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Warren Buffett Quote - The most important thing to do if you find yourself in a hole is to stop digging.

The most important thing to do if you find yourself in a hole is to stop digging.

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Healing Hole Important Problem Trouble Yourself

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In the business world, the rearview mirror is always clearer than the windshield.
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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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Writing a check separates a commitment from a conversation.
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Whatever you like to do, make it a hobby and whatever the world likes to do, make it a business.
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There seems to be some perverse human characteristic that likes to make easy things difficult.
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It’s only when the tide goes out that you discover who’s been swimming naked.
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Read 500 pages every day. That’s how knowledge works. It builds up like compound interest.
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The secret to happiness is having low expectations.
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It’s far better to buy a wonderful company at a fair price, than a fair company at a wonderful price.
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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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If you buy things you do not need, soon you will have to sell things you need.
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I learned to go into business only with people whom I like, trust, and admire.
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Diversification is protection against ignorance. It makes little sense if you know what you are doing.
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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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In the long run managements stressing accounting appearance over economic substance usually achieve little of either.
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People will always try to stop you from doing the right thing if it is unconventional.
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