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Warren Buffett Quote - In the long run managements stressing accounting appearance over economic substance usually achieve little of either.

In the long run managements stressing accounting appearance over economic substance usually achieve little of either.

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Account Achievement Appearance Economics Management Stress Substance

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If you aren’t thinking about owning a stock for 10 years, don’t even think about owning it for 10 minutes.
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Tell me who your heroes are and I’ll tell you how you’ll turn out to be.
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Why not invest your assets in the companies you really like? As Mae West said, ‘Too much of a good thing can be wonderful.
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Never depend on single income. Make investment to create a second source.
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Trust is like the air we breathe. When it’s present, nobody really notices; when it’s absent, everybody notices.
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Never be afraid to ask for too much when selling or offer too little when buying.
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Outstanding long-term results are produced primarily by avoiding dumb decisions, rather than by making brilliant ones.
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Calling someone who trades actively in the market an investor is like calling someone who repeatedly engages in one-night stands a romantic.
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The greatest investment a young person can make is in their own education, in their own mind. Because money comes and goes. Relationships come and go. But what you learn once stays with you forever.
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A public-opinion poll is no substitute for thought.
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