Warren Buffett Quotes, Rocks Quotes, Anomalies Quotes

You have to turn over a lot of rocks to find those little anomalies. You have to find the companies that are off the map - way off the map.

5 years ago

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Tags : Warren Buffett Quotes , Rocks Quotes , Anomalies Quotes

It is impossible to unsign a contract, so do all your thinking before you sign.

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Tags : Warren Buffett Quotes , Thinking Quotes , Impossible Quotes

OUR leaders have asked for “shared sacrifice.” But when they did the asking, they spared me. I checked with my mega-rich friends to learn what pain they were expecting. They, too, were left untouched.

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Tags : Warren Buffett Quotes , Pain Quotes , Sacrifice Quotes

Much success can be attributed to inactivity. Most investors cannot resist the temptation to constantly buy and sell.

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Tags : Warren Buffett Quotes , Temptation Quotes , Investing Quotes

We don't get paid for being busy, we get paid for being right.

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Tags : Warren Buffett Quotes , Busy Quotes , Being Busy Quotes

I bought a company in the mid-90s called Dexter Shoe and paid $400 million for it. And it went to zero. And I gave about $400 million worth of Berkshire stock, which is probably now worth $400 billion. But I've made lots of dumb decisions. That's part of the game.

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Tags : Warren Buffett Quotes , Zero Quotes , Games Quotes

Opportunities come infrequently. When it rains gold, put out the bucket, not the thimble.

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Tags : Warren Buffett Quotes , Rain Quotes , Opportunity Quotes

Failure comes from ego, greed, envy, fear, imitation. I have success not because I am smart, but because I am rational.

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Tags : Warren Buffett Quotes , Smart Quotes , Gossip Quotes

Our future rates of gain will fall far short of those achieved in the past. Berkshire's capital base is now simply too large to allow us to earn truly outsized returns. If you believe otherwise, you should consider a career in sales but avoid one in mathematics.

5 years ago

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Tags : Warren Buffett Quotes , Believe Quotes , Fall 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

I don't really think that, as a society, we [americans] want to confer blessings on generation after generation who contribute nothing to society, simply because somebody in the far distant past happened to amass a great sum of wealth.

5 years ago

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Tags : Warren Buffett Quotes , Blessing Quotes , Past Quotes

Diversification is protection against ignorance. It makes little sense if you know what you are doing.

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Tags : Warren Buffett Quotes , Life Quotes , Ignorance Quotes

Never depend on single income. Make investment to create a second source.

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Tags : Warren Buffett Quotes , Inspirational Quotes , Success 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

You have to understand accounting and you have to understand the nuances of accounting. It's the language of business and it's an imperfect language, but unless you are willing to put in the effort to learn accounting - how to read and interpret financial statements - you really shouldn't select stocks yourself

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Tags : Warren Buffett Quotes , Effort Quotes , Nuance Quotes

Valuing a business is part art and part science.

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Tags : Warren Buffett Quotes , Art Quotes

I don't have my diploma from the University of Nebraska hanging on my office wall, and I don't have my diploma from Columbia up there either-but I do have my Dale Carnegie graduation certificate proudly displayed.

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Tags : Warren Buffett Quotes , Wall Quotes , Office Quotes

Look at market fluctuations as your friend rather than your enemy; profit from folly rather than participate in it.

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Tags : Warren Buffett Quotes , Investment Success Quotes , Enemy Quotes

If at first you do succeed, quit trying on investing.

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Tags : Warren Buffett Quotes , Trying Quotes , Investing Quotes

The range of derivatives contracts is limited only by the imagination of man (or sometimes, so it seems, madmen). Say you want to write a contract speculating on the number of twins to be born in Nebraska in 2020. No problem-at a price, you will easily find an obliging counterparty.

5 years ago

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Tags : Warren Buffett Quotes , Business Quotes , Writing Quotes