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 BUFFETTRead 500 pages every day. That’s how knowledge works. It builds up like compound interest.
More Warren Buffett Quotes
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Time is the friend of the wonderful company, the enemy of the mediocre.
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The more you learn, the more you’ll earn.
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I learned to go into business only with people whom I like, trust, and admire.
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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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Writing a check separates a commitment from a conversation.
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I will tell you the secret to getting rich on Wall Street. You try to be greedy when others are fearful. And you try to be fearful when others are greedy.
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I am not a businessman, I am an artist.
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In looking for people to hire, you look for three qualities: integrity, intelligence, and energy.
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Never depend on single income. Make investment to create a second source.
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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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Failure comes from ego, greed, envy, fear, imitation. I have success not because I am smart, but because I am rational.
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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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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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Ignore the stock market, ignore the economy, and buy a business you understand.
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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 BUFFETT