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I think the FDIC was one of the great inventions of the American.
Warren Buffett
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Warren Buffett
Age: 94
Born: 1930
Born: August 30
Entrepreneur
Financier
Investor
Shareholder
Omaha
Nebraska
Warren Edward Buffett
American
Great
Think
Thinking
Inventions
Invention
More quotes by Warren Buffett
Shares are not mere pieces of paper. They represent part ownership of a business. So, when contemplating an investment, think like a prospective owner.
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The most dangerous distractions are the ones you love, but that don’t love you back.
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I think you are out of your mind if you keep taking jobs that you don't like because you think it will look good on your resume. Isn't that a little like saving up sex for your old age?
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There's not many businesses where someone can come in and offer to cut the price in half and somebody doesn't think about shifting. But that's the nature of the ratings business.
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Either they're trying to con you or they're trying to con themselves.
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I like to go for cinches. I like to shoot fish in a barrel. But I like to do it after the water has run out.
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I don't really think that, as a society, we [americans] want to confer blessings on generation after generation who contribute nothing to society, simply because somebody in the far distant past happened to amass a great sum of wealth.
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Energy deregulation will be the largest transfer of wealth in history.
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Like most trends, at the beginning it's driven by fundamentals, at some point speculation takes over. What the wise man does in the beginning, the fool does in the end.
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Problems in a company are like cockroaches in the kitchen. You will never find just one
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Take the job you would take if you were independently wealthy. You're going to do well at it.
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Money is not everything. Make sure you earn a lot before speaking such nonsense.
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The fundamental basis of above-average performance in the long run is sustainable competitive advantage.
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We enjoy the process far more than the proceeds.
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Learning how to live is much more important than learning how to make a living.
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We've actually been pretty good on exports. I mean we are exporting 12% of our GDP now roughly.
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I know that Congress will do the right thing.
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The secret to happiness is having low expectations.
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We will reject interesting opportunities rather than over-leverage our balance sheet.
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You have to be able to communicate in life and probably schools underemphasize that. If you can't talk to people or write, you're giving up your potential.
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