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The extraordinary business does not require good management.

Warren Buffett

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Warren Buffett
Age: 94
Born: 1930
Born: August 30
Entrepreneur
Financier
Investor
Shareholder
Omaha
Nebraska
Warren Edward Buffett
Business
Doe
Good
Require
Management
Extraordinary

More quotes by Warren Buffett

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Our approach is very much profiting from lack of change rather than from change. With Wrigley chewing gum, it's the lack of change that appeals to me. I don't think it is going to be hurt by the Internet. That's the kind of business I like.
Warren Buffett
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The active investors will have their returns diminished by a far greater percentage than will their inactive brethren. That means that the passive group - the know-nothings - must win.
Warren Buffett
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I would say it's more important who the treasury secretary is than who the vice president is. If you want to have a debate here, I'd like a debate between potential treasury secretaries than the vice presidential debate.
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Inflation could be a very - is a likely consequence out of what's going on now.
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If you don't make mistakes you can't make decisions.
Warren Buffett
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Having first rate people on the team is more important than designing hierarchies and clarifying who reports to whom.
Warren Buffett
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Let only individuals contribute - with sensible limits per election. Otherwise, we are well on our way to ensuring that a government of the moneyed, by the moneyed, and for the moneyed shall not perish from the earth.
Warren Buffett
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There seems to be some perverse human characteristic that likes to make easy things difficult.
Warren Buffett
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We don't have to be smarter than the rest. We have to be more disciplined than the rest.
Warren Buffett
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It makes a difference who the treasury secretary is.
Warren Buffett
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It's not debt per say that overwhelms an individual corporation or country. Rather it is a continuous increase in debt in relation to income that causes trouble.
Warren Buffett
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It's going to be tough because the economy is going to be getting worse for a while. And it might fall off a cliff if this doesn't pass. But nobody will ever know that if it does.
Warren Buffett
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I do not like debt and do not like to invest in companies that have too much debt, particularly long-term debt. With long-term debt, increases in interest rates can drastically affect company profits and make future cash flows less predictable.
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If you don't know the Jewelry, know the Jeweller
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In the business world, the rearview mirror is always clearer than the windshield.
Warren Buffett
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Everybody's got a different circle of competence. The important thing is not how big the circle is. The important thing is staying inside the circle.
Warren Buffett
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Take the probability of loss times the amount of possible loss from the probability of gain times the amount of possible gain. That is what we're trying to do. It's imperfect, but that's what it's all about.
Warren Buffett
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We're perfectly willing to trade away a big payoff for a certain payoff.
Warren Buffett
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Why not invest your assets in the companies you really like? As Mae West said, 'Too much of a good thing can be wonderful'.
Warren Buffett
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If anything, taxes for the lower and middle class and maybe even the upper-middle class should even probably be cut further. But I think that people at the high end - people like myself - should be paying a lot more in taxes. We have it better than we've ever had it.
Warren Buffett