Warren Buffett Quotes, Heart Quotes, Car Quotes

Having a large amount of leverage is like driving a car with a dagger on the steering wheel pointed at your heart. If you do that, you will be a better driver. There will be fewer accidents but when they happen, they will be fatal.

5 years ago

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Tags : Warren Buffett Quotes , Heart Quotes , Car Quotes

What's nice about investing is you don't have to swing at every pitch.

5 years ago

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Tags : Warren Buffett Quotes , Business Quotes , Nice Quotes

We have usually made our best purchases when apprehensions about some macro event were at a peak. Fear is the foe of the faddist, but the friend of the fundamentalist.

5 years ago

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Tags : Warren Buffett Quotes , Events Quotes , Made Quotes

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

5 years ago

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Tags : Warren Buffett Quotes , War Quotes , Past Quotes

Can you know you can have institutions that put curbs on that in various ways, and actually what the banks, you know, they have various capital ratios and that sort of thing, but the banks got around them, I mean, they set up sieves and that sort of thing just to get more leverage. People love leverage when it's working. I mean, it's so easy to borrow money from a guy at X and put it out at X.

5 years ago

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Tags : Warren Buffett Quotes , Mean Quotes , People Quotes

Nevertheless, as circumstances presently appear, I feel substantially greater size is more likely to harm future results than to help them. This might not be true for my own personal results, but it is likely to be true for your results.

5 years ago

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Tags : Warren Buffett Quotes , Might Quotes , Size Quotes

If you're extremely rich, and you have got children, my theory was, you give them enough so they can do anything, but not enough so they can do nothing.

5 years ago

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Tags : Warren Buffett Quotes , Children Quotes , Giving Quotes

There are three kinds of people: 1. Innovators. 2. Imitators. 3. Idiots.

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Tags : Warren Buffett Quotes , Creativity Quotes , People Quotes

The American economy is going to do fine. But it won't do fine every year and every week and every month. I mean, if you don't believe that, forget about buying stocks anyway... It's a positive-sum game, long term. And the only way an investor can get killed is by high fees or by trying to outsmart the market.

5 years ago

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Tags : Warren Buffett Quotes , Believe Quotes , Mean 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

Managers thinking about accounting issues should never forget one of Abraham Lincoln's favorite riddles: How many legs does a dog have, if you call a tail a leg? The answer: Four, because calling a tail a leg doesn't make it a leg.

5 years ago

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Tags : Warren Buffett Quotes , Dog Quotes , Thinking Quotes

Only when you combine sound intellect with emotional discipline do you get rational behavior.

5 years ago

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Tags : Warren Buffett Quotes , Emotional Quotes , Discipline Quotes

What we really want to do is buy businesses that we would be happy to own forever.

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

Risk comes from not knowing what you are doing so wide diversification is only required when investors are ignorant. You only have to do a very few things in your life so long as you don't do too many things wrong.

5 years ago

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Tags : Warren Buffett Quotes , Knowing Quotes , Long Quotes

You can't help some increase from this point. I don't want any viewer to go away think a magic wand exists in Congress. So they're going to see some more bad news. But if we do this, we're doing the right thing.

5 years ago

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Tags : Warren Buffett Quotes , Thinking Quotes , Magic Quotes

It is better to point out your own mistakes than have somebody else do it.

5 years ago

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Tags : Warren Buffett Quotes

We are trading away a little bit of our country all the time for this access consumption that we have over what we've produced. That is not good. I think it's terrible over time. But our country's productive grows enough so we actually can do that, and we'll still be better off. We just don't be as well off as if we hadn't done it.

5 years ago

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Tags : Warren Buffett Quotes , Country Quotes , Thinking Quotes

If the reason for doing something is that everyone else is doing it, it's not a good enough reason.

5 years ago

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Tags : Warren Buffett Quotes , Reason Quotes , Good Enough Quotes

Goldman Sachs saying they might be interested in such an investment. I'm familiar with the company. I've known the management, the current management, Jack Welch before Jeff Immelt. I've known him for decades.

5 years ago

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Tags : Warren Buffett Quotes , Might Quotes , Management Quotes

If we start deciding, based on guesses or emotions, whether we will or won't participate in a business where we should have some long run edge, we're in trouble.

5 years ago

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