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There is no substitute for a local newspaper that is doing its job.

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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More quotes by Warren Buffett

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If I taught a class, on my final exam I would take an Internet company and ask, 'How much is this company worth?' Anyone who would answer, I would flunk.
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When you combine ignorance and leverage, you get some pretty interesting results.
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That's the reality of what they're going to sell them to the Treasury for.
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As one of my older friends says, Nostalgia just isn't what it used to be. Let's take a stab at it, anyway.
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... it's important to have the right monetary policy. It's important for, to have the right fiscal policy. But it's nowhere near as important as just the normal regenerative capacity of American capitalism.
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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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I don't look to jump over 7-foot bars: I look around for 1-foot bars that I can step over.
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Traditional wisdom is long on tradition and short on wisdom.
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If I subscribed to the efficient market theory I would still be delivering papers
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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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Taking jobs to build up your resume is the same as saving up sex for old age.
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I am not in the business of predicting general stock market of business fluctuations. If you think I can do this, or think it is essential to an investment program, you should not be in the partnership.
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A lot of people disagree with me on this, I believe in mark to market.
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A very rich person should leave his kids enough to do anything, but not enough to do nothing.
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Knowing what to leave out is just as important as knowing what to focus on.
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The big question about how people behave is whether they've got an Inner Scorecard or an Outer Scorecard. It helps if you can be satisfied with an Inner Scorecard.
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Whatever you like to do, make it a hobby and whatever the world likes to do, make it a business.
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Problems in a company are like cockroaches in the kitchen. You will never find just one
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The best thing that happens to us is when a great company gets into temporary trouble...We want to buy them when they're on the operating table.
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We simply attempt to be fearful when others are greedy and to be greedy only when others are fearful.
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