Warren Buffett Quotes, Investing Quotes, Firsts Quotes

First come the innovators, then come the imitators, then come the idiots.

5 years ago

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Tags : Warren Buffett Quotes , Investing Quotes , Firsts Quotes

But 300 million Americans, their lending institutions, their government, their media, all believed that house prices were going to go up consistently. And that got billed into a $20 trillion residential home market. Lending was done based on it, and everybody did a lot of foolish things.

5 years ago

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Tags : Warren Buffett Quotes , Home Quotes , Government Quotes

Government can't deliver a free lunch to the country as a whole. It can, however, determine who pays for lunch. And last week the Senate handed the bill to the wrong party... the poor and middle class.

5 years ago

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Tags : Warren Buffett Quotes , Country Quotes , Party Quotes

I mean the truth is, I've never had it so good in terms of taxes. I am paying the lowest tax rate that I've ever paid in my life.

5 years ago

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Tags : Warren Buffett Quotes , Mean Quotes , Truth Is Quotes

Buy into a company because you want to own it, not because you want the stock to go up.

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

Does management resist the institutional imperative?

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Tags : Warren Buffett Quotes , Doe Quotes , Investing Quotes

A low-cost index fund is the most sensible equity investment for the great majority of investors. My mentor, Ben Graham, took this position many years ago, and everything I have seen since convinces me of its truth.

5 years ago

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Tags : Warren Buffett Quotes , Years Quotes , Mentor Quotes

The obligation of a society as prosperous as ours is to figure out how nobody gets left too far behind.

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Tags : Warren Buffett Quotes , Figures Quotes , Obligation Quotes

Beware of geeks bearing formulas.

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Tags : Warren Buffett Quotes , Saving Quotes , Investing Quotes

We will continue to ignore political and economic forecasts, which are an expensive distraction for many investors and businessmen. Thirty years ago, no one could have foreseen the huge expansion of the Vietnam War, wage and price controls, two oil shocks, the resignation of a president, the dissolution of the Soviet Union, a one-day drop in the Dow of 508 points, or treasury bill yields fluctuating between 2.8% and 17.4%.

5 years ago

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Tags : Warren Buffett Quotes , War Quotes , Yield Quotes

Never ask a barber if you need a haircut.

5 years ago

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Tags : Warren Buffett Quotes , Cowboy Quotes , Needs Quotes

I view derivatives as time bombs, both for the parties that deal in them and the economic system.

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Tags : Warren Buffett Quotes , Party Quotes , Views Quotes

I mean [Franklin Delano] Roosevelt didn't - you know, when he came in, he didn't print any money.

5 years ago

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Tags : Warren Buffett Quotes , Mean Quotes , Franklin Delano Roosevelt Quotes

I checked the actuarial tables, and the lowest death rate is among six-year-olds. So I decided to eat like a six-year-old.

5 years ago

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Tags : Warren Buffett Quotes , Years Quotes , Tables Quotes

Bull markets and Bear markets can obscure mathematical laws, they cannot repeal them.

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Tags : Warren Buffett Quotes , Law Quotes , Bulls Quotes

The value of a business is the cash it's going to produce in the future.

5 years ago

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Tags : Warren Buffett Quotes , Cash Quotes , Produce Quotes

It takes 150 years to build an investment bank and only five minutes to convince you to sell me preferred stock in it at a 10% interest rate.

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Tags : Warren Buffett Quotes , Years Quotes , Investment Quotes

Don't invest in pieces of papers (stocks), invest in great businesses underlying them

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I learned to go into business only with people whom I like, trust, and admire.

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Tags : Warren Buffett Quotes , People Quotes

An ounce of prevention is worth a pound of cure understated.

5 years ago

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Tags : Warren Buffett Quotes , Prevention Quotes , Pounds Quotes