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I'll bring my tax returns you bring yours. I'll meet you anytime anywhere.
Warren Buffett
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Warren Buffett
Age: 94
Born: 1930
Born: August 30
Entrepreneur
Financier
Investor
Shareholder
Omaha
Nebraska
Warren Edward Buffett
Return
Bring
Anytime
Returns
Anywhere
Taxes
Meet
More quotes by Warren Buffett
Money will always flow toward opportunity, and there is an abundance of that in America.
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Never depend on a single source of income.
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If you don't know jewelry, know the jeweler.
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If horses had controlled investment decisions, there would have been no auto industry.
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The Happiest people DO NOT necessarily have the BEST THINGS. They simply APPRECIATE the things they have.
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The most common cause of low prices is pessimism - some times pervasive, some times specific to a company or industry. We want to do business in such an environment, not because we like pessimism but because we like the prices it produces. It's optimism that is the enemy of the rational buyer.
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We're still in a recession. We're not gonna be out of it for a while, but we will get out.
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If you've got a good enough business, if you have a monopoly newspaper, if you have a network television station - I'm talking of the past - you know, your idiot nephew could run it. And if you've got a really good business, it doesn't make any difference.
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... the best way to own common stocks is through an index fund.
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Buy companies with strong histories of profitability and with a dominant business franchise.
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What's going to happen - things we're doing are going to have some inflationary consequences.
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Investors... can't pick stocks that are better than average. Stocks are a good thing to own over time. There's only two things you can do wrong: You can buy the wrong ones, and you can buy or sell them at the wrong time. And the truth is you never need to sell them.
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The key to success is emotional stability.
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I would say the biggest single cause was we had an incredible residential real estate bubble.
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We would do best in a market where everyone acted foolishly.
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Nothing sedates rationality like large doses of effortless money.
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SUPPOSE that an investor you admire and trust comes to you with an investment idea. This is a good one, he says enthusiastically. I'm in it, and I think you should be, too.
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Mr. Market is kind of a drunken psycho. Some days he gets very enthused, some days he gets very depressed. And when he get really enthused you sell to him, and if he gets depressed, you buy from him. There's no moral taint attached to that.
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When you listen to tax-cut rhetoric, remember that giving one class of taxpayer a break requires - now or down the line - that an equivalent burden be imposed on other parties. In other words, if I get a break, someone else pays. Government can't deliver a free lunch to the country as a whole. It can however, determine who pays for lunch.
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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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