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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
Warren Buffett
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Warren Buffett
Age: 94
Born: 1930
Born: August 30
Entrepreneur
Financier
Investor
Shareholder
Omaha
Nebraska
Warren Edward Buffett
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Love
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More quotes by Warren Buffett
Every day that goes by, I mean, if you don't react to Pearl Harbor for a week or two weeks or three weeks, you're behind in the war that you otherwise would have fought.
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I don't know that I could draw one that's perfect. But I'd rather by approximately right than precisely wrong, and it would be precisely wrong to turn it down.
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Look for 3 things in a person. Intelligence, Energy, & Integrity. If they don't have the last one, don't even bother with the first two.
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The financial calculus that Charlie and I employ would never permit our trading a good night's sleep for a shot at a few extra percentage points of return. I've never believed in risking what my friends and family have and need in order to pursue what they don't have and don't need.
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I get to do what I like to do every single day of the year.
Warren Buffett
We simply attempt to be fearful when others are greedy and to be greedy only when others are fearful.
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The value of a business is the cash it's going to produce in the future.
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Managers thinking about accounting issues should never forget one of Abraham Lincoln's favorite riddles: How many legs does a dog have, if you call a tail a leg? The answer: Four, because calling a tail a leg doesn't make it a leg.
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I'm putting all my money in the Chinese toy market.
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A home is one of the most important assets that most people will ever buy. Homes are also where memories are made and you want to work with someone you can trust.
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You get what I call the natural progression, the three Is. The innovators, the imitators, and the idiots.
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To win, the first thing you have to do is not lose.
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In the long run managements stressing accounting appearance over economic substance usually achieve little of either.
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Market prices for stocks fluctuate at great amplitudes around intrinsic value but, over the long term, intrinsic value is virtually always reflected at some point in market price.
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Well, I think the biggest mistake is not learning the habits of saving properly early. Because saving is a habit. And then, trying to get rich quick. It's pretty easy to get well-to-do slowly. But it's not easy to get rich quick.
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Investing in a market where people believe in efficiency is like playing bridge with someone who has been told it doesn't do any good to look at the cards.
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Derivatives are like sex. It's not who we're sleeping with, it's who they're sleeping with that's the problem.
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We've got all the ingredients for a sensational future.
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A single year's performance is of minor importance and, good or bad, should never be taken seriously.
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How do you beat Bobby Fischer? You play him at any game but chess. I try to stay in games where I have an edge.
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