When you combine ignorance and leverage, you get some pretty interesting results.
WARREN BUFFETTTime is the friend of the wonderful company, the enemy of the mediocre.
More Warren Buffett Quotes
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Diversification may preserve wealth, but concentration builds wealth.
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Never test the depth of river with both the feet.
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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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Outstanding long-term results are produced primarily by avoiding dumb decisions, rather than by making brilliant ones.
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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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In looking for people to hire, you look for three qualities: integrity, intelligence, and energy.
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We don’t get paid for being busy, we get paid for being right.
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If you buy things you do not need, soon you will have to sell things you need.
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Trust is like the air we breathe. When it’s present, nobody really notices; when it’s absent, everybody notices.
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Price is what you pay. Value is what you get.
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The difference between successful people and really successful people is that really successful people say no to almost everything.
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Diversification is protection against ignorance. It makes little sense if you know what you are doing.
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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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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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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.
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