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What the human being is best at doing is interpreting all new information so that their prior conclusions remain intact.
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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Best
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Human
Interpreting
Humans
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Conclusion
More quotes by Warren Buffett
Enjoy your work and work for whom you admire.
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In the business world, the rearview mirror is always clearer than the windshield.
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Be fearful when there is greed and be greedy when there is fear.
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What motivates most gold purchasers is their belief that the ranks of the fearful will grow ... As 'bandwagon' investors join any party, they create their own truth - for a while.
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I'll tell you why I like the cigarette business. It cost a penny to make. Sell it for a dollar. It's addictive. And there's a fantastic brand loyalty.
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My job is essentially just corralling more and more and more facts and information, and occasionally seeing whether that leads to some action.
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Investing in a market where people believe in efficiency is like playing bridge with someone who has been told it doesn't do any good to look at the cards.
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Intensity is the price of excellence.
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When they get their ego involved, people do things they shouldn't do.
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I insist on a lot of time being spent, almost every day, to just sit and think. That is very uncommon in American business.
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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 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.
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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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Risk is a part of God's game, alike for men and nations.
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The first rule is not to lose. The second rule is not to forget the first rule.
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Energy deregulation will be the largest transfer of wealth in history.
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The fact that people will be full of greed, fear, or folly is predictable. The sequence is not predictable.
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The big question about how people behave is whether they've got an Inner Scorecard or an Outer Scorecard. It helps if you can be satisfied with an Inner Scorecard.
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If you don't know jewelry, know the jeweler.
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Writing checks to the IRS that include strings of zeros does not bother me ... Overall, we feel extraordinarily lucky to have been dealt a hand in life that enables us to write large checks to the government rather than one requiring the government to regularly write checks to us-say, because we are disabled or unemployed.
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