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I don't think you can have a better secretary of the Treasury than Hank Paulson.

Warren Buffett

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Warren Buffett
Age: 94
Born: 1930
Born: August 30
Entrepreneur
Financier
Investor
Shareholder
Omaha
Nebraska
Warren Edward Buffett
Think
Thinking
Hank
Treasury
Secretary
Better

More quotes by Warren Buffett

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When a management with reputation for brilliance gets hooked up with a business with a reputation for bad economics, it's the reputation of the business that remains intact.
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You get what I call the natural progression, the three Is. The innovators, the imitators, and the idiots.
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Does the business have favourable long term prospects?
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The smarter the journalists are, the better off society is. For to a degree, people read the press to inform themselves - and the better the teacher, the better the student body.
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I don't try and guess when to get in and out of the market. I have owned stocks consistently since 1942. I owned the - I was buying stocks the day before the election. I was buying the same stocks the day after election. And if Hillary had been elected, it would have been the same thing.
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You can't produce a baby in one month by getting nine women pregnant.
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I did not think I would see the day when, you know, an AIG would not be able to have its checks clear.
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If you are not willing to own a stock for 10 years, do not even think about owning it for 10 minutes.
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Wall Street is the only place that people ride to in a Rolls Royce to get advice from those who take the subway.
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Truly conservative actions arise from intelligent hypotheses, correct facts and sound reasoning.
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Americans are in a cycle of fear which leads to people not wanting to spend and not wanting to make investments, and that leads to more fear. We'll break out of it. It takes time.
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Don't pass up something that's attractive today because you think you will find something way more attractive tomorrow.
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Never give up searching for the job that you’re passionate about. Try to find the job you’d have if you were independently rich. Forget about the pay. When you’re associating with the people that you love, doing what you love, it doesn’t get any better than that.
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Over the years, Charlie [Munger, Berkshire Hathaway Vice Chairman] and I have observed many accounting-based frauds of staggering size. Few of the perpetrators have been punished many have not even been censured. It has been far safer to steal large sums with pen than small sums with a gun.
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I just don't see anything available that gives any reasonable hope of delivering such a good year and I have no desire to grope around, hoping to 'get lucky' with other people's money. I am not attuned to this market environment, and I don't want to spoil a decent record by trying to play a game I don't understand just so I can go out a hero.
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If you don't make mistakes you can't make decisions.
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Inflation could be a very - is a likely consequence out of what's going on now.
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We've been in a recession, by any common sense definition, because if you look at the American public, they've got 20 billion - 20 trillion, I should say, worth of residential homes.
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Most investors, both institutional and individual, will find that the best way to own common stocks (shares') is through an index fund that charges minimal fees. Those following this path are sure to beat the net results (after fees and expenses) of the great majority of investment professionals.
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Problems in a company are like cockroaches in the kitchen. You will never find just one
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