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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.
Warren Buffett
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Warren Buffett
Age: 94
Born: 1930
Born: August 30
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Omaha
Nebraska
Warren Edward Buffett
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More quotes by Warren Buffett
Investors should remember that excitement and expenses are their enemies.
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We set no volume goals in our insurance business generally-and certainly not in reinsurance-as virtually any volume can be achieved if profitability standards are ignored.
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You have to understand accounting and you have to understand the nuances of accounting. It's the language of business and it's an imperfect language, but unless you are willing to put in the effort to learn accounting - how to read and interpret financial statements - you really shouldn't select stocks yourself
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You can't stand to see your neighbor getting rich. You know you're smarter than he is and he's doing these things and he's getting rich.
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The rich are always going to say that, you know, just give us more money and we'll go out and spend more and then it will all trickle down to the rest of you. But that has not worked the last 10 years, and I hope the American public is catching on.
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When we really sit back with a smile on our face is when we run into a situation we can understand, where the facts are ascertainable and clear, and the course of action obvious.
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We don't read other people's opinions. We want to get the facts, and then think.
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We simply attempt to be fearful when others are greedy and to be greedy only when others are fearful.
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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 truth is, everything that has happened in my life... that I thought was a crushing event at the time, has turned out for the better.
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... it's important to have the right monetary policy. It's important for, to have the right fiscal policy. But it's nowhere near as important as just the normal regenerative capacity of American capitalism.
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Focus on your customers and lead your people as though their lives depend on your success.
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Knowing what to leave out is just as important as knowing what to focus on.
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I'm happy when I can spend every day doing the things that I like to do. That's my luxury.
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A hyperactive stock market is the pickpocket of enterprise.
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In fact, in my adult lifetime, I don't think I've ever seen people as fearful economically as they are right now.
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If you're an investor, you're looking on what the asset is going to do, if you're a speculator, you're commonly focusing on what the price of the object is going to do, and that's not our game.
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I think I could make you fifty percent a year on one million dollars. No, I know I could. I guarantee that.
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To win, the first thing you have to do is not lose.
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I mean [Franklin Delano] Roosevelt didn't - you know, when he came in, he didn't print any money.
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