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Do what you love and work for whom you admire the most, and you've given yourself the best chance in life you can.
Warren Buffett
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Warren Buffett
Age: 94
Born: 1930
Born: August 30
Entrepreneur
Financier
Investor
Shareholder
Omaha
Nebraska
Warren Edward Buffett
Life
Admire
Chance
Given
Best
Work
Love
More quotes by Warren Buffett
I happen to have a talent for allocating capital. But my ability to use that talent is completely dependent on the society I was born into. If I'd been born into a tribe of hunters, this talent of mine would be pretty worthless. I can't run very fast. I'm not particularly strong. I'd probably end up as some wild animal's dinner.
Warren Buffett
It's got to be the best intellectual exercise out there. You're seeing through new situations every ten minutes. In the stock market you don't base your decisions on what the market is doing, but on what you think is rational. Bridge is about weighing gain/loss ratios. You're doing calculations all the time.
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The thing to do is to keep your mind when the world around you is losing theirs.
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Take the high road it's far less crowded.
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I think the FDIC was one of the great inventions of the American.
Warren Buffett
In economics, you always want to ask 'And then what?'
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You know, people talk about this being an uncertain time. You know, all time is uncertain. I mean, it was uncertain back in - in 2007, we just didn't know it was uncertain. It was - uncertain on September 10th, 2001. It was uncertain on October 18th, 1987, you just didn't know it.
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If you don’t feel comfortable making a rough estimate of the asset’s future earnings, just forget it and move on. No one has the ability to evaluate every investment possibility. But omniscience isn’t necessary you only need to understand the actions you undertake.
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If horses had controlled investment decisions, there would have been no auto industry.
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We've got all the ingredients for a sensational future.
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It isn't given to man to be able to run a financial institution where different interest-rate scenarios will prevail on all of that so as to produce kind of smooth, regular earnings from a very large base to start with.
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I think people - what people want to do is make [economy] get worse.
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Emotional makeup is more important than technical skill
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Managers that always promise to 'make the numbers' will at some point be tempted to make up the numbers.
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You should invest like a Catholic marries: for life.
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Consciously paying more for a stock than its calculated value - in the hope that it can soon be sold for a still-higher price - should be labelled speculation
Warren Buffett
Many stock options in the corporate world have worked in exactly that fashion: they have gained in value simply because management retained earnings, not because it did well with the capital in its hands.
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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.
Warren Buffett
In the business world, the rearview mirror is always clearer than the windshield.
Warren Buffett
Earnings can be pliable as putty when a charlatan heads the company reporting them.
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