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What's going to happen - things we're doing are going to have some inflationary consequences.
Warren Buffett
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Warren Buffett
Age: 94
Born: 1930
Born: August 30
Entrepreneur
Financier
Investor
Shareholder
Omaha
Nebraska
Warren Edward Buffett
Happen
Happens
Going
Things
Inflationary
Consequences
Consequence
More quotes by Warren Buffett
Never test the depth of river with both the feet.
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I insist on a lot of time being spent, almost every day, to just sit and think. That is very uncommon in American business. I read and think. So I do more reading and thinking, and make less impulse decisions than most people in business. I do it because I like this kind of life.
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When a management with reputation for brilliance gets hooked up with a business with a reputation for bad economics, it's the reputation of the business that remains intact.
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You have hedge funds and people like that buying these assets to yield 15 or 20 percent, I mean, that's the buyer for these people that are trying to unload them.
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The most important investment you can make is in yourself. Very few people get anything like their potential horsepower translated into the actual horsepower of their output in life. Potential exceeds realization for many people...The best asset is your own self. You can become to an enormous degree the person you want to be.
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The greatest Enemies of the Equity investor are Expenses and Emotions.
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My idea of a group decision is to look in the mirror.
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The most important investment you can make is in yourself... nobody can tax it or take it away from you.
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Only when the tide goes out do you discover who's been swimming naked.
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I don't have my diploma from the University of Nebraska hanging on my office wall, and I don't have my diploma from Columbia up there either-but I do have my Dale Carnegie graduation certificate proudly displayed.
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When forced to choose, I will not trade even a night's sleep for the chance of extra profits.
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I think that trying to invest through 535 people is a tough job, you know, and so I would give more latitude.
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It's got to be the best intellectual exercise out there. You're seeing through new situations every ten minutes. In the stock market you don't base your decisions on what the market is doing, but on what you think is rational. Bridge is about weighing gain/loss ratios. You're doing calculations all the time.
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In looking for people to hire, look for three qualities: integrity, intelligence and energy. And if they don't have the first, the other two will kill you.
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Nevertheless, as circumstances presently appear, I feel substantially greater size is more likely to harm future results than to help them. This might not be true for my own personal results, but it is likely to be true for your results.
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If this is a war, my side has the nuclear bomb. We have K Street. We have Wall Street. Debbie doesn't have anybody. I want a government that is responsive to the people who got the short straw in life.
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What the wise do in the beginning, fools do in the end.
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In the business world, the rearview mirror is always clearer than the windshield.
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When the brothel burns down, even the pretty girls have to run out.
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I don't like what's going on with the executive compensation.
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