Failing conventionally is the route to go; as a group, lemmings may have a rotten image, but no individual lemming has ever received bad press.
WARREN BUFFETTIt’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.
More Warren Buffett Quotes
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No matter how great the talent or efforts, some things just take time. You can’t produce a baby in one month by getting nine women pregnant.
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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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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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I always knew I was going to be rich. I don’t think I ever doubted it for a minute.
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Remember that the stock market is a manic depressive.
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In the long run managements stressing accounting appearance over economic substance usually achieve little of either.
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Opportunities come infrequently. When it rains gold, put out the bucket, not the thimble.
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People will always try to stop you from doing the right thing if it is unconventional.
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Read 500 pages every day. That’s how knowledge works. It builds up like compound interest.
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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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I learned to go into business only with people whom I like, trust, and admire.
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If a business does well, the stock eventually follows.
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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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Time is the friend of the wonderful company, the enemy of the mediocre.
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Diversification may preserve wealth, but concentration builds wealth.
WARREN BUFFETT