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I'm not worried they're all about the investments we make. I mean, listen, this country - we've got $46,000 or $47,000 of GDP per capita. Now, we've done pretty darn well. We'll do better in the future.
Warren Buffett
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Warren Buffett
Age: 94
Born: 1930
Born: August 30
Entrepreneur
Financier
Investor
Shareholder
Omaha
Nebraska
Warren Edward Buffett
Well
Investments
Country
Worried
Done
Investment
Mean
Listen
Make
Pretty
Future
Better
Capita
Wells
Darn
More quotes by Warren Buffett
Unless your answers are clearly better, copy the answers of your betters.
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The key to life is to figure out who to be the batboy for.
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Growth and value investing are joined at the hip.
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I think the oversight is great, and I think that oversight ought to be devoted almost entirely to the question is this being done at market you know. In other words, you want to make sure that the government isn't investing foolishly. But you don't want to care about which congressional districts it goes to or whether banks get favored over.
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I'm happy when I can spend every day doing the things that I like to do. That's my luxury.
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Successful Investing takes time, discipline and patience. No matter how great the talent or effort, some things just take time: You can't produce a baby in one month by getting nine women pregnant.
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Only when the tide goes out do you discover who's been swimming naked.
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It takes 20 years to build a reputation and five minutes to ruin it. If you think about that, you'll do things differently.
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Risk comes from not knowing what you're doing.
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Good profits simply are not inconsistent with good behavior.
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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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Calculate owner earnings to get a true reflection of value.
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I don't want to be on the other side of the table from the customer. I was never selling anything that I didn't believe in myself or use myself.
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I mean, if Pearl Harbor came along, you could have said the planning was wrong by the military ahead of time or maybe the battleships shouldn't have all been in the harbor and all that kind of thing.
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The range of derivatives contracts is limited only by the imagination of man (or sometimes, so it seems, madmen). Say you want to write a contract speculating on the number of twins to be born in Nebraska in 2020. No problem-at a price, you will easily find an obliging counterparty.
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Market price, while used exclusively to value our investments in minority positions, is not a relevant factor when applied to our controlling interests.
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I've never been very fully employed either but just think of what it's like, you know, to go home with a mortgage payment you know and kids and everything else. My dad had that happen to him in the early '30s.
Warren Buffett
Investing is simple, but not easy.
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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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I do not believe in inheriting your position in society based on which womb you come from... I think a rich person should leave his children enough so they can do anything, but not enough so they can do nothing.
Warren Buffett