Warren Buffett Quotes, Offering Quotes, Foolish Quotes

The (stock) market is there only as a reference point to see if anybody is offering to do anything foolish. When we invest in stocks, we invest in businesses.

5 years ago

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Tags : Warren Buffett Quotes , Offering Quotes , Foolish Quotes

Americans are in a cycle of fear which leads to people not wanting to spend and not wanting to make investments, and that leads to more fear. We'll break out of it. It takes time.

5 years ago

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Tags : Warren Buffett Quotes , Inspirational Quotes , Fear Quotes

You are lucky in life if you have the right heroes. I advise all of you, to the extent you can, to pick out a few heroes

5 years ago

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Tags : Warren Buffett Quotes , Hero Quotes , Lucky Quotes

Investing is the greatest business in the world because you never have to swing. You stand at the plate; the pitcher throws you General Motors at 47! U.S. Steel at 39! And nobody calls a strike on you. There's no penalty except opportunity. All day you wait for the pitch you like; then, when the fielders are asleep, you step up and hit it.

5 years ago

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Tags : Warren Buffett Quotes , Opportunity Quotes , Swings Quotes

The managers at fault periodically report on the lesson they have learned from the latest disappointment. They then usually seek out future lessons.

5 years ago

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Tags : Warren Buffett Quotes , Disappointment Quotes , Lessons Quotes

The same things happen to quite an extent around the globe. I mean, the European banks were doing what the American banks were.

5 years ago

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Tags : Warren Buffett Quotes , Mean Quotes , Globes Quotes

If you gave me $100 billion and said take away the soft drink leadership of Coca-Cola in the world, I'd give it back to you and say it can't be done.

5 years ago

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Tags : Warren Buffett Quotes , Giving Quotes , Soft Drinks Quotes

A prediction about the direction of the stock market tells you nothing about where stocks are headed, but a whole lot about the person doing the predicting.

5 years ago

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Tags : Warren Buffett Quotes , Investing Quotes , Predictions Quotes

If you know how to value businesses, it's crazy to own 50 stocks or 40 stocks or 30 stocks, probably because there aren't that many wonderful businesses understandable to a single human being in all likelihood. To forego buying more of some super-wonderful business and instead put your money into #30 or #35 on your list of attractiveness just strikes Charlie and me as madness.

5 years ago

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Tags : Warren Buffett Quotes , Crazy Quotes , Investing Quotes

You have to be able to communicate in life and probably schools underemphasize that. If you can't talk to people or write, you're giving up your potential.

5 years ago

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Tags : Warren Buffett Quotes , Giving Up Quotes , Writing Quotes

If you lose money for the firm, I will be forgiving. If you lose reputation, I will be ruthless.

5 years ago

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Tags : Warren Buffett Quotes , Forgiving Quotes , Reputation Quotes

I get to do what I like to do every single day of the year.

5 years ago

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Tags : Warren Buffett Quotes , Years Quotes , Investing Quotes

I mean there is no capital requirements to it or anything of the sort. And basically, I said there were possibly financial weapons of mass destruction, and they had them. They destroyed AIG. They certainly contributed to the destruction of Bear Sterns and Lehman. Although Lehman had other problems, too.

5 years ago

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Tags : Warren Buffett Quotes , Mean Quotes , Mass Destruction Quotes

Inflation could be a very - is a likely consequence out of what's going on now.

5 years ago

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Tags : Warren Buffett Quotes , Inflation Quotes

We have learned to turn out lots of goods and services, but we haven't learned as well how to have everybody share in the bounty. The obligation of a society as prosperous as ours is to figure out how nobody gets left too far behind.

5 years ago

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Tags : Warren Buffett Quotes , Share Quotes , Figures Quotes

Whatever you like to do, make it a hobby and whatever the world likes to do, make it a business.

5 years ago

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Tags : Warren Buffett Quotes , Hobbies Quotes , World Quotes

Uncertainty is the friend of the buyer of long term values.

5 years ago

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Tags : Warren Buffett Quotes , Long Quotes , Buyers Quotes

If I got any good ideas out of that or I think they're good ideas, I'll be glad to contribute them but the system will probably overdo some other things.

5 years ago

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Tags : Warren Buffett Quotes , Thinking Quotes , Ideas Quotes

None of this means, however, that a business or stock is an intelligent purchase simply because it is unpopular; a contrarian approach is just as foolish as a follow-the-crowd strategy. What's required is thinking rather than polling. Unfortunately, Bertrand Russell's observation about life in general applies with unusual force in the financial world: "Most men would rather die than think. Many do."

5 years ago

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Tags : Warren Buffett Quotes , Business Quotes , Mean Quotes

I think what people understand there probably - well, they were hoping the private sector would do it [rescuing AIG ].

5 years ago

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Tags : Warren Buffett Quotes , Thinking Quotes , People Quotes