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Warren Buffett Quote - What the wise do in the beginning, fools do in the end.

What the wise do in the beginning, fools do in the end.

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Beginning Business Ending Wise

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If you lose money for the firm, I will be forgiving. If you lose reputation, I will be ruthless.
WARREN BUFFETT

Business Cruel Forgiveness Lose Money Reputation
Diversification is protection against ignorance. It makes little sense if you know what you are doing.
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Against Business Diverse Ignorance Protection Sense
An investor should act as though he had a lifetime decision card with just twenty punches on it.
WARREN BUFFETT

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Successful Investing takes time, discipline and patience.
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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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Advice Car Drive People Place Ride Street
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.
WARREN BUFFETT

Absence Buy Content House Market Stock Market Understand
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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Tell me who your heroes are and I’ll tell you how you’ll turn out to be.
WARREN BUFFETT

Future Hero Role Model Success
Someone’s sitting in the shade today because someone planted a tree a long time ago.
WARREN BUFFETT

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The rich invest in time, the poor invest in money.
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Business Investment Money Poor Rich
In the long run managements stressing accounting appearance over economic substance usually achieve little of either.
WARREN BUFFETT

Account Achievement Appearance Economics Management Stress Substance
It’s good to learn from your mistakes. It’s better to learn from other people’s mistakes.
WARREN BUFFETT

Business Goodness Inspirational Learning Mistake People
People will always try to stop you from doing the right thing if it is unconventional.
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Human Nature People Right Stop Try
An investor should act as though he had a lifetime decision card with just twenty punches on it.
WARREN BUFFETT

Business Decision Investment Lifetime
It’s better to hang out with people better than you. Pick out associates whose behavior is better than yours and you’ll drift in that direction.
WARREN BUFFETT

Association Behaviour Direction Hang People Yourself
Do not save what is left after spending; instead spend what is left after saving.
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Business Investment Save Spend

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