Rule No. 1: Never lose money. Rule No. 2: Never forget rule No.1
WARREN BUFFETTIt’s nice to have a lot of money, but you know, you don’t want to keep it around forever. I prefer buying things. Otherwise, it’s a little like saving sex for your old age.
More Warren Buffett Quotes
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Whatever you like to do, make it a hobby and whatever the world likes to do, make it a business.
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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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Failure comes from ego, greed, envy, fear, imitation. I have success not because I am smart, but because I am rational.
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The key to success is emotional stability.
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In the long run managements stressing accounting appearance over economic substance usually achieve little of either.
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I never invest in anything that I don’t understand.
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Stocks are the only thing that people are happy to buy when the price goes up.
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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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You can’t make a good deal with a bad person.
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Other guys read Playboy. I read annual reports.
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Our favorite holding period is forever.
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The most important investment you can make is in yourself.
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The most important quality for an investor is temperament, not intellect.
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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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If you cannot control your emotions, you cannot control your money.
WARREN BUFFETT







