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I prefer liquor store robbers with hungry kids to companies that locate offshore to avoid U.S. taxes.
Warren Buffett
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Warren Buffett
Age: 94
Born: 1930
Born: August 30
Entrepreneur
Financier
Investor
Shareholder
Omaha
Nebraska
Warren Edward Buffett
Kids
Store
Stores
Prefer
Companies
Hungry
Offshore
Avoid
Locate
Taxes
Robbers
Company
Liquor
More quotes by Warren Buffett
Only buy something that you'd be perfectly happy to hold if the market shut down for 10 years.
Warren Buffett
If knowing history made you rich, librarians would be billionaires.
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I spend twelve hours a week - a little over 10% of my waking hours - playing the game. Now I am trying to figure out how to get by on less sleep in order to fit in a few more hands.
Warren Buffett
We've actually been pretty good on exports. I mean we are exporting 12% of our GDP now roughly.
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Your premium brand had better be delivering something special, or it's not going to get the business.
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The true investor welcomes volatility ... a wildly fluctuating market means that irrationally low prices will periodically be attached to solid businesses.
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I'm the luckiest guy in the world in terms of what I do for a living. No one can tell me to do things I don't believe in or things I think are stupid.
Warren Buffett
For some reason, people take their cues from price action rather than from values. What doesn't work is when you start doing things that you don't understand or because they worked last week for somebody else. The dumbest reason in the world to buy a stock is because it's going up.
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You know ... you keep doing the same things and you keep getting the same result over and over again.
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The important thing is to keep playing, to play against weak opponents and to play for big stakes.
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Success is having people love you that you want to have love you.
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By periodically investing in an index fund, the know-nothing investors can actually outperform most investment professionals.
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If you've been playing poker for half an hour and you still don't know who the patsy is, you're the patsy.
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The thing to do is to keep your mind when the world around you is losing theirs.
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This country is going - be living better ten years from now than it is now. It will be living better in 20 years from now than ten years from now. The ingredients that made this country, you know, the miracle of the world - I mean we had a seven for one improvement in the average American standard of living in the 20th century.
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We have provided capital here with a couple of institutions recently. The Federal government did that in the '30s for the RFC and I think there could well be a proper role for government in that.
Warren Buffett
The dumbest reason in the world to buy a stock is because it's going up.
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In an inflationary world, a toll bridge (like company) would be a great thing to own because you've laid out the capital costs. You built it in old dollars and you don't have to keep replacing it.
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I think people - what people want to do is make [economy] get worse.
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It's very important that the determination of the US Congress to do what is is needed be made evident this week and by the actions of most of the members. I mean, you're not going to get total assent.
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