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Our stay-put behavior reflects our view that the stock market serves as a relocation center at which money is moved from the active to the patient.

— Warren Buffett Letters to Shareholders (1957)

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More quotes by Warren Buffett

The asset I most value, aside from health, is interesting, diverse, and long-standing friends.

I make no attempt to forecast the general market — my efforts are devoted to finding undervalued securities.

Letters to Shareholders (1957)

People will always try to stop you doing the right thing if it is unconventional.

It's simply to say that managers and investors alike must understand that accounting numbers is the beginning, not the end, of business valuation.

Letters to Shareholders (1957)

Love is the greatest advantage a parent can give.

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Men accept servility in order to acquire wealth; as if they could acquire anything of their own when they cannot even assert that they belong to themselves.

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Health is the greatest gift, contentment is the greatest wealth, a trusted friend is the best relative, Nibbana is the greatest bliss.

Gautama Buddha

Opulence is always the result of theft, if not committed by the actual possessor, then by his predecessor.

Jerome The Cry for Justice (1915)

Bourgeois society is ruled by equivalence. It makes the dissimilar comparable by reducing it to abstract quantities. To the Enlightenment, that which does not reduce to numbers, and ultimately to the one, becomes illusion.

Max Horkheimer Dialektik der Aufklärung [Dialectic of Enlightenment (1944)

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Quote text and notes from Wikiquote: Warren Buffett (page history), available under CC BY-SA 4.0. Source quality and labels are our own summary of what Wikiquote records.