In the long run managements stressing accounting appearance over economic substance usually achieve little of either.
WARREN BUFFETTThe difference between successful people and really successful people is that really successful people say no to almost everything.
More Warren Buffett Quotes
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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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The Happiest people do not necessarily have the best things. They simply appreciate the things they have.
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Money is not everything. Make sure you earn a lot before speaking such nonsense.
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In the business world, the rearview mirror is always clearer than the windshield.
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Beware of geeks bearing formulas.
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If past history was all that is needed to play the game of money, the richest people would be librarians.
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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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When you combine ignorance and leverage, you get some pretty interesting results.
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If you lose money for the firm, I will be forgiving. If you lose reputation, I will be ruthless.
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An investor should act as though he had a lifetime decision card with just twenty punches on it.
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Opportunities come infrequently. When it rains gold, put out the bucket, not the thimble.
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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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The more you learn, the more you’ll earn.
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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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Never be afraid to ask for too much when selling or offer too little when buying.
WARREN BUFFETT