An investor should act as though he had a lifetime decision card with just twenty punches on it.
WARREN BUFFETTThe dumbest reason in the world to buy a stock is because it’s going up.
More Warren Buffett Quotes
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Read 500 pages every day. That’s how knowledge works. It builds up like compound interest.
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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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Do not save what is left after spending; instead spend what is left after saving.
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Never test the depth of river with both the feet.
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Opportunities come infrequently. When it rains gold, put out the bucket, not the thimble.
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The rich invest in time, the poor invest in money.
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In the long run managements stressing accounting appearance over economic substance usually achieve little of either.
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We don’t get paid for being busy, we get paid for being right.
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There’s class warfare, all right, but it’s my class, the rich class, that’s making war, and we’re winning.
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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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We simply attempt to be fearful when others are greedy and to be greedy only when others are fearful.
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Tell me who your heroes are and I’ll tell you how you’ll turn out to be.
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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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Diversification is protection against ignorance. It makes little sense if you know what you are doing.
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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.
WARREN BUFFETT







