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If you expect to continue to purchase stocks throughout your life, you should welcome price declines as a way to add stocks more cheaply to your portfolio.
Warren Buffett
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Warren Buffett
Age: 94
Born: 1930
Born: August 30
Entrepreneur
Financier
Investor
Shareholder
Omaha
Nebraska
Warren Edward Buffett
Continue
Stocks
Way
Decline
Investing
Life
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Cheaply
Throughout
Declines
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Price
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Purchase
More quotes by Warren Buffett
We simply attempt to be fearful when others are greedy and to be greedy only when others are fearful.
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The American economy is going to do fine. But it won't do fine every year and every week and every month. I mean, if you don't believe that, forget about buying stocks anyway... It's a positive-sum game, long term. And the only way an investor can get killed is by high fees or by trying to outsmart the market.
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It's the deleveraging that's going on right now that has caused the credit crisis.
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I have worked with investors for 60 years and I have yet to see anyone - not even when capital gains rates were 39.9 percent in 1976-77 - shy away from a sensible investment because of the tax rate on the potential gain.
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I would say it's more important who the treasury secretary is than who the vice president is. If you want to have a debate here, I'd like a debate between potential treasury secretaries than the vice presidential debate.
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Making money isn't the backbone of our guiding purpose it is the by-product of our guiding purpose.
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Never depend on single income. Make investment to create a second source.
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The [stock] market,like the Lord, helps those who help themselves. But, unlike the Lord, the market does not forgive those who know not what they do.
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There's nothing inappropriate about having debt in America. It's what helped us grow over time. And it's when debt gets out of control that you worry.
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We've seen what can be accomplished when we use 50% of our human capacity. If you visualize what 100% can do, you'll join me as an unbridled optimist about America's future.
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The less prudence with which others conduct their affairs, the greater the prudence with which we should conduct our own affairs.
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We like to buy businesses, but we don't like to sell them.
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The purpose of life is to be loved by as many people as possible among those you want to have love you
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If I eat 2,700 calories a day, a quarter of that is Coca-Cola.
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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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You will be right, over the course of many transactions, if your hypotheses are correct, your facts are correct, and your reasoning is correct. True conservatism is only possible through knowledge and reason.
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Buy into a company because you want to own it, not because you want the stock to go up.
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Look for companies with high profit margins.
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I buy expensive suits - they just look cheap on me.
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The dominant factors affecting control valuations are earning power (past and prospective) and asset values.
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