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If you want to shoot rare, fast-moving elephants, you should always carry a loaded gun.
Warren Buffett
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Warren Buffett
Age: 94
Born: 1930
Born: August 30
Entrepreneur
Financier
Investor
Shareholder
Omaha
Nebraska
Warren Edward Buffett
Rare
Shoot
Investing
Gun
Carry
Fast
Moving
Loaded
Always
Elephants
More quotes by Warren Buffett
The obligation of a society as prosperous as ours is to figure out how nobody gets left too far behind.
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OUR leaders have asked for “shared sacrifice.” But when they did the asking, they spared me. I checked with my mega-rich friends to learn what pain they were expecting. They, too, were left untouched.
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It's better to build than to buy if you can find the right people.
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What we really want to do is buy businesses that we would be happy to own forever.
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Does the business have a consistent operating history?
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The secret to happiness is having low expectations.
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When a management with a reputation for brilliance tackles a business with a reputation for bad economics, it is the reputation of the business that remains intact.
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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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We always see shifts in employment. If you think about it, if you go back to 1800, it took 80 percent of the labor force to produce enough food for the country. Now it takes less than 3 percent. Well, the truth is that market systems move people around.
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When a management with reputation for brilliance gets hooked up with a business with a reputation for bad economics, it's the reputation of the business that remains intact.
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I learned to go into business only with people whom I like, trust, and admire.
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Much success can be attributed to inactivity. Most investors cannot resist the temptation to constantly buy and sell.
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In a commodity business, it's very hard to be smarter than your dumbest competitor.
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The only way to get love is to be lovable. It's very irritating if you have a lot of money. You'd like to think you could write a check: I'll buy a million dollars' worth of love. But it doesn't work that way. The more you give love away, the more you get.
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We like to buy businesses, but we don't like to sell them.
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Activity is the enemy of investment returns.
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Tell me your heroes and I'll tell you how your life will end up
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We have long felt that the only value of stock forecasters is to make fortune-tellers look good.
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I can do anything I want, basically, as long as it doesn't involve athletic ability, or something like that.
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I know the country works extremely well. You know, but when it isn't clogged up.
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