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It's just that right now the athlete's on the floor. But we - this is a super athlete.
Warren Buffett
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Warren Buffett
Age: 94
Born: 1930
Born: August 30
Entrepreneur
Financier
Investor
Shareholder
Omaha
Nebraska
Warren Edward Buffett
Super
Athlete
Right
Floor
More quotes by Warren Buffett
Look for companies with high profit margins.
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Risk comes from not knowing what you're doing.
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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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Never be afraid to ask for too much when selling or offer too little when buying.
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With housing it's something even more dramatic than that, because most people aspire to own their own home.If you really think that houses prices are going to go up next year and the year after, you feel if I don't buy it this year, I'm going to have to buy it next year.That's not true of an Internet stock. But it's true of a home.
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Although we deal with probabilities and expectations, the actual results can deviate substantially from such expectations, particularly on a short-term basis.
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The most dangerous distractions are the ones you love, but that don’t love you back.
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It takes 150 years to build an investment bank and only five minutes to convince you to sell me preferred stock in it at a 10% interest rate.
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Do not put all your eggs in one basket.
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Read 500 pages every day. That's how knowledge works. It builds up like compound interest.
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It is better to point out your own mistakes than have somebody else do it.
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Investing is simple, but not easy.
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Enjoy your work and work for whom you admire.
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We are trading away a little bit of our country all the time for this access consumption that we have over what we've produced. That is not good. I think it's terrible over time. But our country's productive grows enough so we actually can do that, and we'll still be better off. We just don't be as well off as if we hadn't done it.
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The fundamental basis of above-average performance in the long run is sustainable competitive advantage.
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The greatest Enemies of the Equity investor are Expenses and Emotions.
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If, when making a stock investment, you're not considering holding it at least ten years, don't waste more than ten minutes considering it.
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I've argued with the senators and congressmen I've talked to. You don't want to be too little too late. If you buy them at the right price, you may be buying two trillion of face value.
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Most people get interested in stocks when everyone else is. The time to get interested is when no one else is. You can't buy what is popular and do well.
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The best investment you can make is in yourself.
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