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Warren Buffett Quote - In the long run managements stressing accounting appearance over economic substance usually achieve little of either.

In the long run managements stressing accounting appearance over economic substance usually achieve little of either.

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Account Achievement Appearance Economics Management Stress Substance

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Successful Investing takes time, discipline and patience.
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Business Discipline Investment Patience Success Time
If past history was all that is needed to play the game of money, the richest people would be librarians.
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In the business world, the rearview mirror is always clearer than the windshield.
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Do not save what is left after spending; instead spend what is left after saving.
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There seems to be some perverse human characteristic that likes to make easy things difficult.
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Rule No. 1: Never lose money. Rule No. 2: Never forget rule No.1
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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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Outstanding long-term results are produced primarily by avoiding dumb decisions, rather than by making brilliant ones.
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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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Time is the friend of the wonderful company, the enemy of the mediocre.
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It’s better to hang out with people better than you. Pick out associates whose behavior is better than yours and you’ll drift in that direction.
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We don’t get paid for being busy, we get paid for being right.
WARREN BUFFETT

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Never be afraid to ask for too much when selling or offer too little when buying.
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Ignore the stock market, ignore the economy, and buy a business you understand.
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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 key to success is emotional stability.
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