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With a wonderful business, you can figure out what will happen you can't figure out when it will happen. You don't want to focus on when, you want to focus on what. If you're right about what, you don't have to worry about when

Warren Buffett

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Warren Buffett
Age: 94
Born: 1930
Born: August 30
Entrepreneur
Financier
Investor
Shareholder
Omaha
Nebraska
Warren Edward Buffett
Right
Figure
Figures
Focus
Worry
Happen
Wonderful
Business
Happens
Investing

More quotes by Warren Buffett

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If you want to soar like an eagle in life, you can't be flocking with the turkeys.
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I’ve never believed in risking what my family and friends have and need in order to pursue what they don’t have and don’t need.
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Failing conventionally is the route to go as a group, lemmings may have a rotten image, but no individual lemming has ever received bad press
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If you own the only newspaper in town, up until the last five years or so, you have pricing power and you didn't have to go to the office.
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Never invest in a business you don't understand.
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I don't want to be on the other side of the table from the customer. I was never selling anything that I didn't believe in myself or use myself.
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The one piece of advice I can give you is, do what turns you on. Do something that if you had all the money in the world, you’d still be doing it. You’ve got to have a reason to jump out of bed in the morning.
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You know, with your money and my brains, I mean, there's no telling how far we'd go.
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I have a wonderful family. I have a job that I love and wonderful people who help me with it. It can't get any better than that.
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Having a large amount of leverage is like driving a car with a dagger on the steering wheel pointed at your heart. If you do that, you will be a better driver. There will be fewer accidents but when they happen, they will be fatal.
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One’s objective should be to get it right, get it quick, get it out and get it over. Your problem won’t improve with age.
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During inflation, Goodwill is the gift that keeps on giving.
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The woman that comes in, takes the wastebasket away, she's paying 15.3 or whatever it is on payroll tax alone. I mean it is - I never had it so good.
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Do what you would do for free, having passion for what you do is the most important thing.
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I insist on a lot of time being spent, almost every day, to just sit and think. That is very uncommon in American business.
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You ought to be able to explain why you’re taking the job you’re taking, why you’re making the investment you’re making, or whatever it may be. And if it can’t stand applying pencil to paper, you’d better think it through some more. And if you can’t write an intelligent answer to those questions, don’t do it.
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Paradoxically, when 'dumb' money acknowledges its limitations, it ceases to be dumb.
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I think you are out of your mind if you keep taking jobs that you don't like because you think it will look good on your resume. Isn't that a little like saving up sex for your old age?
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I certainly have no desire to sell a good controlled business run by people I like and admire, merely to obtain a fancy price. However, specific conditions may cause the sale of one operating unit at some point.
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We intend to continue our practice of working only with people whom we like and admire. This policy not only maximizes our chances for good results, it also ensures us an extraordinarily good time.
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