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You should invest in a business that even a fool can run, because someday a fool will.

Warren Buffett

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Warren Buffett
Age: 94
Born: 1930
Born: August 30
Entrepreneur
Financier
Investor
Shareholder
Omaha
Nebraska
Warren Edward Buffett
Business
Running
Even
Invest
Someday
Fool

More quotes by Warren Buffett

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When we went crazy, and we did go crazy on residential real estate, it set things in motion that just - the dominoes started toppling.
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When we own portions of outstanding businesses with outstanding managements, our favorite holding period is forever.
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The power of unconditional love. I mean, there is no power on earth like unconditional love.
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In my view, [the trade deficit] will create political turmoil at some point...Pretty soon, I think there will be a big adjustment.
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We've got a wonderful economic formula in this country.
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Observing that the market was FREQUENTLY efficient, EMT Adherents went on to conclude incorrectly that it was ALWAYS efficient. The difference between these propositions is night and day.
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Cash combined with courage in a time of crisis is priceless.
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You don't want 300 million Americans putting their money under the mattress.
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I have a house that I bought 55 years ago. It's warm in the winter it's cool in the summer. It has everything I wanted, plus it has all kinds of good memories. Like my kids, I have good thoughts about that. I can't imagine living any better.
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...I will give you two pieces of advice. Invest as much in yourself as you can you are your own best asset by far. Then follow your passion you want to be really excited to get out of bed every morning.
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Only when you combine sound intellect with emotional discipline do you get rational behavior.
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The most common cause of low prices is pessimism - sometimes pervasive, sometimes specific to a company or industry. We want to do business in such an environment, not because we like pessimism but because we like the prices it produces.
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I think the biggest thing we need is to unclog the credit markets, and we may need another stimulus - if we do, it's - it should go to the lower and middle-income people.
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The only time to buy these is on a day with no 'y' in it.
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Making money isn't the backbone of our guiding purpose making money is the by-product of our guiding purpose. If you're doing something you love, you're more likely to put your all into it, and that generally equates to making money
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The Noah rule: Predicting rain doesn't count building arks does.
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It's easier to create money than to spend it.
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When we really sit back with a smile on our face is when we run into a situation we can understand, where the facts are ascertainable and clear, and the course of action obvious.
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There is no substitute for a local newspaper that is doing its job.
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In the 20th century, the United States endured two world wars and other traumatic and expensive military conflicts the Depression a dozen or so recessions and financial panics oil shocks a flu epidemic and the resignation of a disgraced president. Yet the Dow rose from 66 to 11,497.
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