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People should always know better.
Warren Buffett
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Warren Buffett
Age: 94
Born: 1930
Born: August 30
Entrepreneur
Financier
Investor
Shareholder
Omaha
Nebraska
Warren Edward Buffett
Better
Always
People
More quotes by Warren Buffett
Observing that the market was FREQUENTLY efficient, EMT Adherents went on to conclude incorrectly that it was ALWAYS efficient. The difference between these propositions is night and day.
Warren Buffett
The secret to happiness is having low expectations.
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The best thing that happens to us is when a great company gets into temporary trouble...We want to buy them when they're on the operating table.
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Risk is a part of God's game, alike for men and nations.
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Basically, the single-most important decision in evaluating a business is pricing power.
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There's not many businesses where someone can come in and offer to cut the price in half and somebody doesn't think about shifting. But that's the nature of the ratings business.
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Let blockheads read what blockheads wrote.
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One’s objective should be to get it right, get it quick, get it out and get it over. Your problem won’t improve with age.
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In a commodity business, it's very hard to be smarter than your dumbest competitor.
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Interest rates are to asset prices what gravity is to the apple. When there are low interest rates, there is a very low gravitational pull on asset prices.
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The real fortunes in this country have been made by people who have been right about the business they invested in, and not right about the timing of the stock market.
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If you can eliminate the government as a 39.6% partner, then you will be much better off.
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The most important quality for an investor is temperament, not intellect.
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You're dealing with a lot of silly people in the marketplace it's like a great big casino and everyone else is boozing. If you can stick with Pepsi, you should be OK.
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Much success can be attributed to inactivity. Most investors cannot resist the temptation to constantly buy and sell.
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The investor of today does not profit from yesterday's growth.
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I made my first investment at age eleven. I was wasting my life up until then.
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If I were the treasury secretary or head of the Fed, you know, I would try to scare the hell the out of the private sector and say, you better save this because you're going down with the ship.
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If at first you do succeed, quit trying on investing.
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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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