What the wise do in the beginning, fools do in the end.
WARREN BUFFETTIn the long run managements stressing accounting appearance over economic substance usually achieve little of either.
More Warren Buffett Quotes
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It’s better to hang out with people better than you. Pick out associates whose behavior is better than yours and you’ll drift in that direction.
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The most important thing to do if you find yourself in a hole is to stop digging.
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Buy a stock the way you would buy a house. Understand and like it such that you’d be content to own it in the absence of any market.
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If you’re in the luckiest one percent of humanity, you owe it to the rest of humanity to think about the other 99 percent.
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The Happiest people do not necessarily have the best things. They simply appreciate the things they have.
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An investor should act as though he had a lifetime decision card with just twenty punches on it.
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Failing conventionally is the route to go; as a group, lemmings may have a rotten image, but no individual lemming has ever received bad press.
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Rule No. 1: Never lose money. Rule No. 2: Never forget rule No.1
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Time is the friend of the wonderful company, the enemy of the mediocre.
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If you lose money for the firm, I will be forgiving. If you lose reputation, I will be ruthless.
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The most important investment you can make is in yourself.
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A public-opinion poll is no substitute for thought.
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Games are won by players who focus on the playing field, not by those whose eyes are glued to the scoreboard.
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People always ask me where they should go to work, and I always tell them to go to work for whom they admire the most.
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The secret to happiness is having low expectations.
WARREN BUFFETT