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Investment must be rational if you can't understand it, don't do it.

Warren Buffett

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Warren Buffett
Age: 94
Born: 1930
Born: August 30
Entrepreneur
Financier
Investor
Shareholder
Omaha
Nebraska
Warren Edward Buffett
Rational
Investment
Understand
Must

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Don't pass up something that's attractive today because you think you will find something way more attractive tomorrow.
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We don't get paid for being busy, we get paid for being right.
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My idea of a group decision is to look in the mirror.
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Do not put all your eggs in one basket.
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The same things happen to quite an extent around the globe. I mean, the European banks were doing what the American banks were.
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Rule No.1: Never lose money. Rule No.2: Never forget rule No.1.
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We don't have to be smarter than the rest. We have to be more disciplined than the rest.
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I want to be able to explain my mistakes. This means I do only the things I completely understand.
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Your money can be inflated away but your knowledge and talent cannot.
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We have learned to turn out lots of goods and services, but we haven't learned as well how to have everybody share in the bounty. The obligation of a society as prosperous as ours is to figure out how nobody gets left too far behind.
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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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A lot of people disagree with me on this, I believe in mark to market.
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I would push purchasing power - you push out $1,000 of purchasing to those people, it's going to get - it's going to get spent. And it needs to be spent. They need it. And it should come, to some extent, from guys like me.
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What the human being is best at doing is interpreting all new information so that their prior conclusions remain intact.
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I have a wonderful family. I have a job that I love and wonderful people who help me with it. It can't get any better than that.
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We believe that according the name 'investors' to institutions that trade actively is like calling someone who repeatedly engages in one-night stands a 'romantic.'
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Don't risk what is important to you, to get what is not important to you.
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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've never been very fully employed either.
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If at first you do succeed, quit trying on investing.
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