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Every day that goes by, I mean, if you don't react to Pearl Harbor for a week or two weeks or three weeks, you're behind in the war that you otherwise would have fought.
Warren Buffett
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Warren Buffett
Age: 94
Born: 1930
Born: August 30
Entrepreneur
Financier
Investor
Shareholder
Omaha
Nebraska
Warren Edward Buffett
Week
Pearls
War
React
Three
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Two
Weeks
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More quotes by Warren Buffett
We don't get paid for activity, just for being right. As to how long we'll wait, we'll wait indefinitely.
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We really can say no in 10 seconds or so to 90%+ of all the things that come along simply because we have these filters.
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In the financial markets I find it easy to predict what will happen and very difficult to predict when it will happen. I think that things were clear during the bubble as to what would happen eventually.
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If the world couldn't see your results, would you rather be thought of as the world's greatest investor but in reality have the world's worst record? Or be thought of as the world's worst investor when you were actually the best?
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When we really sit back with a smile on our face is when we run into a situation we can understand, where the facts are ascertainable and clear, and the course of action obvious.
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The difference between successful people and really successful people is that really successful people say no to almost everything.
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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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I don't really think that, as a society, we [americans] want to confer blessings on generation after generation who contribute nothing to society, simply because somebody in the far distant past happened to amass a great sum of wealth.
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I lose confidence in other people, all kinds of institutions.
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I don't read economic forecasts. I don't read the funny papers.
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I've often felt there might be more to be gained by studying business failures than business successes.
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My wealth has come from a combination of living in America, some lucky genes, and compound interest.
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The business schools reward difficult complex behavior more than simple behavior, but simple behavior is more effective.
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I think that actually people in my situation should be paying more tax.
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