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Cultivate curiosity and strive to become a little wiser every day.

Warren Buffett

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Warren Buffett
Age: 94
Born: 1930
Born: August 30
Entrepreneur
Financier
Investor
Shareholder
Omaha
Nebraska
Warren Edward Buffett
Strive
Become
Littles
Little
Every
Cultivate
Wiser
Curiosity

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I'd rather have a $10 million business making 15 per cent than a $100 million business making 5 per cent.
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There are three kinds of people: 1. Innovators. 2. Imitators. 3. Idiots.
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I made my first investment at age eleven. I was wasting my life up until then.
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I would say the most satisfying thing actually is watching my three children each pick up on their own interests and work many more hours per week than most people that have jobs at trying to intelligently give away that money in fields that they particularly care about.
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Games are won by players who focus on the playing field -- not by those whose eyes are glued to the scoreboard.
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It's the deleveraging that's going on right now that has caused the credit crisis.
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Risk can be greatly reduced by concentrating on only a few holdings.
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What we really want to do is buy businesses that we would be happy to own forever.
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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.
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I did not think I would see the day when, you know, an AIG would not be able to have its checks clear.
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People do, as long as you have markets, you'll have excesses.
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The greater the potential for reward in the value portfolio, the less risk there is.
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Should you find yourself in a chronically leaking boat, energy devoted to changing vessels is likely to be more productive than energy devoted to patching leaks.
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A market downturn, doesn't bother us. For us and our long term investors, it is an opportunity to increase our ownership of great companies with great management at good prices. Only for short term investors and market timers is a correction not an opportunity.
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Someone's sitting in the shade today because someone planted a tree a long time ago. The person sitting in the shade now should be grateful for the person who planted and tended that tree. That includes all those benefactors of humanity throughout history that created, invented, financed, produced, maintained and improved all that we enjoy today.
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I measure success by how many people love me. And the best way to be loved is to be lo veable.
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When the brothel burns down, even the pretty girls have to run out.
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Risk comes from not knowing what you are doing so wide diversification is only required when investors are ignorant. You only have to do a very few things in your life so long as you don't do too many things wrong.
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Mark Zuckerberg will be a hero to many young entrepreneurs 20 years from now. Bill Gates will be a hero to others, and they will look to those [people] like I read books when I was in my teens about Rockefeller or Carnegie.
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You can't buy what is popular and do well.
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