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Asking for financial advice from a financial planner is like asking a barber if you need a hair cut.
Warren Buffett
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Warren Buffett
Age: 94
Born: 1930
Born: August 30
Entrepreneur
Financier
Investor
Shareholder
Omaha
Nebraska
Warren Edward Buffett
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More quotes by Warren Buffett
I'm not worried they're all about the investments we make. I mean, listen, this country - we've got $46,000 or $47,000 of GDP per capita. Now, we've done pretty darn well. We'll do better in the future.
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In the world of business, the people who are most successful are those who are doing what they love.
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If you don't know jewelry, know the jeweler.
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I think the rest of the country should be paying less, the 95 percent that [Barack] Obama talks about or maybe even a little higher than that.
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Honesty is a very expensive gift, Don't expect it from cheap people.
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Asset-heavy businesses generally earn low rates of return - rates that often barely provide enough capital to fund the inflationary needs of the existing business, with nothing left over for real growth, for distribution to owners, or for acquisition of new businesses
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Money will not change how healthy you are or how many people love you.
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Too often, a vast collection of possessions ends up possessing its owner.
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We have a country where I don't know whether it's a million households a year or more, but good form.
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Read Ben Graham and Phil Fisher read annual reports, but don't do equations with Greek letters in them.
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Is management candid with the shareholders?
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Is management rational?
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The reaction of weak management to weak operations is often weak accounting.
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You know, people talk about this being an uncertain time. You know, all time is uncertain. I mean, it was uncertain back in - in 2007, we just didn't know it was uncertain. It was - uncertain on September 10th, 2001. It was uncertain on October 18th, 1987, you just didn't know it.
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I’ve never believed in risking what my family and friends have and need in order to pursue what they don’t have and don’t need.
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Investors making purchases in an overheated market need to recognize that it may often take an extended period for the value of even an outstanding company to catch up with the price they paid.
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What the wise do in the beginning, fools do in the end.
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I would say it's more important who the treasury secretary is than who the vice president is. If you want to have a debate here, I'd like a debate between potential treasury secretaries than the vice presidential debate.
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At Berkshire, I both initiate and monitor every derivatives contract on our books ... If Berkshire ever gets in trouble, it will be my fault. It will not be because of the misjudgments made by a risk committee or chief risk officer.
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Well, it may be all right in practice, but it will never work in theory
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