In the business world, the rearview mirror is always clearer than the windshield.
WARREN BUFFETTIf you’re in the luckiest one percent of humanity, you owe it to the rest of humanity to think about the other 99 percent.
More Warren Buffett Quotes
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Our favorite holding period is forever.
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Calling someone who trades actively in the market an investor is like calling someone who repeatedly engages in one-night stands a romantic.
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Read 500 pages every day. That’s how knowledge works. It builds up like compound interest.
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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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If you aren’t thinking about owning a stock for 10 years, don’t even think about owning it for 10 minutes.
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Rule No. 1: Never lose money. Rule No. 2: Never forget rule No.1
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There seems to be some perverse human characteristic that likes to make easy things difficult.
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Failure comes from ego, greed, envy, fear, imitation. I have success not because I am smart, but because I am rational.
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We don’t get paid for being busy, we get paid for being right.
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When you combine ignorance and leverage, you get some pretty interesting results.
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Diversification is protection against ignorance. It makes little sense if you know what you are doing.
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I never invest in anything that I don’t understand.
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Wall Street is the only place that people drive to in a Rolls Royce to take advice from people who ride the subway.
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Honesty is a very expensive gift, Don’t expect it from cheap people.
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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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