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I mean, you know, you're not going to change the human animal. And the human animal really doesn't get a lot smarter.

Warren Buffett

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Warren Buffett
Age: 94
Born: 1930
Born: August 30
Entrepreneur
Financier
Investor
Shareholder
Omaha
Nebraska
Warren Edward Buffett
Mean
Going
Really
Smarter
Animal
Doesn
Change
Human
Humans

More quotes by Warren Buffett

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In my view, [the trade deficit] will create political turmoil at some point...Pretty soon, I think there will be a big adjustment.
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The fact that people will be full of greed, fear, or folly is predictable. The sequence is not predictable.
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The rest of the world really likes our stuff pretty well. It's just we buy so damn much of what they produce.
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... the best way to own common stocks is through an index fund.
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Continually challenge and be willing to amend your best loved ideas.
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If anything, taxes for the lower and middle class and maybe even the upper-middle class should even probably be cut further. But I think that people at the high end - people like myself - should be paying a lot more in taxes. We have it better than we've ever had it.
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Investment must be rational if you can't understand it, don't do it.
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I believe the chance of any event causing Berkshire to experience financial problems is essentially zero. We will always be prepared for the thousand-year flood in fact, if it occurswe will be selling life jackets to the unprepared.
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When the president of the United States goes out at, you know, 8:00 o'clock in the morning and then his own party votes gets him 2 to 1 in the house, you know that somehow a message isn't getting out. It takes real leadership.
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If you don't make mistakes you can't make decisions.
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I mean, you can explain the fact that these are depressed prices, you know. We think these assets are going to be worth a lot more. And I think that case can be made in certain situations. But I think to just say, you know, we're going to say a dollar of cash is worth $2 all of a sudden, it isn't worth $2. It's worth a dollar today.
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Focus on your customers and lead your people as though their lives depend on your success.
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Our system works. Over time, people will live better and better. We have a system that unleashes human potential, and now China has a system that unleashes human potential. We will have interruptions. We overshoot and undershoot sometimes, but your kids and grandkids will live better than you. Over time, we move ahead at a pretty damn rapid rate.
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Risk is a part of God's game, alike for men and nations.
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I mean, Hank Paulson is in there [ Treasury] at the wrong time, probably shouldn't have taken the job. He's a friend of mine. But he knows markets, he knows corporations' work, he knows money, and he's got the interests of the country at heart.
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My wealth has come from a combination of living in America, some lucky genes, and compound interest.
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The smartest side to take in a bidding war is the losing side.
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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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What motivates most gold purchasers is their belief that the ranks of the fearful will grow ... As 'bandwagon' investors join any party, they create their own truth - for a while.
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I think the FDIC was one of the great inventions of the American.
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