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I am not worried about the country. I'm just worried about anything that gums up the potential of the country. And right now, it's pretty gummed up.
Warren Buffett
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Warren Buffett
Age: 94
Born: 1930
Born: August 30
Entrepreneur
Financier
Investor
Shareholder
Omaha
Nebraska
Warren Edward Buffett
Pretty
Anything
Country
Right
Gums
Gum
Worried
Potential
More quotes by Warren Buffett
You’d get very rich if you thought of yourself as having a card with only twenty punches in a lifetime, and every financial decision used up one punch. You’d resist the temptation to dabble. You’d make more good decisions and you’d make more big decisions.
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The best way in my view is to just buy a low-cost index fund and keep buying it regularly over time, because you'll be buying into a wonderful industry, which in effect is all of American industry... People ought to sit back and relax and keep accumulating over time.
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An ounce of prevention is worth a pound of cure understated.
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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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Our stay-put behavior reflects our view that the stock market serves as a relocation center at which money is moved from the active to the patient.
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The .350 hitter expects, and also deserves, a big payoff for his performance - even if he plays for a cellar-dwelling team. And a .150 hitter should get no reward - even if he plays for a pennant winner.
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It's not debt per say that overwhelms an individual corporation or country. Rather it is a continuous increase in debt in relation to income that causes trouble.
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In economics, you always want to ask 'And then what?'
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Someone is sitting in the shade today because someone planted a tree a long time ago.
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The smartest side to take in a bidding war is the losing side.
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What the wise do in the beginning, fools do in the end.
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When investing, pessimism is your friend, euphoria the enemy.
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We have embraced the 21st century by entering such cutting-edge industries as brick, carpet, insulation and paint. Try to control your excitement.
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A prediction about the direction of the stock market tells you nothing about where stocks are headed, but a whole lot about the person doing the predicting.
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it's a good idea to review past mistakes before committing new ones.
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I've never been very fully employed either.
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We can afford to lose money - even a lot of money. But we can't afford to lose reputation - even a shred of reputation.
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The true investor welcomes volatility ... a wildly fluctuating market means that irrationally low prices will periodically be attached to solid businesses.
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It is not necessary to do extraordinary things to get extraordinary results.
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Investment must be rational if you can't understand it, don't do it.
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