Warren Buffett Quotes, Minorities Quotes, Littles Quotes

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.

5 years ago

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Tags : Warren Buffett Quotes , Minorities Quotes , Littles 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

I just think that - when a country needs more income and we do, we're only taking in 15 percent of GDP, I mean, that - that - when a country needs more income, they should get it from the people that have it.

5 years ago

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Tags : Warren Buffett Quotes , Country Quotes , Mean Quotes

The Stock Market is designed to transfer money from the Active to the Patient.

5 years ago

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Tags : Warren Buffett Quotes , Money Quotes , Investing Quotes

Always invest for the long term.

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Tags : Warren Buffett Quotes , Long Quotes , Investing Quotes

Money will always flow toward opportunity, and there is an abundance of that in America.

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Tags : Warren Buffett Quotes , Opportunity Quotes , America 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

We intend to continue our practice of working only with people whom we like and admire. This policy not only maximizes our chances for good results, it also ensures us an extraordinarily good time.

5 years ago

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Tags : Warren Buffett Quotes , Life Quotes , Practice Quotes

Either they're trying to con you or they're trying to con themselves.

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There is no perfect mathematical formula for pricing a business.

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Tags : Warren Buffett Quotes , Perfect Quotes , Mathematical Quotes

I try to buy stock in businesses that are so wonderful that an idiot can run them. Because sooner or later, one will.

5 years ago

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Tags : Warren Buffett Quotes , Running Quotes , Business Quotes

I read annual reports of the company I'm looking at and I read the annual reports of the competitors - that is the main source of material.

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Tags : Warren Buffett Quotes , Source Quotes , Annual Reports Quotes

It will be good for us in the long run, and I mean there are, you know, six and a half billion people in this world. And it's great for 300 million to keep enjoying more and more property, but I think it's terrific if, you know, the remainder do.

5 years ago

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Tags : Warren Buffett Quotes , Running Quotes , Mean Quotes

Take Wrigley's Chewing Gum. I don't think the Internet is going to change how people chew gum.

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Tags : Warren Buffett Quotes , Thinking Quotes , People Quotes

The future is never clear; you pay a very high price in the stock market for a cheery consensus. Uncertainty actually is the friend of the buyer of long-term values.

5 years ago

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Tags : Warren Buffett Quotes , Long Quotes , Pay Quotes

With housing it's something even more dramatic than that, because most people aspire to own their own home.If you really think that houses prices are going to go up next year and the year after, you feel if I don't buy it this year, I'm going to have to buy it next year.That's not true of an Internet stock. But it's true of a home.

5 years ago

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Tags : Warren Buffett Quotes , Home Quotes , Thinking Quotes

Having first rate people on the team is more important than designing hierarchies and clarifying who reports to whom.

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Tags : Warren Buffett Quotes , Team Quotes , People 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

It's easier to create money than to spend it.

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If you knew what was going to happen in the economy, you still wouldn't necessarily know what was going to happen in the stock market.

5 years ago

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Tags : Warren Buffett Quotes , Investing Quotes , Economy Quotes