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It is impossible to unsign a contract, so do all your thinking before you sign.

Warren Buffett

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Warren Buffett
Age: 94
Born: 1930
Born: August 30
Entrepreneur
Financier
Investor
Shareholder
Omaha
Nebraska
Warren Edward Buffett
Thinking
Contract
Contracts
Sign
Impossible

More quotes by Warren Buffett

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If you buy things you do not need, soon you will have to sell things you need.
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The ability to say no is a tremendous advantage for an investor.
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Having first rate people on the team is more important than designing hierarchies and clarifying who reports to whom.
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If you own a wonderful business...the best thing to do is keep it. All you're going to do is trade your wonderful business for a whole bunch of cash, which isn't as good as the business, and you got the problem of investing in other businesses, and you probably paid a tax in between. So my advice to anybody who owns a wonderful business is keep it.
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When you're associating with the people that you love, doing what you love, it doesn't get any better than that.
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Goldman Sachs saying they might be interested in such an investment. I'm familiar with the company. I've known the management, the current management, Jack Welch before Jeff Immelt. I've known him for decades.
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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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You shouldn't own common stocks if a 50 per cent decrease in their value in a short period of time would cause you acute distress.
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I think the worst mistake you can make in stocks is to buy or sell based on current headlines.
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You don't need to be a rocket scientist. Investing is not a game where the guy with the 160 IQ beats the guy with 130 IQ.
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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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Focus on return on equity, not earnings per share.
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I mean the truth is, I've never had it so good in terms of taxes. I am paying the lowest tax rate that I've ever paid in my life.
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Personally, I really hope I can treat everyone equally. I think I have done a pretty good job so far but I know I can do it better.
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it's a good idea to review past mistakes before committing new ones.
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If you don't find a way to make money while you sleep, you will work until you die.
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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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We like to buy businesses, but we don't like to sell them.
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In the business world, the rearview mirror is always clearer than the windshield.
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Our system works. Over time, people will live better and better. We have a system that unleashes human potential, and now China has a system that unleashes human potential. We will have interruptions. We overshoot and undershoot sometimes, but your kids and grandkids will live better than you. Over time, we move ahead at a pretty damn rapid rate.
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