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I think that actually people in my situation should be paying more tax.

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
Thinking
People
Paying
Taxes
Situation
Actually

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My net worth is the market value of holdings less the tax payable upon sale. The liability is just as real as the asset unless the value of the asset declines (ouch), the asset is given away (no comment), or I die with it. The latter course of action would appear to at least border on a Pyrrhic victory.
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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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We don't have to be smarter than the rest. We have to be more disciplined than the rest.
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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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If you cannot control your emotions, you cannot control your money.
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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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I never invest in anything that I don't understand.
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If you’re in the luckiest one per cent of humanity, you owe it to the rest of humanity to think about the other 99 per cent.
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We always see shifts in employment. If you think about it, if you go back to 1800, it took 80 percent of the labor force to produce enough food for the country. Now it takes less than 3 percent. Well, the truth is that market systems move people around.
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Honesty is a very expensive gift, Don't expect it from cheap people.
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House prices just soared beyond - beyond reason in many places and they got financed in silly ways, and people lied about loans, all kinds of accesses entered into it. But that is what - that is the single biggest cause of why we're here.
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You don't want 300 million Americans putting their money under the mattress.
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I would say the biggest single cause was we had an incredible residential real estate bubble.
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Never be afraid to ask for too much when selling or offer too little when buying.
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Emotional makeup is more important than technical skill
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Every day that goes by, I mean, if you don't react to Pearl Harbor for a week or two weeks or three weeks, you're behind in the war that you otherwise would have fought.
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All but a few of the organizations do not specifically promise to deliver superior investment performance although it is perhaps not unreasonable for the public to draw such an inference from their advertised emphasis on professional management.
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A public-opinion poll is no substitute for thought.
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Making money isn't the backbone of our guiding purpose it is the by-product of our guiding purpose.
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I wouldn’t mind going to jail if I had three cellmates who played bridge
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