An investor should act as though he had a lifetime decision card with just twenty punches on it.
WARREN BUFFETTIt takes 20 years to build a reputation and five minuted to ruin it. If you think about that you’ll do things differently.
More Warren Buffett Quotes
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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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It’s good to learn from your mistakes. It’s better to learn from other people’s mistakes.
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Do not save what is left after spending; instead spend what is left after saving.
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We don’t have to be smarter than the rest. We have to be more disciplined than the rest.
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People will always try to stop you from doing the right thing if it is unconventional.
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It’s much easier to stay out of trouble now than to get out of trouble later.
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Games are won by players who focus on the playing field, not by those whose eyes are glued to the scoreboard.
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Price is what you pay. Value is what you get.
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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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Diversification is protection against ignorance. It makes little sense if you know what you are doing.
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The most important quality for an investor is temperament, not intellect.
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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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Learning how to live is much more important than learning how to make a living.
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There seems to be some perverse human characteristic that likes to make easy things difficult.
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The more you learn, the more you’ll earn.
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