Diversification may preserve wealth, but concentration builds wealth.
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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If past history was all that is needed to play the game of money, the richest people would be librarians.
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Forecasts may tell you a great deal about the forecaster; they tell you nothing about the future.
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Never ask a barber if you need a haircut.
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The rich invest in time, the poor invest in money.
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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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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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The most important thing to do if you find yourself in a hole is to stop digging.
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Opportunities come infrequently. When it rains gold, put out the bucket, not the thimble.
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If a business does well, the stock eventually follows.
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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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It’s good to learn from your mistakes. It’s better to learn from other people’s mistakes.
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The Happiest people do not necessarily have the best things. They simply appreciate the things they have.
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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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The difference between successful people and really successful people is that really successful people say no to almost everything.
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Other guys read Playboy. I read annual reports.
WARREN BUFFETT