Successful Investing takes time, discipline and patience.
WARREN BUFFETTLearning how to live is much more important than learning how to make a living.
More Warren Buffett Quotes
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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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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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I try to invest in businesses that are so wonderful that an idiot can run them. Because sooner or later, one will.
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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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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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I never invest in anything that I don’t understand.
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Learning how to live is much more important than learning how to make a living.
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In the business world, the rearview mirror is always clearer than the windshield.
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When you combine ignorance and leverage, you get some pretty interesting results.
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If a business does well, the stock eventually follows.
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It’s only when the tide goes out that you discover who’s been swimming naked.
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Only buy something that you’d be perfectly happy to hold if the market shut down for 10 years.
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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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Forecasts may tell you a great deal about the forecaster; they tell you nothing about the future.
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The key to success is emotional stability.
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