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It is better to point out your own mistakes than have somebody else do it.

Warren Buffett

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Warren Buffett
Age: 94
Born: 1930
Born: August 30
Entrepreneur
Financier
Investor
Shareholder
Omaha
Nebraska
Warren Edward Buffett
Point
Else
Better
Mistakes
Somebody
Mistake

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Risk comes from not knowing what you're doing.
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A stock doesn't know that you own it.
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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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I mean, Hank Paulson is in there [ Treasury] at the wrong time, probably shouldn't have taken the job. He's a friend of mine. But he knows markets, he knows corporations' work, he knows money, and he's got the interests of the country at heart.
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I prefer liquor store robbers with hungry kids to companies that locate offshore to avoid U.S. taxes.
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Chains of habit are too light to be felt until they are too heavy to be broken.
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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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You can't buy what is popular and do well.
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The key to life is to figure out who to be the batboy for.
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I try to buy stock in businesses that are so wonderful that an idiot can run them. Because sooner or later, one will.
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Always invest for the long term.
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The difference between successful people and really successful people is that really successful people say no to almost everything.
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If you're in a card game and you can't figure out who the patsy is, you're it.
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I put heavy weight on certainty. It's not risky to buy securities at a fraction of what they're worth.
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In the end we must have people to match our principles, not the reverse.
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I wouldn’t mind going to jail if I had three cellmates who played bridge
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We need to throw the resources at this that are necessary. But like I say, we are not spending money. I mean, if we buy these assets intelligently, the United States Treasury will make money. I mean, it's borrowing money. It's just a few percent a year.
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I don't think it would be crazy to have a model or an entity model on the Reconstruction Finance Corp.
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It's just that right now the athlete's on the floor. But we - this is a super athlete.
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Failing conventionally is the route to go as a group, lemmings may have a rotten image, but no individual lemming has ever received bad press
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