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Investing is forgoing consumption now in order to have the ability to consume more at a later date.
Warren Buffett
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Warren Buffett
Age: 94
Born: 1930
Born: August 30
Entrepreneur
Financier
Investor
Shareholder
Omaha
Nebraska
Warren Edward Buffett
Consume
Consumption
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Investing
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More quotes by Warren Buffett
There's nothing inappropriate about having debt in America. It's what helped us grow over time. And it's when debt gets out of control that you worry.
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Turnarounds seldom turn.
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Like most trends, at the beginning it's driven by fundamentals, at some point speculation takes over. What the wise man does in the beginning, the fool does in the end.
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The greatest investment a young person can make is in their own education, in their own mind. Because money comes and goes. Relationships come and go. But what you learn once stays with you forever.
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Chains of habit are too light to be felt until they are too heavy to be broken.
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You don't need to have extraordinary effort to achieve extraordinary results. You just need to do the ordinary, everyday things exceptionally well.
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Wall Street is the only place that people ride to in a Rolls Royce to get advice from those who take the subway.
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We don't read other people's opinions. We want to get the facts, and then think.
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The purpose of life is to be loved by as many people as possible among those you want to have love you
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If you have more than 120 or 130 I.Q. points, you can afford to give the rest away. You don't need extraordinary intelligence to succeed as an investor.
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Investing is simple, but not easy.
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Only when you combine sound intellect with emotional discipline do you get rational behavior.
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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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Knowing what to leave out is just as important as knowing what to focus on.
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I think that actually people in my situation should be paying more tax.
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A market downturn, doesn't bother us. For us and our long term investors, it is an opportunity to increase our ownership of great companies with great management at good prices. Only for short term investors and market timers is a correction not an opportunity.
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When the president of the United States goes out at, you know, 8:00 o'clock in the morning and then his own party votes gets him 2 to 1 in the house, you know that somehow a message isn't getting out. It takes real leadership.
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We believe that according the name 'investors' to institutions that trade actively is like calling someone who repeatedly engages in one-night stands a 'romantic.'
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Asking for financial advice from a financial planner is like asking a barber if you need a hair cut.
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It's easier to create money than to spend it.
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