"Americans are in a cycle of fear which leads to people not wanting to spend and not wanting to make investments, and that leads to more fear. We'll break out of it. It takes time."

Inspirational, Time, People, Fear, Americans

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"Americans are in a cycle of fear which leads to people not wanting to spend and not wanting to make investments, and that leads to more fear. We'll break out of it. It takes time."

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Explore more quotes by Warren Buffett

"It's far better to buy a wonderful company at a fair price than a fair company at a wonderful price."

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"A public-opinion poll is no substitute for thought."

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"The first rule is not to lose. The second rule is not to forget the first rule."

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"Should you find yourself in a chronically leaking boat, energy devoted to changing vessels is likely to be more productive than energy devoted to patching leaks."

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"It's never paid to bet against America. We come through things, but its not always a smooth ride."

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"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."

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"We're still in a recession. We're not gonna be out of it for a while, but we will get out."

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"If past history was all there was to the game, the richest people would be librarians."

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"When a management with a reputation for brilliance tackles a business with a reputation for bad economics, it is the reputation of the business that remains intact."

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"We've used up a lot of bullets. And we talk about stimulus. But the truth is, we're running a federal deficit that's 9 percent of GDP. That is stimulative as all get out. It's more stimulative than any policy we've followed since World War II."

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