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I think I could make you fifty percent a year on one million dollars. No, I know I could. I guarantee that.
Warren Buffett
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Warren Buffett
Age: 94
Born: 1930
Born: August 30
Entrepreneur
Financier
Investor
Shareholder
Omaha
Nebraska
Warren Edward Buffett
Make
Guarantees
Think
Fifty
Thinking
Dollars
Million
Percent
Millions
Year
Years
Guarantee
More quotes by Warren Buffett
If a business does well, the stock eventually follows.
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You're neither right nor wrong because other people agree with you. You're right because your facts are right and your reasoning is right - that's the only thing that makes you right. And if your facts and reasoning are right, you don't have to worry about anybody else.
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When bills come due, only cash is legal tender. Don't leave home without it.
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If I subscribed to the efficient market theory I would still be delivering papers
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You are neither right nor wrong because the crowd disagrees with you.
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Good big decisions do not take time at all, if they do you are in trouble.
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The investor of today does not profit from yesterday's growth.
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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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In the world of business, the people who are most successful are those who are doing what they love.
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If you're in a card game and you can't figure out who the patsy is, you're it.
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If you don't know jewelry, know the jeweler.
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Resolution Trust Company was set up to liquidate a bunch of assets that the government had inherited because the savings and loans went broke.
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If you don't feel comfortable owning something for 10 years, then don't own it for 10 minutes.
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We have usually made our best purchases when apprehensions about some macro event were at a peak. Fear is the foe of the faddist, but the friend of the fundamentalist.
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I will do anything that is basically covered by the law to reduce Berkshire's tax rate. For example, on wind energy, we get a tax credit if we build a lot of wind farms. That's the only reason to build them. They don't make sense without the tax credit.
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If you can't communicate and talk to other people and get across your ideas, you're giving up your potential.
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We still find very few [stocks] that even mildly interest us. That dismal fact is testimony to the insanity of valuations reached during The Great Bubble. Unfortunately, the hangover may prove to be proportional to the binge.
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In our view, derivatives are financial weapons of mass destruction carrying dangers that, while latent, are potentially lethal.
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Knowing the edge of your competency is important. If you think you know more than you do, you will get in trouble.
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I have this complicated procedure I go through every morning, which is to look in the mirror and decide what I'm going to do. And I feel at that point, everybody's had their say.
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