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Mr. Market is your servant, not your guide.
Warren Buffett
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Warren Buffett
Age: 94
Born: 1930
Born: August 30
Entrepreneur
Financier
Investor
Shareholder
Omaha
Nebraska
Warren Edward Buffett
Guide
Servant
Guides
Market
More quotes by Warren Buffett
It's never paid to bet against America. We come through things, but its not always a smooth ride.
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Outstanding long-term results are produced primarily by avoiding dumb decisions, rather than by making brilliant ones.
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I do know that when I am 60, I should be attempting to achieve different personal goals than those which had priority at age 20.
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We simply attempt to be fearful when others are greedy and to be greedy only when others are fearful.
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If the reason for doing something is that everyone else is doing it, it's not a good enough reason.
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Credit worthiness is like virginity, it can be preserved but not restored very easily, so it is crazy to play around with it.
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It is easier to rationalize than it is to be rational.
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People went crazy with tulip bulbs. They went crazy with the South Sea Bubble, they went crazy internet stocks, they went crazy with the uranium stocks back when I was first getting started.
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It is more important to say no to an opportunity, than to say yes.
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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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Two rules: 1. Preserve the principal 2. When in doubt, see Rule #1.
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Consciously paying more for a stock than its calculated value - in the hope that it can soon be sold for a still-higher price - should be labelled speculation
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I am not in the business of predicting general stock market of business fluctuations. If you think I can do this, or think it is essential to an investment program, you should not be in the partnership.
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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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Knowing what to leave out is just as important as knowing what to focus on.
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The key to life is to figure out who to be the batboy for.
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If you have a harem of 40 women, you never get to know any of them very well.
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At this point, when treasury bills, seven day treasury bills at 1/20th of one percent, it's not because people want to earn 1/20th of one percent, it's because they trust the fact the treasury will give it back to them next week.
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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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We would do best in a market where everyone acted foolishly.
Warren Buffett