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There is no staff. I make all the investment decisions and I do all my own analysis.
Warren Buffett
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Warren Buffett
Age: 94
Born: 1930
Born: August 30
Entrepreneur
Financier
Investor
Shareholder
Omaha
Nebraska
Warren Edward Buffett
Make
Staff
Analysis
Investment
Decisions
Decision
More quotes by Warren Buffett
AIG would be doing fine today. It was one of the ten largest companies in the United States in terms of market value, over 200 billion, the most respected insurer and everything in the world.
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It irritates the hell out of me but you can't buy love.
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Occasionally, a man must rise above principles.
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I bought a company in the mid-90s called Dexter Shoe and paid $400 million for it. And it went to zero. And I gave about $400 million worth of Berkshire stock, which is probably now worth $400 billion. But I've made lots of dumb decisions. That's part of the game.
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I always say that in investing you want to buy stock in a company that has a business that's so good that an idiot can run it, because sooner or later one will. We have a country like that.
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The purpose of life is to be loved by as many people as possible among those you want to have love you
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The big question about how people behave is whether they've got an Inner Scorecard or an Outer Scorecard. It helps if you can be satisfied with an Inner Scorecard.
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We do not view the company itself as the ultimate owner of our business assets but instead view the company as a conduit through which our shareholders own assets.
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That which is not worth doing at all is not worth doing well.
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As of 1992, in fact-though the picture would have improved since then-the money that had been made since the dawn of aviation by all of this country's airline companies was zero. Absolutely zero.
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I think it will get moving faster. I mean once you get it off the - once credit flows - now the recession is going to get worse.
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We all make mistakes. If you can't make mistakes, you can't make decisions. I've made a lot bigger mistakes myself.
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With each investment you make, you should have the courage and the conviction to place at least ten per cent of your net worth in that stock
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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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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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Investing in a market where people believe in efficiency is like playing bridge with someone who has been told it doesn't do any good to look at the cards.
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Anyone who believes a growth rate in excess of 15% per annum over the long term is attainable should pursue a career in sales, but avoid one in mathematics.
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There’s class warfare, all right, but it’s my class, the rich class, that’s making war, and we’re winning.
Warren Buffett
Gold has two significant shortcomings, being neither of much use nor procreative.
Warren Buffett
In other words, the percentage change in book value in any given year is likely to be reasonably close to that year's change in intrinsic value.
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