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I think it will get moving faster. I mean once you get it off the - once credit flows - now the recession is going to get worse.
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
Flows
Thinking
Faster
Credit
Worse
Flow
Moving
Mean
Recession
Going
Recessions
More quotes by Warren Buffett
I mean the truth is, I've never had it so good in terms of taxes. I am paying the lowest tax rate that I've ever paid in my life.
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A newspaper that reduces its coverage of the news important to its community is certain to reduce its readership as well
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Market prices for stocks fluctuate at great amplitudes around intrinsic value but, over the long term, intrinsic value is virtually always reflected at some point in market price.
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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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Confidence in markets and in institutions, it's a lot like oxygen. When you have it, you don't even think about it. It's indispensable. You can go years without thinking about it. When it's gone for five minutes, it's the only thing to think about.
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We always live in an uncertain world. What is certain is that the United States will go forward over time.
Warren Buffett
The value of a business is the cash it's going to produce in the future.
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I think you are out of your mind if you keep taking jobs that you don't like because you think it will look good on your resume. Isn't that a little like saving up sex for your old age?
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I would say it's more important who the treasury secretary is than who the vice president is. If you want to have a debate here, I'd like a debate between potential treasury secretaries than the vice presidential debate.
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I could end the deficit in 5 minutes. You just pass a law that says that anytime there is a deficit of more than 3% of GDP all sitting members of congress are ineligible for reelection.
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The typical large company has a compensation committee, They don't look for Dobermans on that committee, they look for chihuahuas.
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We continue to make more money when snoring than when active.
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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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A public-opinion poll is no substitute for thought.
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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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Never risk what you have and need for what we don't have and don't need.
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Investing requires qualities of temperament way more than it requires qualities of intellect.
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The (stock) market is there only as a reference point to see if anybody is offering to do anything foolish. When we invest in stocks, we invest in businesses.
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The one piece of advice I can give you is, do what turns you on. Do something that if you had all the money in the world, you’d still be doing it. You’ve got to have a reason to jump out of bed in the morning.
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The only question is whether you’re going to do it today or tomorrow. If you keep saying you’re going to do it tomorrow, you’ll never do it. You have to get on it today.
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