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The truth is, everything that has happened in my life... that I thought was a crushing event at the time, has turned out for the better.
Warren Buffett
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Warren Buffett
Age: 94
Born: 1930
Born: August 30
Entrepreneur
Financier
Investor
Shareholder
Omaha
Nebraska
Warren Edward Buffett
Happened
Thought
Truth
Better
Crushing
Everything
Crush
Time
Event
Life
Turned
Events
More quotes by Warren Buffett
I could end the deficit in 5 minutes. You just pass a law that says that anytime there is a deficit of more than 3% of GDP all sitting members of congress are ineligible for reelection.
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If at first you do succeed, quit trying on investing.
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If the reason for doing something is that everyone else is doing it, it's not a good enough reason.
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The same things happen to quite an extent around the globe. I mean, the European banks were doing what the American banks were.
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Money to some extent sometimes let you be in more interesting environments. But it can't change how many people love you or how healthy you are.
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We need a tax system that essentially takes very good care of the people who just really aren't as well adapted to the market system but are nevertheless doing useful things in the society.
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I don't like what's going on with the executive compensation.
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People always ask me where they should go to work, and I always tell them to go to work for whom they admire the most.
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You can't help some increase from this point. I don't want any viewer to go away think a magic wand exists in Congress. So they're going to see some more bad news. But if we do this, we're doing the right thing.
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I just don't see anything available that gives any reasonable hope of delivering such a good year and I have no desire to grope around, hoping to 'get lucky' with other people's money. I am not attuned to this market environment, and I don't want to spoil a decent record by trying to play a game I don't understand just so I can go out a hero.
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The typical large company has a compensation committee, They don't look for Dobermans on that committee, they look for chihuahuas.
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Americans are in a cycle of fear which leads to people not wanting to spend and not wanting to make investments, and that leads to more fear. We'll break out of it. It takes time.
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You can't make a good deal with a bad person.
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You pay a very high price in the stock market for a cheery consensus.
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