The stock market is designed to transfer money from the active to the patient.
WARREN BUFFETTFailing conventionally is the route to go; as a group, lemmings may have a rotten image, but no individual lemming has ever received bad press.
More Warren Buffett Quotes
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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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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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Money is not everything. Make sure you earn a lot before speaking such nonsense.
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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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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’s much easier to stay out of trouble now than to get out of trouble later.
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Successful Investing takes time, discipline and patience.
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Failing conventionally is the route to go; as a group, lemmings may have a rotten image, but no individual lemming has ever received bad press.
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If past history was all that is needed to play the game of money, the richest people would be librarians.
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Other guys read Playboy. I read annual reports.
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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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Forecasts may tell you a great deal about the forecaster; they tell you nothing about the future.
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In the world of business, the people who are most successful are those who are doing what they love.
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I do know that when I am 60, I should be attempting to achieve different personal goals than those which had priority at age 20.
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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