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Occasionally, a man must rise above principles.
Warren Buffett
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Warren Buffett
Age: 94
Born: 1930
Born: August 30
Entrepreneur
Financier
Investor
Shareholder
Omaha
Nebraska
Warren Edward Buffett
Must
Men
Occasionally
Rise
Principles
More quotes by Warren Buffett
I think that actually people in my situation should be paying more tax.
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An investor will succeed by coupling good business judgment with an ability to insulate his thoughts and behavior from the super-contagious emotions that swirl about the marketplace.
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We do not view the company itself as the ultimate owner of our business assets but instead view the company as a conduit through which our shareholders own assets.
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Accounting is the language of business.
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Our approach is very much profiting from lack of change rather than from change.
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A public-opinion poll is no substitute for thought.
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You can't stand to see your neighbor getting rich. You know you're smarter than he is and he's doing these things and he's getting rich.
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It's better to hang out with people better than you. Pick out associates whose behavior is better than yours and you'll drift in that direction.
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Much success can be attributed to inactivity. Most investors cannot resist the temptation to constantly buy and sell.
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Businesses always have opportunities to improve service, product lines, manufacturing techniques, and the like, and obviously these opportunities should be seized. But a business that constantly encounters major change also encounters many chances for major error
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We've used derivatives for many, many years. I don't think derivatives are evil, per se, I think they are dangerous.
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Equities will do well over time - you just have to avoid getting excited when other people are getting excited.
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Never give up searching for the job that you're passionate about.
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A pin lies in wait for every bubble. And when the two eventually meet, a new wave of investors learns some very old lessons: First, many in Wall Street (a community in which quality control is not prized) will sell investors anything they will buy. Second, speculation is most dangerous when it looks easiest.
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You get what I call the natural progression, the three Is. The innovators, the imitators, and the idiots.
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If anything, taxes for the lower and middle class and maybe even the upper-middle class should even probably be cut further. But I think that people at the high end - people like myself - should be paying a lot more in taxes. We have it better than we've ever had it.
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Don't invest in pieces of papers (stocks), invest in great businesses underlying them
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Time is your friend, impulse is your enemy. Take advantage of compound interest and don't be captivated by the siren song of the market.
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It's far better to buy a wonderful company at a fair price than a fair company at a wonderful price.
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Never give up searching for the job that you’re passionate about. Try to find the job you’d have if you were independently rich. Forget about the pay. When you’re associating with the people that you love, doing what you love, it doesn’t get any better than that.
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