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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.
Warren Buffett
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Warren Buffett
Age: 94
Born: 1930
Born: August 30
Entrepreneur
Financier
Investor
Shareholder
Omaha
Nebraska
Warren Edward Buffett
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Treasury
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Secretary
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Vice
Presidential
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President
Secretaries
More quotes by Warren Buffett
In a bull market, one must avoid the error of the preening duck that quacks boastfully after a torrential rainstorm, thinking that its paddling skills have caused it to rise in the world. A right-thinking duck would instead compare its position after the downpour to that of the other ducks on the pond.
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The best education you can get is investing in yourself, and that doesn't mean college or university.
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Investing is simple, but not easy.
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If you gave me $100 billion and said take away the soft drink leadership of Coca-Cola in the world, I'd give it back to you and say it can't be done.
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If you want to soar like an eagle in life, you can't be flocking with the turkeys.
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Would your reply possibly be this? Well, it all depends on what my tax rate will be on the gain you're saying we're going to make. If the taxes are too high, I would rather leave the money in my savings account, earning a quarter of 1 percent. Only in Grover Norquist's imagination does such a response exist.
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The Happiest people DO NOT necessarily have the BEST THINGS. They simply APPRECIATE the things they have.
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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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It irritates the hell out of me but you can't buy love.
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Growth and value investing are joined at the hip.
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There seems to be some perverse human characteristic that likes to make easy things difficult.
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I make plenty of mistakes and I'll make plenty more mistakes, too. That's part of the game. You've just got to make sure that the right things overcome the wrong ones.
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If you can't communicate and talk to other people and get across your ideas, you're giving up your potential.
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Investors should remember that excitement and expenses are their enemies. And if they insist on trying to time their participation in equities, they should try to be fearful when others are greedy and greedy only when others are fearful.
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There are certain things that cannot be adequately explained to a virgin either by words or pictures.
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Let blockheads read what blockheads wrote.
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When the brothel burns down, even the pretty girls have to run out.
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Money to some extent sometimes let you be in more interesting environments. But it can't change how many people love you or how healthy you are.
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People always should know better. People don't get - they don't get smarter about things that get as basic as greed.
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Many stock options in the corporate world have worked in exactly that fashion: they have gained in value simply because management retained earnings, not because it did well with the capital in its hands.
Warren Buffett
