Warren Buffett Quotes, Loyalty Quotes, Smoking Quotes

I'll tell you why I like the cigarette business. It cost a penny to make. Sell it for a dollar. It's addictive. And there's a fantastic brand loyalty.

4 years ago

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Tags : Warren Buffett Quotes , Loyalty Quotes , Smoking Quotes

If you want to soar like an eagle in life, you can't be flocking with the turkeys.

4 years ago

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Tags : Warren Buffett Quotes , Eagles Quotes , Turkeys Quotes

I don't measure my life by the money I've made. Other people might, but certainly don't.

4 years ago

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Tags : Warren Buffett Quotes , People Quotes , Investing Quotes

You can't stand to see your neighbor getting rich. You know you're smarter than he is and he's doing these things and he's getting rich.

4 years ago

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Tags : Warren Buffett Quotes , Rich Quotes , Neighbor Quotes

I mean, you know, you're not going to change the human animal. And the human animal really doesn't get a lot smarter.

4 years ago

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Tags : Warren Buffett Quotes , Mean Quotes , Animal Quotes

The best way in my view is to just buy a low-cost index fund and keep buying it regularly over time, because you'll be buying into a wonderful industry, which in effect is all of American industry... People ought to sit back and relax and keep accumulating over time.

4 years ago

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Tags : Warren Buffett Quotes , Views Quotes , People Quotes

Investors making purchases in an overheated market need to recognize that it may often take an extended period for the value of even an outstanding company to catch up with the price they paid.

4 years ago

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Tags : Warren Buffett Quotes , Needs Quotes , Investing Quotes

I knew a lot about what I did when I was 20. I had read a lot, and I aspired to learn everything I could about the subject.

4 years ago

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Tags : Warren Buffett Quotes , Investing Quotes

You know, people talk about this being an uncertain time. You know, all time is uncertain. I mean, it was uncertain back in - in 2007, we just didn't know it was uncertain. It was - uncertain on September 10th, 2001. It was uncertain on October 18th, 1987, you just didn't know it.

4 years ago

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Tags : Warren Buffett Quotes , Mean Quotes , People Quotes

You know, with your money and my brains, I mean, there's no telling how far we'd go.

4 years ago

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Tags : Warren Buffett Quotes , Mean Quotes , Brain Quotes

Economic medicine that was previously meted out by the cupful has recently been dispensed by the barrel. These once unthinkable dosages will almost certainly bring on unwelcome after-effects. Their precise nature is anyone's guess, though one likely consequence is an onslaught of inflation.

4 years ago

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Tags : Warren Buffett Quotes , Medicine Quotes , Economic Quotes

I think that both parties should declare the debt limit as a political weapon of mass destruction which can't be used. I mean, it is silly to have a country that has 237 years building up its reputation and then have people threaten to tear it down because they're not getting some other matter.

4 years ago

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Tags : Warren Buffett Quotes , Country Quotes , Silly Quotes

Investment students need only two well-taught courses - How to Value a Business and How to Think About Market Prices

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Tags : Warren Buffett Quotes , Thinking Quotes , Two Quotes

In the 20th century, the United States endured two world wars and other traumatic and expensive military conflicts; the Depression; a dozen or so recessions and financial panics; oil shocks; a flu epidemic; and the resignation of a disgraced president. Yet the Dow rose from 66 to 11,497.

4 years ago

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Tags : Warren Buffett Quotes , Business Quotes , Military Quotes

The most common cause of low prices is pessimism - sometimes pervasive, sometimes specific to a company or industry. We want to do business in such an environment, not because we like pessimism but because we like the prices it produces.

4 years ago

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Tags : Warren Buffett Quotes , Business Quotes , Insightful Quotes

If you understood a business perfectly and the future of the business, you would need very little in the way of a margin of safety. So, the more vulnerable the business is, assuming you still want to invest in it, the larger margin of safety you'd need. If you're driving a truck across a bridge that says it holds 10,000 pounds and you've got a 9,800 pound vehicle, if the bridge is 6 inches above the crevice it covers, you may feel okay, but if it's over the Grand Canyon, you may feel you want a little larger margin of safety.

4 years ago

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Tags : Warren Buffett Quotes , Bridges Quotes , Safety Quotes

Over the years, a number of very smart people have learned the hard way that a long string of impressive numbers multiplied by a single zero always equals zero.

4 years ago

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Tags : Warren Buffett Quotes , Zero Quotes , Smart Quotes

We all make mistakes. If you can't make mistakes, you can't make decisions. I've made a lot bigger mistakes myself.

4 years ago

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Tags : Warren Buffett Quotes , Mistake Quotes , Decision 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.

4 years ago

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Tags : Warren Buffett Quotes , Home Quotes , Thinking Quotes

Wide diversification is only required when investors do not understand what they are doing.

4 years ago

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Tags : Warren Buffett Quotes , Success Quotes , Business Quotes