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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
Depends
Source
Single
Never
Depend
Income
More quotes by Warren Buffett
A bull market is like sex. It feels best just before it ends.
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It is to our advantage to have securities do nothing price-wise for months, or perhaps years, while we are buying them.
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I certainly do believe anyone engaged in the management of money should have a standard of measurement, and that both he and the party whose money is managed should have a clear understanding why it is the appropriate standard, what time period should be utilized, etc.
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The best education you can get is investing in yourself, and that doesn't mean college or university.
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The most common cause of low prices is pessimism - sometimes pervasive, sometimes specific to a company or industry. We want to do business in such an environment, not because we like pessimism but because we like the prices it produces.
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Investment students need only two well-taught courses - How to Value a Business and How to Think About Market Prices
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Enjoy your work and work for whom you admire.
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I would say that an RFC-like thing might make sense. I probably would do it myself. But I don't think trying to combine that with what's going through now, I think what is needed now is liquidity.
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You should look at stocks as small pieces of business.
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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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