Quote

There is seldom just one cockroach in the kitchen. You know, you turn on the light and, all of sudden, they all start scurrying around.

Warren Buffett

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Warren Buffett
Age: 94
Born: 1930
Born: August 30
Entrepreneur
Financier
Investor
Shareholder
Omaha
Nebraska
Warren Edward Buffett
Sudden
Kitchen
Turn
Start
Turns
Scurrying
Around
Cockroach
Light
Cockroaches
Seldom

More quotes by Warren Buffett

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Our goal is to find an outstanding business at a sensible price, not a mediocre business at a bargain price.
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If you have a harem of 40 women, you never get to know any of them very well.
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The most dangerous distractions are the ones you love, but that don’t love you back.
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Diversification is a protection against ignorance. It makes very little sense for those who know what they're doing.
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I do not believe in inheriting your position in society based on which womb you come from... I think a rich person should leave his children enough so they can do anything, but not enough so they can do nothing.
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Asset values and earning power are the dominant factors affecting the valuation of a controlling interest in a business. Market price, which governs valuation of minority interest positions, is of little or no importance in valuing a controlling interest.
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I am a huge bull on this country. We will not have a double-dip recession at all. I see our businesses coming back almost across the board.
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Only when the tide goes out do you discover who's been swimming naked.
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Equities will do well over time - you just have to avoid getting excited when other people are getting excited.
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Be fearful when there is greed and be greedy when there is fear.
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Inactivity strikes us as intelligent behavior.
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It makes a difference who the treasury secretary is.
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Gold has two significant shortcomings, being neither of much use nor procreative.
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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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I mean, you know, you're not going to change the human animal. And the human animal really doesn't get a lot smarter.
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If we start deciding, based on guesses or emotions, whether we will or won't participate in a business where we should have some long run edge, we're in trouble.
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Risk can be greatly reduced by concentrating on only a few holdings.
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Time is the friend of the wonderful company, the enemy of the mediocre.
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