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Warren Buffett Quote - Rule No. 1: Never lose money. Rule No. 2: Never forget rule No.1

Rule No. 1: Never lose money. Rule No. 2: Never forget rule No.1

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Business Forget Lose Money Rule

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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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When you combine ignorance and leverage, you get some pretty interesting results.
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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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If you lose money for the firm, I will be forgiving. If you lose reputation, I will be ruthless.
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Someone’s sitting in the shade today because someone planted a tree a long time ago.
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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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There seems to be some perverse human characteristic that likes to make easy things difficult.
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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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I am not a businessman, I am an artist.
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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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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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I always knew I was going to be rich. I don’t think I ever doubted it for a minute.
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When people tell me they’ve learned from experience, I tell them the trick is to learn from other people’s experience.
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Never ask a barber if you need a haircut.
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Diversification may preserve wealth, but concentration builds wealth.
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The more you learn, the more you’ll earn.
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