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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
Bull markets and Bear markets can obscure mathematical laws, they cannot repeal them.
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Inflation could be a very - is a likely consequence out of what's going on now.
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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 fundamental basis of above-average performance in the long run is sustainable competitive advantage.
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The advice you never go broke taking a profit is foolish.
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You shouldn't own common stocks if a 50 per cent decrease in their value in a short period of time would cause you acute distress.
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If principles can become dated, they're not principles.
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I make plenty of mistakes and I'll make plenty more mistakes, too. That's part of the game. You've just got to make sure that the right things overcome the wrong ones.
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Money is not everything. Make sure you earn a lot before speaking such nonsense.
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The .350 hitter expects, and also deserves, a big payoff for his performance - even if he plays for a cellar-dwelling team. And a .150 hitter should get no reward - even if he plays for a pennant winner.
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I made my first investment at age eleven. I was wasting my life up until then.
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Do not take yearly results too seriously. Instead, focus on four or five-year averages.
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Although we deal with probabilities and expectations, the actual results can deviate substantially from such expectations, particularly on a short-term basis.
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The dominant factors affecting control valuations are earning power (past and prospective) and asset values.
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Credit worthiness is like virginity, it can be preserved but not restored very easily, so it is crazy to play around with it.
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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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I believe the chance of any event causing Berkshire to experience financial problems is essentially zero. We will always be prepared for the thousand-year flood in fact, if it occurswe will be selling life jackets to the unprepared.
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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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You don't have to be a genius to invest well
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Time is the friend of the wonderful company, the enemy of the mediocre.
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