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Warren Buffett, Lee Kuan Yew, Jerry Yang

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December 2007

Notable quotes

Berkshire Hathaway chairman Warren Buffett, speaking in Dalian:



“It’s easy to be carried away in the stock market when things are going very well. We never buy stocks when we see prices soaring.’’

Yahoo CEO Jerry Yang at a US congressional hearing on the firm’s role in the jailing of two Chinese dissidents:



“I want to say we are committed to doing what we can to secure their freedom. And I want to personally apologize for what they are going through.”

Singapore’s Minister Mentor Lee Kuan Yew on rising star Xi Jinping:



“He is a thoughtful man who has gone through many trials and tribulations. I would put him in the Nelson Mandela class of persons.”

US Congressman Thaddeus McCotter, on a rumored ban on bibles during the Beijing Olympics:



“As the world stumbles toward the communist propaganda extravaganza labeled the Beijing Olympics ... Chairman Mao is looking up at us and laughing.”

Yang Jiechi, China’s foreign minister, on Iran’s nuclear program:



“China believes that Iran has the right to peaceful use of nuclear energy and appreciates Iran’s reiteration that it does not have the intention to develop nuclear weapons.”


The European Confederation of Iron and Steel Industries, or Eurofer, on Chinese steelmakers:



“Chinese steel producers have no genuine cost advantage over the European producers. Their export surge is based on excessive capacity development fueled by subsidization.”


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