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Anyone who believes a growth rate in excess of 15% per annum over the long term is attainable should pursue a career in sales, but avoid one in mathematics.
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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Mathematics
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Sales
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More quotes by Warren Buffett
Shares are not mere pieces of paper. They represent part ownership of a business. So, when contemplating an investment, think like a prospective owner.
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Focus on your customers and lead your people as though their lives depend on your success.
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Good profits simply are not inconsistent with good behavior.
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We believe that according the name 'investors' to institutions that trade actively is like calling someone who repeatedly engages in one-night stands a 'romantic.'
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If I got a chance to take one percent of the deal either way, I would make that bet.
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I do not believe in inheriting your position in society based on which womb you come from... I think a rich person should leave his children enough so they can do anything, but not enough so they can do nothing.
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Most investors, both institutional and individual, will find that the best way to own common stocks (shares') is through an index fund that charges minimal fees. Those following this path are sure to beat the net results (after fees and expenses) of the great majority of investment professionals.
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The best thing I did was choose the right heroes.
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We will only do with your money what we would do with our own.
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Knowing the edge of your competency is important. If you think you know more than you do, you will get in trouble.
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If you own the only newspaper in town, up until the last five years or so, you have pricing power and you didn't have to go to the office.
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I really like my life. I've arranged my life so that I can do what I want.
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If you owe money, you can't pay them out. You just pay for everything, you do smart things, you eventually get very rich.
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First come the innovators, then come the imitators, then come the idiots.
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I have no idea on timing. It’s easier to tell what will happen than when it will happen. I would say that what is going on in terms of trade policy is going to have very important consequences.
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No matter how great the talent or efforts, some things just take time.
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I’ve worked in an economy that rewards someone who saves the lives of others on a battlefield with a medal, rewards a great teacher with thank-you notes from parents, but rewards those who can detect the mispricing of securities with sums reaching into the billions.
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The [stock] market,like the Lord, helps those who help themselves. But, unlike the Lord, the market does not forgive those who know not what they do.
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A home is one of the most important assets that most people will ever buy. Homes are also where memories are made and you want to work with someone you can trust.
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What's going to happen - things we're doing are going to have some inflationary consequences.
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