Stocks are the only thing that people are happy to buy when the price goes up.
WARREN BUFFETTRisk comes from not knowing what you’re doing.
More Warren Buffett Quotes
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You can’t make a good deal with a bad person.
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No matter how great the talent or efforts, some things just take time. You can’t produce a baby in one month by getting nine women pregnant.
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Read 500 pages every day. That’s how knowledge works. It builds up like compound interest.
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I try to invest in businesses that are so wonderful that an idiot can run them. Because sooner or later, one will.
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It takes 20 years to build a reputation and five minuted to ruin it. If you think about that you’ll do things differently.
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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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Do not save what is left after spending; instead spend what is left after saving.
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Opportunities come infrequently. When it rains gold, put out the bucket, not the thimble.
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There seems to be some perverse human characteristic that likes to make easy things difficult.
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Remember that the stock market is a manic depressive.
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I learned to go into business only with people whom I like, trust, and admire.
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Outstanding long-term results are produced primarily by avoiding dumb decisions, rather than by making brilliant ones.
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Successful Investing takes time, discipline and patience.
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We don’t get paid for being busy, we get paid for being right.
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I do know that when I am 60, I should be attempting to achieve different personal goals than those which had priority at age 20.
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