Diversification may preserve wealth, but concentration builds wealth.
WARREN BUFFETTIt’s far better to buy a wonderful company at a fair price, than a fair company at a wonderful price.
More Warren Buffett Quotes
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Never test the depth of river with both the feet.
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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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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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Stocks are the only thing that people are happy to buy when the price goes up.
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Beware of geeks bearing formulas.
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Of the billionaires I have known, money just brings out the basic traits in them. If they were jerks before they had money, they are simply jerks with a billion dollars.
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Read 500 pages every day. That’s how knowledge works. It builds up like compound interest.
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The secret to happiness is having low expectations.
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If you buy things you do not need, soon you will have to sell things you need.
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Remember that the stock market is a manic depressive.
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There’s class warfare, all right, but it’s my class, the rich class, that’s making war, and we’re winning.
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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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It takes 20 years to build a reputation and five minuted to ruin it. If you think about that you’ll do things differently.
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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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Writing a check separates a commitment from a conversation.
WARREN BUFFETT







