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We would do best in a market where everyone acted foolishly.
Warren Buffett
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Warren Buffett
Age: 94
Born: 1930
Born: August 30
Entrepreneur
Financier
Investor
Shareholder
Omaha
Nebraska
Warren Edward Buffett
Best
Would
Foolishly
Acted
Investing
Market
Everyone
More quotes by Warren Buffett
If you don't know the Jewelry, know the Jeweller
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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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When 40 billion of treasury bills are sold like, seven day treasury bills, at a yield of 1/20th of one percent, that means the whole country is basically at the point virtually, or a lot of the country is at the point of putting the money under the mattress.
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Never do anything in life if you would be ashamed of seeing it printed on the front page of your hometown newspaper for your friends and family to see.
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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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A CEO's behavior has a huge impact on managers down the line.
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Our stay-put behavior reflects our view that the stock market serves as a relocation center at which money is moved from the active to the patient.
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Most people get interested in stocks when everyone else is. The time to get interested is when no one else is. You can't buy what is popular and do well.
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Enjoy your work and work for whom you admire.
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We intend to continue our practice of working only with people whom we like and admire. This policy not only maximizes our chances for good results, it also ensures us an extraordinarily good time.
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Credit worthiness is like virginity, it can be preserved but not restored very easily, so it is crazy to play around with it.
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This country is going - be living better ten years from now than it is now. It will be living better in 20 years from now than ten years from now. The ingredients that made this country, you know, the miracle of the world - I mean we had a seven for one improvement in the average American standard of living in the 20th century.
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When we went crazy, and we did go crazy on residential real estate, it set things in motion that just - the dominoes started toppling.
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The truth is, everything that has happened in my life... that I thought was a crushing event at the time, has turned out for the better.
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Over the years, Charlie [Munger, Berkshire Hathaway Vice Chairman] and I have observed many accounting-based frauds of staggering size. Few of the perpetrators have been punished many have not even been censured. It has been far safer to steal large sums with pen than small sums with a gun.
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My friends and I have been coddled long enough by a billionaire-friendly Congress.
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If a business does well, the stock eventually follows.
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You can't help some increase from this point. I don't want any viewer to go away think a magic wand exists in Congress. So they're going to see some more bad news. But if we do this, we're doing the right thing.
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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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Investing in yourself is the best thing you can do. If you've got talents, no one can take them from you.
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