Rule No. 1: Never lose money. Rule No. 2: Never forget rule No.1
WARREN BUFFETTWall Street is the only place that people drive to in a Rolls Royce to take advice from people who ride the subway.
More Warren Buffett Quotes
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We simply attempt to be fearful when others are greedy and to be greedy only when others are fearful.
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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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In looking for people to hire, you look for three qualities: integrity, intelligence, and energy.
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The more you learn, the more you’ll earn.
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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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The business schools reward difficult complex behavior more than simple behavior, but simple behavior is more effective.
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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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Diversification may preserve wealth, but concentration builds wealth.
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If you don’t find a way to make money while you sleep, you will work until you die.
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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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Our favorite holding period is forever.
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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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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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Intensity is the price of excellence.
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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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