for stocks fluctuate at great amplitudes around intrinsic value but, over the long term, intrinsic value is virtually always reflected at some point in market price.
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Never be afraid to ask for too much when selling or offer too little when buying.
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When you're associating with the people that you love, doing what you love, it doesn't get any better than that.
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The most important investment you can make is in yourself. Very few people get anything like their potential horsepower translated into the actual horsepower of their output in life. Potential exceeds realization for many people...The best asset is your own self. You can become to an enormous degree the person you want to be.
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Failure comes from ego, greed, envy, fear, imitation. I have success not because I am smart, but because I am rational.
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We don't get paid for being busy, we get paid for being right.
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Do not save what is left after spending, but spend what is left after saving.
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I buy expensive suits - they just look cheap on me.
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All I have to do is think and not be influenced by others.
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That which is not worth doing at all is not worth doing well.
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What motivates most gold purchasers is their belief that the ranks of the fearful will grow ... As 'bandwagon' investors join any party, they create their own truth - for a while.
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Never ask a barber if you need a haircut.
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When you listen to tax-cut rhetoric, remember that giving one class of taxpayer a break requires - now or down the line - that an equivalent burden be imposed on other parties. In other words, if I get a break, someone else pays. Government can't deliver a free lunch to the country as a whole. It can however, determine who pays for lunch.
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I am quite serious when I say that I do not believe there are, on the whole earth besides, so many intensified bores as in these United States. No man can form an adequate idea of the real meaning of the word, without coming here.
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