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In one way, I'm sympathetic to the institutional reluctance to face the music. I'd give a lot to mark my weight to 'model' rather than to 'market.'
Warren Buffett
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Warren Buffett
Age: 94
Born: 1930
Born: August 30
Entrepreneur
Financier
Investor
Shareholder
Omaha
Nebraska
Warren Edward Buffett
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Market
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Institutional
More quotes by Warren Buffett
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It's never paid to bet against America. We come through things, but its not always a smooth ride.
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They say the chains of habit are too light to be felt until they are too heavy to be broken. The chains you put around yourself now have enormous consequences as you go through life.
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I make plenty of mistakes and I'll make plenty more mistakes, too. That's part of the game. You've just got to make sure that the right things overcome the wrong ones.
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You are lucky in life if you have the right heroes. I advise all of you, to the extent you can, to pick out a few heroes
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My job is essentially just corralling more and more and more facts and information, and occasionally seeing whether that leads to some action.
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If I were the treasury secretary or head of the Fed, you know, I would try to scare the hell the out of the private sector and say, you better save this because you're going down with the ship.
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Buy companies with strong histories of profitability and with a dominant business franchise.
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Confidence is key. You're not going to put your money - you're not going to leave your money with me unless you're confident I'm going to give it back to you.
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If you’re in the luckiest one per cent of humanity, you owe it to the rest of humanity to think about the other 99 per cent.
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When you combine ignorance and leverage, you get some pretty interesting results.
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Outstanding long-term results are produced primarily by avoiding dumb decisions, rather than by making brilliant ones.
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Diversification is a protection against ignorance. It makes very little sense for those who know what they're doing.
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If you have a harem of 40 women, you never get to know any of them very well.
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We will only do with your money what we would do with our own.
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All I have to do is think and not be influenced by others.
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