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If you don't know jewelry, know the jeweler.
Warren Buffett
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Warren Buffett
Age: 94
Born: 1930
Born: August 30
Entrepreneur
Financier
Investor
Shareholder
Omaha
Nebraska
Warren Edward Buffett
Jewelry
More quotes by Warren Buffett
If a business does well, the stock eventually follows.
Warren Buffett
He must never forget Charlie's plea: Tell me where I'm going to die, so I'll never go there.
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On his Giving Pledge philanthropy: The way I got the message out was to get a copy of FORBES, look down that 400 list and start making phone calls! Bill and Melinda [Gates] did the same thing. So keep publishing the list so I can milk it.
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When we own portions of outstanding businesses with outstanding managements, our favorite holding period is forever.
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People do, as long as you have markets, you'll have excesses.
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I have an 800 freephone number now that I call if I get the urge to buy an airline stock. I call at two in the morning and I say: My name is Warren and I'm an aeroholic. And then they talk me down.
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While the poor and middle class fight for us in Afghanistan, and while most Americans struggle to make ends meet, we mega-rich continue to get our extraordinary tax breaks.
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Turnarounds seldom turn.
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Beware [of] the investment activity that produces applause the great moves are usually greeted by yawns.
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If you're an investor, you're looking on what the asset is going to do, if you're a speculator, you're commonly focusing on what the price of the object is going to do, and that's not our game.
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Growth and value investing are joined at the hip.
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I'd rather have a $10 million business making 15 per cent than a $100 million business making 5 per cent.
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I'm the luckiest guy in the world in terms of what I do for a living. No one can tell me to do things I don't believe in or things I think are stupid.
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Our favorite holding period is forever.
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The financial calculus that Charlie and I employ would never permit our trading a good night's sleep for a shot at a few extra percentage points of return. I've never believed in risking what my friends and family have and need in order to pursue what they don't have and don't need.
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Mr. Market is your servant, not your guide.
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Knowing the edge of your competency is important. If you think you know more than you do, you will get in trouble.
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Anything can happen anytime in markets. And no advisor, economist, or TV commentator-and definitely not Charlie nor I-can tell you when chaos will occur. Market forecasters will fill your ear but will never fill your wallet.
Warren Buffett
A pin lies in wait for every bubble. And when the two eventually meet, a new wave of investors learns some very old lessons: First, many in Wall Street (a community in which quality control is not prized) will sell investors anything they will buy. Second, speculation is most dangerous when it looks easiest.
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Nothing sedates rationality like large doses of effortless money.
Warren Buffett