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I measure success by how many people love me. And the best way to be loved is to be lo veable.
Warren Buffett
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Warren Buffett
Age: 94
Born: 1930
Born: August 30
Entrepreneur
Financier
Investor
Shareholder
Omaha
Nebraska
Warren Edward Buffett
People
Measure
Loved
Success
Best
Many
Way
Love
More quotes by Warren Buffett
Time is the friend of the wonderful company, the enemy of the mediocre.
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When it's raining gold, reach for a bucket, not a thimble.
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I did not think I would see the day when, you know, an AIG would not be able to have its checks clear.
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Derivatives are like sex. It's not who we're sleeping with, it's who they're sleeping with that's the problem.
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The latter qualification brings to mind a fellow who applied for a job and stated he had twenty years of experience-which was corrected by a former employer to read one year's experience-twenty times.
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If you have a great manager, you want to pay him very well.
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It's us fun being a horse when the tractor comes along, or the blacksmith when the car comes along.
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If you want to shoot rare, fast-moving elephants, you should always carry a loaded gun.
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If you don't know the Jewelry, know the Jeweller
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An ounce of prevention is worth a pound of cure understated.
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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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The most common cause of low prices is pessimism - some times pervasive, some times specific to a company or industry. We want to do business in such an environment, not because we like pessimism but because we like the prices it produces. It's optimism that is the enemy of the rational buyer.
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We all make mistakes. If you can't make mistakes, you can't make decisions. I've made a lot bigger mistakes myself.
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It's good to learn from your mistakes. It's better to learn from other people's mistakes.
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I don't have my diploma from the University of Nebraska hanging on my office wall, and I don't have my diploma from Columbia up there either-but I do have my Dale Carnegie graduation certificate proudly displayed.
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It isn't given to man to be able to run a financial institution where different interest-rate scenarios will prevail on all of that so as to produce kind of smooth, regular earnings from a very large base to start with.
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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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