Warren Buffett Quotes, Children Quotes, Mistake Quotes

Most business mistakes are irreversible setbacks, but you get another chance. There are two things in life that you don't get another chance at - marrying the wrong person and what you do with your children.

5 years ago

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Tags : Warren Buffett Quotes , Children Quotes , Mistake Quotes

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

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Tags : Warren Buffett Quotes , Forgiving Quotes , Reputation Quotes

If you can eliminate the government as a 39.6% partner, then you will be much better off.

5 years ago

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Tags : Warren Buffett Quotes , Government Quotes , Investing Quotes

I think any time you couple the term "Wall Street" with "bailout" or something like that, you know - I don't like what's going on in Wall Street.

5 years ago

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Tags : Warren Buffett Quotes , Wall Quotes , Couple Quotes

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.

5 years ago

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Tags : Warren Buffett Quotes , Hurt Quotes , Business Quotes

I have this complicated procedure I go through every morning, which is to look in the mirror and decide what I'm going to do. And I feel at that point, everybody's had their say.

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Tags : Warren Buffett Quotes , Morning Quotes , Mirrors Quotes

The fact that people will be full of greed, fear, or folly is predictable. The sequence is not predictable.

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Tags : Warren Buffett Quotes , People Quotes , Greed Quotes

...I will give you two pieces of advice. Invest as much in yourself as you can; you are your own best asset by far. Then follow your passion; you want to be really excited to get out of bed every morning.

5 years ago

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Tags : Warren Buffett Quotes , Morning Quotes , Passion Quotes

People should always know better.

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Tags : Warren Buffett Quotes , People Quotes , Should Quotes

We like to buy businesses, but we don't like to sell them.

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Tags : Warren Buffett Quotes , Investing Quotes

Great investment opportunities come around when excellent companies are surrounded by unusual circumstances that cause the stock to be misappraised.

5 years ago

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Tags : Warren Buffett Quotes , Business Quotes , War Quotes

I think you are out of your mind if you keep taking jobs that you don't like because you think it will look good on your resume. Isn't that a little like saving up sex for your old age?

5 years ago

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Tags : Warren Buffett Quotes , Life Quotes , Jobs Quotes

There is one thing of which I can assure you. If good performance of the fund is even a minor objective, any portfolio encompassing one hundred stocks (whether the manager is handling one thousand dollars or one billion dollars) is not being operated logically. The addition of the one hundredth stock simply can't reduce the potential variance in portfolio performance sufficiently to compensate for the negative effect its inclusion has on the overall portfolio expectation.

5 years ago

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Tags : Warren Buffett Quotes , Expectations Quotes , Negative Quotes

It makes no difference to a widow with her savings in a 5 percent passbook account whether she pays 100 percent income tax on her interest income during a period of zero inflation or pays no income tax during years of 5 percent inflation. Either way, she is 'taxed' in a manner that leaves her no real income whatsoever. Any money she spends comes right out of capital. She would find outrageous a 100 percent income tax but doesn't seem to notice that 5 percent inflation is the economic equivalent.

5 years ago

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Tags : Warren Buffett Quotes , Zero Quotes , Real Quotes

I'm happy when I can spend every day doing the things that I like to do. That's my luxury.

5 years ago

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Tags : Warren Buffett Quotes , Luxury Quotes

Look for 3 things in a person. Intelligence, Energy, & Integrity. If they don't have the last one, don't even bother with the first two.

5 years ago

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Tags : Warren Buffett Quotes , Integrity Quotes , Two Quotes

I don't want to be on the other side of the table from the customer. I was never selling anything that I didn't believe in myself or use myself.

5 years ago

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Tags : Warren Buffett Quotes , Believe Quotes , Use Quotes

In our view, though, investment students need only two well-taught courses-How to Value a Business, and How to Think about Market Prices. Your goal as an investor should simply be to purchase, at a rational price, a part interest in an easily-understandable business who's earnings are virtually certain to be materially higher five, ten and twenty years from now.

5 years ago

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Tags : Warren Buffett Quotes , Thinking Quotes , Two Quotes

What an investor needs is the ability to correctly evaluate selected businesses. Note that word “selected”: You don't have to be an expert on every company, or even many. You only have to be able to evaluate companies within your circle of competence. The size of that circle is not very important; knowing its boundaries, however, is vital.

5 years ago

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Tags : Warren Buffett Quotes , Circles Quotes , Knowing Quotes

Fund consultants like to require style boxes such as "long-short," "macro," "international equities." At Berkshire our only style box is "smart."

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Tags : Warren Buffett Quotes , Smart Quotes , Long Quotes