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Never depend on a single source of income.
Warren Buffett
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Warren Buffett
Age: 94
Born: 1930
Born: August 30
Entrepreneur
Financier
Investor
Shareholder
Omaha
Nebraska
Warren Edward Buffett
Depend
Income
Depends
Source
Single
Never
More quotes by Warren Buffett
In looking for people to hire, look for three qualities: integrity, intelligence and energy. And if they don't have the first, the other two will kill you.
Warren Buffett
I never buy anything unless I can fill out on a piece of paper my reasons. I may be wrong, but I would know the answer to that ...I'm paying $32 billion today for the Coca Cola Company because... If you can't answer that question, you shouldn't buy it. If you can answer that question, and you do it a few times, you'll make a lot of money.
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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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Would your reply possibly be this? Well, it all depends on what my tax rate will be on the gain you're saying we're going to make. If the taxes are too high, I would rather leave the money in my savings account, earning a quarter of 1 percent. Only in Grover Norquist's imagination does such a response exist.
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If you don't know jewelry, know the jeweler.
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We will reject interesting opportunities rather than over-leverage our balance sheet.
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If knowing history made you rich, librarians would be billionaires.
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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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It's just that right now the athlete's on the floor. But we - this is a super athlete.
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Inactivity strikes us as intelligent behavior.
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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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When you listen to tax-cut rhetoric, remember that giving one class of taxpayer a break requires - now or down the line - that an equivalent burden be imposed on other parties. In other words, if I get a break, someone else pays. Government can't deliver a free lunch to the country as a whole. It can however, determine who pays for lunch.
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I've often felt there might be more to be gained by studying business failures than business successes.
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Buy a cross section of American industry, and if a cross section of American industry doesn't work, certainly trying to pick the little beauties here and there isn't going to work either.
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If a business does well, the stock eventually follows.
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I think any time you couple the term Wall Street with bailout or something like that, you know - I don't like what's going on in Wall Street.
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One’s objective should be to get it right, get it quick, get it out and get it over. Your problem won’t improve with age.
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Cash combined with courage in a time of crisis is priceless.
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The smarter the journalists are, the better off society is.
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You have to turn over a lot of rocks to find those little anomalies. You have to find the companies that are off the map - way off the map.
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