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It makes a difference who the treasury secretary is.

Warren Buffett

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Warren Buffett
Age: 94
Born: 1930
Born: August 30
Entrepreneur
Financier
Investor
Shareholder
Omaha
Nebraska
Warren Edward Buffett
Treasury
Secretary
Difference
Differences
Makes

More quotes by Warren Buffett

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It’s not that I want money. It’s the fun of making money and watching it grow.
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Learning how to live is much more important than learning how to make a living.
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Managers thinking about accounting issues should never forget one of Abraham Lincoln's favorite riddles: How many legs does a dog have, if you call a tail a leg? The answer: Four, because calling a tail a leg doesn't make it a leg.
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You know, with your money and my brains, I mean, there's no telling how far we'd go.
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Does management resist the institutional imperative?
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Does the business have favourable long term prospects?
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There are 309 million people out there that are trying to improve their lot in life. And we've got a system that allows them to do it.
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I don't try and guess when to get in and out of the market. I have owned stocks consistently since 1942. I owned the - I was buying stocks the day before the election. I was buying the same stocks the day after election. And if Hillary had been elected, it would have been the same thing.
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The key to success is emotional stability.
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When Berkshire buys common stock, we approach the transaction as if we were buying into a private business.
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If the world couldn't see your results, would you rather be thought of as the world's greatest investor but in reality have the world's worst record? Or be thought of as the world's worst investor when you were actually the best?
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Equities will do well over time - you just have to avoid getting excited when other people are getting excited.
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I have a wonderful family. I have a job that I love and wonderful people who help me with it. It can't get any better than that.
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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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The most common cause of low prices is pessimism - sometimes pervasive, sometimes specific to a company or industry. We want to do business in such an environment, not because we like pessimism but because we like the prices it produces.
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The best thing I did was choose the right heroes.
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A CEO's behavior has a huge impact on managers down the line.
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Well, it may be all right in practice, but it will never work in theory
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We will prosper or suffer in controlled investments in relation to the operating performances of our businesses - we will not attempt to profit by playing various games in the securities markets.
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An investor should ordinarily hold a small piece of an outstanding business with the same tenacity that an owner would exhibit if he owned all of that business.
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