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That's the reality of what they're going to sell them to the Treasury for.
Warren Buffett
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Warren Buffett
Age: 94
Born: 1930
Born: August 30
Entrepreneur
Financier
Investor
Shareholder
Omaha
Nebraska
Warren Edward Buffett
Going
Treasury
Sell
Sells
Reality
More quotes by Warren Buffett
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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Valuing a business is part art and part science.
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If you have a great manager, you want to pay him very well.
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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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A public-opinion poll is no substitute for thought.
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Investors have to remember: corporate profits are going up, but stocks are going up faster. How can that continue indefinitely? Investors can only earn what companies themselves can earn the government or the markets themselves don't kick anything in. How can you get anything more out of a farm than what it grows?
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Take Wrigley's Chewing Gum. I don't think the Internet is going to change how people chew gum.
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My father was the best person i've ever known.
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It is not necessary to do extraordinary things to get extraordinary results.
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I think the worst mistake you can make in stocks is to buy or sell based on current headlines.
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Look at market fluctuations as your friend rather than your enemy profit from folly rather than participate in it.
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You get what I call the natural progression, the three Is. The innovators, the imitators, and the idiots.
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We're perfectly willing to trade away a big payoff for a certain payoff.
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If we have a strength, it is in recognizing when we are operating well within our circle of competence and when we are approaching the perimeter.
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When you're associating with the people that you love, doing what you love, it doesn't get any better than that.
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I have this complicated procedure I go through every morning, which is to look in the mirror and decide what I'm going to do. And I feel at that point, everybody's had their say.
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Banking is very good business if you don't do anything dumb.
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We've got more productive capacity now than we ever have.
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We like to buy businesses, but we don't like to sell them.
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I do not believe in inheriting your position in society based on which womb you come from... I think a rich person should leave his children enough so they can do anything, but not enough so they can do nothing.
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