Buffett Quotes

• When asked how he became so successful in investing, Buffett answered: 'we read hundreds and hundreds of annual reports every year.

  Warren Buffett

  Successful, Years, Investing

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• Buffett does enjoy being a billionaire, but in offbeat ways. As he put it, though money cannot change your health or how many people love you, it lets you be in 'more interesting environments.

  Roger Lowenstein

  Love You, People, Interesting

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• Bill Gates recently picked up the ukulele. And Warren Buffett is a huge ukulele fan. I even got to strum a few chords with Francis Ford Coppola. It blows my mind that these people, who have everything in the world they could want, have picked up the ukulele and found a little bit of joy.

  Jake Shimabukuro

  Blow, Ukulele, People

  FaceBook post by Jake Shimabukuro from Oct 29, 2014

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• I think reading intelligent expressions of different points of view is a good thing, and there is a way in which being in academia in a classroom at the University probably gives you, can give you an academic view of things, and reading actual real time debates about what should we do in Syria or the Buffett rule, budget issues...gives you a kind of sense that's hard to get in a classroom.

  William Kristol

  Real, Reading, Intelligent

  Source: www.chicagomaroon.com

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• Buffett's uncommon urge to chronicle made him a unique character in American life, not only a great capitalist but the Great Explainer of American capitalism. He taught a generation how to think about business, and he showed that securities were not just tokens like the Monopoly flatiron, and that investing need not be a game of chance. It was also a logical, commonsensical enterprise, like the tangible businesses beneath. He stripped Wall Street of its mystery and rejoined it to Main Street -- a mythical or disappearing place, perhaps, but one that is comprehensible to the ordinary American.

  Roger Lowenstein

  Wall, Character, Thinking

  Roger Lowenstein (2013). “Buffett: The Making of an American Capitalist”, p.425, Random House

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• Warren Buffett pays taxes on a smaller percentage of his billions in income than his cleaning lady.

  Eric Alterman

  Income, Pay, Cleaning

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• Warren Buffett is fond of saying that any player unaware of the fool in the market probably is the fool in the market.

  Michael Lewis

  Player, Fool, Warren Buffet

  Michael Lewis (2010). “Liar's Poker”, p.42, W. W. Norton & Company

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• We both (Charlie Munger and Warren Buffett) insist on a lot of time being available almost every day to just sit and think. That is very uncommon in American business. We read and think.

  Charlie Munger

  Thinking, Warren Buffet, Uncommon

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• Nobody has a bigger cult than Warren Buffett.

  Michael Eisner

  Warren Buffet, Bigger, Cult

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• Buffett's methodology was straightforward, and in that sense 'simple.' It was not simple in the sense of being easy to execute. Valuing companies such as Coca-Cola took a wisdom forged by years of experience; even then, there was a highly subjective element. A Berkshire stockholder once complained that there were no more franchises like Coca-Cola left. Munger tartly rebuked him. 'Why should it be easy to do something that, if done well two or three times, will make your family rich for life?

  Roger Lowenstein

  Simple, Years, Two

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• Buffett’s genius was largely a genius of character—of patience, discipline, and rationality.

  Roger Lowenstein

  Character, Discipline, Genius

  Roger Lowenstein (2013). “Buffett: The Making of an American Capitalist”, p.13, Random House

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• Like my friend Warren Buffett, I feel particularly lucky to do something every day that I love to do. He calls it "tap dancing to work."

  Bill Gates

  Work, Dancing, Lucky

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• If you took every single penny that Warren Buffett has, it'd pay for 4-1/2 days of the US government. This tax-the-rich won't work. The problem here is the government is way bigger than even the capacity of the rich to sustain it. The Buffett Rule would raise $3.2 billion a year, and take 514 years just to pay off Obama's 2011 budget deficit.

  Mark Steyn

  Government, Years, Pay

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• If you look at anyone who has achieved great success and wealth, people like Warren Buffett, Oprah Winfrey, or Lance Armstrong, they have all focused intensely in order to win.

  Robert Kiyosaki

  Winning, Order, People

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• Trying to pick individual stocks is a trap. I can't do it. Warren Buffett can, but hardly anyone else can beat the indexes over a long period of time.

  Ben Stein

  Long, Trying, Warren Buffet

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• President Obama likes to talk about the Buffett Rule. Well, here's a Buffett Rule that all Americans should be able to support: mom and pop businesses should not pay a higher tax rate than Fortune 500 corporations like Warren Buffett's.

  Rob Portman

  Mom, Support, President

  "Portman Gives GOP Weekly Address: "We're Going Broke" Under Obama". www.realclearpolitics.com. July 14, 2012.

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• I give away about 50 percent of my income, so my, you know, desire to give back to the country is pretty strong and I intend to give away a lot more. I've signed the giving pledge with Warren Buffett and Bill Gates, and I intend to give away the bulk of my money.

  David Rubenstein

  Country, Strong, Giving

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• Actually, I bought one share of Warren Buffett's stock, probably 35 years ago, in order to read his letters.

  Sam Wyly

  Order, Years, Letters

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• Warren Buffett once wrote that value investing is like an inoculation--it either takes or it doesn't--and when you explain to somebody what it is and how it works and why it works and show them the returns, either they get it or they don't.

  Seth Klarman

  Investing, Return, Warren Buffet

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• I don't think Warren Buffett should be the treasurer or whatever. Warren Buffett's nuts! Just because he's a freaking billionaire doesn't mean he has common sense.

  Stephen Baldwin

  Mean, Thinking, Nuts

  "Stephen Baldwin: 'McCain can bring change'". Interview with Sarika Dani, www.today.com. October 24, 2008.

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• We could walk 3 minutes and be on the beach. I think the music kind of suffered because of it. It kind of smelled like Jimmy Buffett, which is a bad thing.

  John Mellencamp

  Beach, Thinking, Kind

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• If there are still honest-smart men and women within those old and noble traditions, they should think carefully, observe and diagnose the illness. They should face the contradiction. Discuss the conflation. And then do as Warren Buffett and Bill Gates and many others have done. Choose the miracle of creative competition over an idolatry of cash. They should stand up.

  David Brin

  Smart, Men, Thinking

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• Warren Buffett is right when he says you should invest as if the market is going to be closed for the next five years. The fundamental principles of value investing, if they make sense to you, can allow you to survive and prosper when everyone else is rudderless. We have a proven map with which to navigate. It sounds kind of crazy, but in times of turmoil in the market. I’ve felt a sort of serenity in knowing that if I’ve checked and rechecked my work, one plus one still equals two regardless of where a stock trades right after I buy it.

  Seth Klarman

  Crazy, Years, Two

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• As a parent and a citizen, I'll take a Bill Gates (or Warren Buffett) over Steve Jobs every time. If we must have billionaires, better they should ignore Jobs's example and instead embrace the morality and wisdom of the great industrialist-philanthropist Andrew Carnegie.

  Eric Alterman

  Jobs, Parent, Example

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• I've been associated with Warren ( Buffett) so long, I thought I'd be just a footnote.

  Charlie Munger

  Long, Warren Buffet, Footnotes

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