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If book knowledge made great investors, than the librarians would all be rich.
Warren Buffett
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Warren Buffett
Age: 94
Born: 1930
Born: August 30
Entrepreneur
Financier
Investor
Shareholder
Omaha
Nebraska
Warren Edward Buffett
Investors
Rich
Knowledge
Book
Great
Made
Would
Librarians
Librarian
More quotes by Warren Buffett
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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We don't get paid for being busy, we get paid for being right.
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I don't think it would be crazy to have a model or an entity model on the Reconstruction Finance Corp.
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I was lucky to have the right heroes. Tell me who your heroes are and I'll tell you how you'll turn out to be. The qualities of the one you admire are the traits that you, with a little practice, can make your own, and that, if practiced, will become habit forming.
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I don't have my diploma from the University of Nebraska hanging on my office wall, and I don't have my diploma from Columbia up there either-but I do have my Dale Carnegie graduation certificate proudly displayed.
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Things you like to do should be a hobby of yours, but things the world does should be a business of yours.
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I mean, Hank Paulson is in there [ Treasury] at the wrong time, probably shouldn't have taken the job. He's a friend of mine. But he knows markets, he knows corporations' work, he knows money, and he's got the interests of the country at heart.
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Be fearful when the markets get greedy, be greedy when the markets get fearful.
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With enough insider information and a million dollars, you can go broke in a year.
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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.
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The most important thing in terms of your circle of competence is not how large the area of it is, but how well you've defined the perimeter.
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... not doing what we love in the name of greed is very poor management of our lives.
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A single year's performance is of minor importance and, good or bad, should never be taken seriously.
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When we really sit back with a smile on our face is when we run into a situation we can understand, where the facts are ascertainable and clear, and the course of action obvious.
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The critical investment factor is determining the intrinsic value of a business and paying a fair or bargain price.
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I think what people understand there probably - well, they were hoping the private sector would do it [rescuing AIG ].
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A stock doesn't know that you own it.
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Observing that the market was FREQUENTLY efficient, EMT Adherents went on to conclude incorrectly that it was ALWAYS efficient. The difference between these propositions is night and day.
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You are neither right nor wrong because the crowd disagrees with you.
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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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