In the long run managements stressing accounting appearance over economic substance usually achieve little of either.
WARREN BUFFETTThe greatest investment a young person can make is in their own education, in their own mind. Because money comes and goes. Relationships come and go. But what you learn once stays with you forever.
More Warren Buffett Quotes
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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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Remember that the stock market is a manic depressive.
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Money is not everything. Make sure you earn a lot before speaking such nonsense.
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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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The key to success is emotional stability.
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We simply attempt to be fearful when others are greedy and to be greedy only when others are fearful.
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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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People will always try to stop you from doing the right thing if it is unconventional.
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If you cannot control your emotions, you cannot control your money.
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Diversification may preserve wealth, but concentration builds wealth.
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I learned to go into business only with people whom I like, trust, and admire.
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The more you learn, the more you’ll earn.
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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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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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An investor should act as though he had a lifetime decision card with just twenty punches on it.
WARREN BUFFETT