The most important thing to do if you find yourself in a hole is to stop digging.
WARREN BUFFETTIf you aren’t thinking about owning a stock for 10 years, don’t even think about owning it for 10 minutes.
More Warren Buffett Quotes
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I try to invest in businesses that are so wonderful that an idiot can run them. Because sooner or later, one will.
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Tell me who your heroes are and I’ll tell you how you’ll turn out to be.
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If a business does well, the stock eventually follows.
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Risk comes from not knowing what you’re doing.
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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 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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Other guys read Playboy. I read annual reports.
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The more you learn, the more you’ll earn.
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The key to success is emotional stability.
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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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Opportunities come infrequently. When it rains gold, put out the bucket, not the thimble.
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There seems to be some perverse human characteristic that likes to make easy things difficult.
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If you’re in the luckiest one percent of humanity, you owe it to the rest of humanity to think about the other 99 percent.
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When you combine ignorance and leverage, you get some pretty interesting results.
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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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