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Charlie and I have a number of filters that things have to get through before we'll think about them.
Warren Buffett
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Warren Buffett
Age: 94
Born: 1930
Born: August 30
Entrepreneur
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Omaha
Nebraska
Warren Edward Buffett
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More quotes by Warren Buffett
It's better to hang out with people better than you. Pick out associates whose behavior is better than yours and you'll drift in that direction.
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What's going to happen - things we're doing are going to have some inflationary consequences.
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Problems in a company are like cockroaches in the kitchen. You will never find just one
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The stockmarket is a semi-psychotic creature given to extremes of elation and despair.
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... it's important to have the right monetary policy. It's important for, to have the right fiscal policy. But it's nowhere near as important as just the normal regenerative capacity of American capitalism.
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We don't read other people's opinions. We want to get the facts, and then think.
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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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If you gave me the choice of being CEO of General Electric or IBM or General Motors, you name it, or delivering papers, I would deliver papers. I would. I enjoyed doing that. I can think about what I want to think. I don't have to do anything I don't want to do.
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Working with people who cause your stomach to churn seems much like marrying for money - probably a bad idea under any circumstances, but absolute madness if you are already rich.
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The most dangerous distractions are the ones you love, but that don’t love you back.
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You should invest like a Catholic marries: for life.
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We always live in an uncertain world. What is certain is that the United States will go forward over time.
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The truth is that I've got all my net worth safely in Berkshire and I will never sell a share so there is no one more concerned about what happens after my death than I am.
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Investing is forgoing consumption now in order to have the ability to consume more at a later date.
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If a business does well, the stock eventually follows.
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Asking for financial advice from a financial planner is like asking a barber if you need a hair cut.
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The banking business is no favorite of ours. When assets are twenty times equity - a common ratio in this industry - mistakes that involve only a small portion of assets can destroy a major portion of equity. And mistakes have been the rule rather than the exception at many major banks.
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When a management with a reputation for brilliance tackles a business with a reputation for bad economics, it is the reputation of the business that remains intact.
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I don't want to hold out false hopes that the - by some magic moment, that things will turn around in a couple months because they wouldn't, Charlie. I mean, and it's a big mistake to try and mislead people.
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Exercise humility and restraint.
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