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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
Contract
Contracts
Sign
Impossible
Thinking
More quotes by Warren Buffett
Larger sums may be an advantage at some cases and a disadvantage at others.
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Does the business have favourable long term prospects?
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You're neither right nor wrong because other people agree with you. You're right because your facts are right and your reasoning is right - that's the only thing that makes you right. And if your facts and reasoning are right, you don't have to worry about anybody else.
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If I got a chance to take one percent of the deal either way, I would make that bet.
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I am a huge bull on this country. We will not have a double-dip recession at all. I see our businesses coming back almost across the board.
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Don't invest in pieces of papers (stocks), invest in great businesses underlying them
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I choose to work with every single person that I work with. That ends up being the most important factor. I don't interact with people I don't like or admire. That's the key. It's like marrying.
Warren Buffett
You can't make a good deal with a bad person.
Warren Buffett
The much-maligned idle rich have received a bad rap: They have maintained their wealth while many There is scarcely an instance of a man who has made a fortune by speculation and kept it. Andrew Carnegie of the energetic rich, aggressive real estate operators, corporate acquirers, oil drillers, etc. have their fortunes disappear.
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Investment decision should be made on the basis of the most probable compounding of after-tax net worth with minimum risk.
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Look for companies with high profit margins.
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If you're extremely rich, and you have got children, my theory was, you give them enough so they can do anything, but not enough so they can do nothing.
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Well, it may be all right in practice, but it will never work in theory
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I do know that when I am 60, I should be attempting to achieve different personal goals than those which had priority at age 20.
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Good profits simply are not inconsistent with good behavior.
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The dominant factors affecting control valuations are earning power (past and prospective) and asset values.
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Our marketable equities tell us by their operating results - not by their daily, or even yearly, price quotations - whether our investments are successful. The market may ignore business success for a while, but eventually will confirm it.
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Fear is the foe of the faddist, but the friend of the fundamentalist.
Warren Buffett
I mean, if Pearl Harbor came along, you could have said the planning was wrong by the military ahead of time or maybe the battleships shouldn't have all been in the harbor and all that kind of thing.
Warren Buffett
We have learned to turn out lots of goods and services, but we haven't learned as well how to have everybody share in the bounty. The obligation of a society as prosperous as ours is to figure out how nobody gets left too far behind.
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