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.
WARREN BUFFETTBuy 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.
More Warren Buffett Quotes
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I will tell you how to become rich. Close the doors. Be fearful when others are greedy. Be greedy when others are fearful.
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Opportunities come infrequently. When it rains gold, put out the bucket, not the thimble.
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Someone’s sitting in the shade today because someone planted a tree a long time ago.
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If a business does well, the stock eventually follows.
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Games are won by players who focus on the playing field, not by those whose eyes are glued to the scoreboard.
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Do not save what is left after spending; instead spend what is left after saving.
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Life is like a snowball. The important thing is finding wet snow and a really long hill.
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Why not invest your assets in the companies you really like? As Mae West said, ‘Too much of a good thing can be wonderful.
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Wall Street is the only place that people drive to in a Rolls Royce to take advice from people who ride the subway.
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Intensity is the price of excellence.
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Our favorite holding period is forever.
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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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The key to success is emotional stability.
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The business schools reward difficult complex behavior more than simple behavior, but simple behavior is more effective.
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Other guys read Playboy. I read annual reports.
WARREN BUFFETT