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It’s not that I want money. It’s the fun of making money and watching it grow.
Warren Buffett
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Warren Buffett
Age: 94
Born: 1930
Born: August 30
Entrepreneur
Financier
Investor
Shareholder
Omaha
Nebraska
Warren Edward Buffett
Watching
Grow
Fun
Grows
Making
Money
More quotes by Warren Buffett
I've made money over the years by buying into good companies, run by good people, at attractive prices. And I don't try and make it out of buying into the market at one point and selling at another point.
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An IPO is like a negotiated transaction - the seller chooses when to come public - and it's unlikely to be a time that's favourable to you.
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We've used up a lot of bullets. And we talk about stimulus. But the truth is, we're running a federal deficit that's 9 percent of GDP. That is stimulative as all get out. It's more stimulative than any policy we've followed since World War II.
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Take the probability of loss times the amount of possible loss from the probability of gain times the amount of possible gain. That is what we're trying to do. It's imperfect, but that's what it's all about.
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Bad terminology is the enemy of good thinking.
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The trick is, when there is nothing to do, do nothing.
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Asking for financial advice from a financial planner is like asking a barber if you need a hair cut.
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Never ask a barber if you need a haircut.
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We've seen what can be accomplished when we use 50% of our human capacity. If you visualize what 100% can do, you'll join me as an unbridled optimist about America's future.
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Do what you love and work for whom you admire the most, and you've given yourself the best chance in life you can.
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It's easy to identify many investment managers with great recent records. But past results, though important, do not suffice when prospective performance is being judged. How the record has been achieved is crucial.
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A lot of people disagree with me on this, I believe in mark to market.
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Focus on return on equity, not earnings per share.
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Traditional wisdom is long on tradition and short on wisdom.
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All there is to investing is picking good stocks at good times and staying with them as long as they remain good companies.
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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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Trust is like the air we breathe--when it's present, nobody really notices when it's absent, everybody notices.
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Does the business have favourable long term prospects?
Warren Buffett
Of the billionaires I have known, money just brings out the basic traits in them. If they were jerks before they had money, they are simply jerks with a billion dollars.
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Mr. Market is kind of a drunken psycho. Some days he gets very enthused, some days he gets very depressed. And when he get really enthused you sell to him, and if he gets depressed, you buy from him. There's no moral taint attached to that.
Warren Buffett