Rule No. 1: Never lose money. Rule No. 2: Never forget rule No.1
WARREN BUFFETTRemember that the stock market is a manic depressive.
More Warren Buffett Quotes
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I am not a businessman, I am an artist.
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Remember that the stock market is a manic depressive.
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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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You can’t make a good deal with a bad person.
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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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Successful Investing takes time, discipline and patience.
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Honesty is a very expensive gift, Don’t expect it from cheap people.
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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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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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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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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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It’s far better to buy a wonderful company at a fair price, than a fair company at a wonderful price.
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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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Trust is like the air we breathe. When it’s present, nobody really notices; when it’s absent, everybody notices.
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Diversification is protection against ignorance. It makes little sense if you know what you are doing.
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