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Always associate yourself with people who are better than you.
Warren Buffett
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Warren Buffett
Age: 94
Born: 1930
Born: August 30
Entrepreneur
Financier
Investor
Shareholder
Omaha
Nebraska
Warren Edward Buffett
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Associates
Investing
Better
Always
People
More quotes by Warren Buffett
Only when the tide goes out do you discover who's been swimming naked.
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Only buy something that you'd be perfectly happy to hold if the market shut down for 10 years.
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OUR leaders have asked for “shared sacrifice.” But when they did the asking, they spared me. I checked with my mega-rich friends to learn what pain they were expecting. They, too, were left untouched.
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The U.S. Treasury has got borrowing costs like nobody else has.
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If you don't make mistakes you can't make decisions.
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A single year's performance is of minor importance and, good or bad, should never be taken seriously.
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Confidence is key. You're not going to put your money - you're not going to leave your money with me unless you're confident I'm going to give it back to you.
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The rich invest in time, the poor invest in money.
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It's got to be the best intellectual exercise out there. You're seeing through new situations every ten minutes. In the stock market you don't base your decisions on what the market is doing, but on what you think is rational. Bridge is about weighing gain/loss ratios. You're doing calculations all the time.
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There are three kinds of people: 1. Innovators. 2. Imitators. 3. Idiots.
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I would say the biggest single cause was we had an incredible residential real estate bubble.
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Investment philosophy is the clear understanding that by owning shares of stocks he owns businesses, not pieces of paper.
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We have long felt that the only value of stock forecasters is to make fortune-tellers look good.
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In one way, I'm sympathetic to the institutional reluctance to face the music. I'd give a lot to mark my weight to 'model' rather than to 'market.'
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When asked how he became so successful in investing, Buffett answered: 'we read hundreds and hundreds of annual reports every year.
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If you owe money, you can't pay them out. You just pay for everything, you do smart things, you eventually get very rich.
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I buy expensive suits - they just look cheap on me.
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Well, it may be all right in practice, but it will never work in theory
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Don't invest in pieces of papers (stocks), invest in great businesses underlying them
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I mean, you may be very mad at some guy that walked away with a huge golden parachute, but that really isn't the important thing.
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