Beware of geeks bearing formulas.
WARREN BUFFETTI never invest in anything that I don’t understand.
More Warren Buffett Quotes
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No matter how great the talent or efforts, some things just take time. You can’t produce a baby in one month by getting nine women pregnant.
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It’s good to learn from your mistakes. It’s better to learn from other people’s mistakes.
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Diversification may preserve wealth, but concentration builds wealth.
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Writing a check separates a commitment from a conversation.
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Risk comes from not knowing what you’re doing.
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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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The dumbest reason in the world to buy a stock is because it’s going up.
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If you cannot control your emotions, you cannot control your money.
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Stocks are the only thing that people are happy to buy when the price goes up.
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The most important quality for an investor is temperament, not intellect.
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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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An investor should act as though he had a lifetime decision card with just twenty punches on it.
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You don’t need to have extraordinary effort to achieve extraordinary results. You just need to do the ordinary, everyday things exceptionally well.
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We simply attempt to be fearful when others are greedy and to be greedy only when others are fearful.
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It’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.
WARREN BUFFETT