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In the insurance business, there is no statute of limitation on stupidity.

Warren Buffett

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Warren Buffett
Age: 94
Born: 1930
Born: August 30
Entrepreneur
Financier
Investor
Shareholder
Omaha
Nebraska
Warren Edward Buffett
Insurance
Limitation
Stupidity
Business
Statute
Statutes

More quotes by Warren Buffett

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Mr. Market is kind of a drunken psycho. Some days he gets very enthused, some days he gets very depressed. And when he get really enthused you sell to him, and if he gets depressed, you buy from him. There's no moral taint attached to that.
Warren Buffett
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It's nice to have a lot of money, but you know, you don't want to keep it around forever. I prefer buying things. Otherwise, it's a little like saving sex for your old age.
Warren Buffett
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It is easier to rationalize than it is to be rational.
Warren Buffett
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If you knew what was going to happen in the economy, you still wouldn't necessarily know what was going to happen in the stock market.
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Risk can be greatly reduced by concentrating on only a few holdings.
Warren Buffett
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I mean [Franklin Delano] Roosevelt didn't - you know, when he came in, he didn't print any money.
Warren Buffett
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Shares are not mere pieces of paper. They represent part ownership of a business. So, when contemplating an investment, think like a prospective owner.
Warren Buffett
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The important thing is to keep playing, to play against weak opponents and to play for big stakes.
Warren Buffett
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Take the high road it's far less crowded.
Warren Buffett
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...I will give you two pieces of advice. Invest as much in yourself as you can you are your own best asset by far. Then follow your passion you want to be really excited to get out of bed every morning.
Warren Buffett
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I checked the actuarial tables, and the lowest death rate is among six-year-olds. So I decided to eat like a six-year-old.
Warren Buffett
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The fact that people will be full of greed, fear, or folly is predictable. The sequence is not predictable.
Warren Buffett
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An investor should act as though he had a lifetime decision card with just twenty punches on it.
Warren Buffett
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The truth is that I've got all my net worth safely in Berkshire and I will never sell a share so there is no one more concerned about what happens after my death than I am.
Warren Buffett
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I don't try and guess when to get in and out of the market. I have owned stocks consistently since 1942. I owned the - I was buying stocks the day before the election. I was buying the same stocks the day after election. And if Hillary had been elected, it would have been the same thing.
Warren Buffett
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Investing is not as tough as being a top-notch bridge player. All it takes is the ability to see things as they really are.
Warren Buffett
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It's just that right now the athlete's on the floor. But we - this is a super athlete.
Warren Buffett
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Earnings can be pliable as putty when a charlatan heads the company reporting them.
Warren Buffett
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You only have to do a very few things right in your life so long as you don't do too many things wrong.
Warren Buffett
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First come the innovators, then come the imitators, then come the idiots.
Warren Buffett