Warren Buffett Quotes, Two Quotes, Gold Quotes

The major asset in this category is gold, currently a huge favorite of investors who fear almost all other assets, especially paper money (of whose value, as noted, they are right to be fearful). Gold, however, has two significant shortcomings, being neither of much use nor procreative. True, gold has some industrial and decorative utility, but the demand for these purposes is both limited and incapable of soaking up new production. Meanwhile, if you own one ounce of gold for an eternity, you will still own one ounce at its end.

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Tags : Warren Buffett Quotes , Two Quotes , Gold Quotes

I know what I want to do and it makes sense to get going.

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Tags : Warren Buffett Quotes , Want Quotes , Make Sense Quotes

My idea of a group decision is to look in the mirror.

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Tags : Warren Buffett Quotes , Mirrors Quotes , Ideas Quotes

I never attempt to make money on the stock market. I buy on the assumption that they could close the market the next day and not reopen it for five years.

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Tags : Warren Buffett Quotes , Money Quotes , Years Quotes

The difference between successful people and really successful people is that really successful people say no to almost everything.

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Tags : Warren Buffett Quotes , Life Quotes , Success Quotes

Our system works. Over time, people will live better and better. We have a system that unleashes human potential, and now China has a system that unleashes human potential. We will have interruptions. We overshoot and undershoot sometimes, but your kids and grandkids will live better than you. Over time, we move ahead at a pretty damn rapid rate.

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Tags : Warren Buffett Quotes , Moving Quotes , Kids Quotes

On his Giving Pledge philanthropy: The way I got the message out was to get a copy of FORBES, look down that 400 list and start making phone calls! Bill and Melinda [Gates] did the same thing. So keep publishing the list so I can milk it.

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Tags : Warren Buffett Quotes , Phones Quotes , Giving Quotes

If you're in a card game and you can't figure out who the patsy is, you're it.

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Tags : Warren Buffett Quotes , Games Quotes , Cards Quotes

Never count on making a good sale. Have the purchase price be so attractive that even a mediocre sale gives good results.

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Tags : Warren Buffett Quotes , Giving Quotes , Investing Quotes

When you combine ignorance and leverage, you get some pretty interesting results.

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Tags : Warren Buffett Quotes , Ignorance Quotes , Investing Money Quotes

The investor of today does not profit from yesterday's growth.

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Tags : Warren Buffett Quotes , War Quotes , Past Quotes

If AIG had tried to unwind their derivatives books. I don't know. It would have hit every institution in the world.

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Tags : Warren Buffett Quotes , Book Quotes , World Quotes

I've never been very fully employed either.

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Only those who will be sellers of equities in the near future should be happy at seeing stocks rise. Prospective purchasers should much prefer sinking prices.

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Tags : Warren Buffett Quotes , Investing Quotes , Should Quotes

When bills come due, only cash is legal tender. Don't leave home without it.

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Tags : Warren Buffett Quotes , Home Quotes , Cash Quotes

I don't know that I could draw one that's perfect. But I'd rather by approximately right than precisely wrong, and it would be precisely wrong to turn it down.

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Tags : Warren Buffett Quotes , Perfect Quotes , Would Be Quotes

You should look at stocks as small pieces of business.

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Tags : Warren Buffett Quotes , Looks Quotes , Pieces Quotes

Never get too hung up on mistakes.

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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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Tags : Warren Buffett Quotes , Should Have Quotes , Investment Quotes

We enjoy the process far more than the proceeds.

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Tags : Warren Buffett Quotes , Business Quotes , War Quotes