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Take the high road it's far less crowded.
Warren Buffett
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Warren Buffett
Age: 94
Born: 1930
Born: August 30
Entrepreneur
Financier
Investor
Shareholder
Omaha
Nebraska
Warren Edward Buffett
High
Less
Take
Crowded
Road
More quotes by Warren Buffett
I sent one e-mail in my life. I sent it to Jeff Raikes at Microsoft, and it ended up in court in Minneapolis, so I am one for one.
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Our stay-put behavior reflects our view that the stock market serves as a relocation center at which money is moved from the active to the patient.
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The most important investment you can make is in yourself... nobody can tax it or take it away from you.
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We all make mistakes. If you can't make mistakes, you can't make decisions. I've made a lot bigger mistakes myself.
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I don't think you can have a better secretary of the Treasury than Hank Paulson.
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We always live in an uncertain world. What is certain is that the United States will go forward over time.
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On his Giving Pledge philanthropy: The way I got the message out was to get a copy of FORBES, look down that 400 list and start making phone calls! Bill and Melinda [Gates] did the same thing. So keep publishing the list so I can milk it.
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Managers that always promise to 'make the numbers' will at some point be tempted to make up the numbers.
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There's no use running if you're on the wrong road.
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I view derivatives as time bombs, both for the parties that deal in them and the economic system.
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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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Two rules: 1. Preserve the principal 2. When in doubt, see Rule #1.
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If at first you do succeed, quit trying on investing.
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The dominant factors affecting control valuations are earning power (past and prospective) and asset values.
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I look for businesses in which I think I can predict what they're going to look like in ten to fifteen years time. Take Wrigley's chewing gum. I don't think the internet is going to change how people chew gum.
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Take the job you would take if you were independently wealthy. You're going to do well at it.
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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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Investing in yourself is the best thing you can do. If you've got talents, no one can take them from you.
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Success in investing doesn’t correlate with I.Q. Once you are above the level of 25 once you have ordinary intelligence, what you need is the temperament to control the urges that get other people into trouble in investing.
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I think you'll have plenty of scrutiny as how the money's invested. I mean, just like the RFC. When the RFC operated, people knew which institutions they were buying preferred stock in. And it worked very well.
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