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Exercise humility and restraint.

Warren Buffett

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Warren Buffett
Age: 94
Born: 1930
Born: August 30
Entrepreneur
Financier
Investor
Shareholder
Omaha
Nebraska
Warren Edward Buffett
Restraint
Humility
Exercise

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We're still in a recession. We're not gonna be out of it for a while, but we will get out.
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If you can't communicate and talk to other people and get across your ideas, you're giving up your potential.
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We've long felt that the only value of stock forecasters is to make fortune tellers look good. Even now, Charlie and I continue to believe that short-term market forecasts are poison and should be kept locked up in a safe place, away from children and also from grown-ups who behave in the market like children.
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I think that trying to invest through 535 people is a tough job, you know, and so I would give more latitude.
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Mr. Market is your servant, not your guide.
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I think the oversight is great, and I think that oversight ought to be devoted almost entirely to the question is this being done at market you know. In other words, you want to make sure that the government isn't investing foolishly. But you don't want to care about which congressional districts it goes to or whether banks get favored over.
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I knew a lot about what I did when I was 20. I had read a lot, and I aspired to learn everything I could about the subject.
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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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The most dangerous distractions are the ones you love, but that don’t love you back.
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As one of my older friends says, Nostalgia just isn't what it used to be. Let's take a stab at it, anyway.
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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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Our goal is to find an outstanding business at a sensible price, not a mediocre business at a bargain price.
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