Diversification may preserve wealth, but concentration builds wealth.
WARREN BUFFETTIf a business does well, the stock eventually follows.
More Warren Buffett Quotes
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What the wise do in the beginning, fools do in the end.
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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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Of the billionaires I have known, money just brings out the basic traits in them. If they were jerks before they had money, they are simply jerks with a billion dollars.
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You don’t need to have extraordinary effort to achieve extraordinary results. You just need to do the ordinary, everyday things exceptionally well.
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Learning how to live is much more important than learning how to make a living.
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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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Our favorite holding period is forever.
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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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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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We simply attempt to be fearful when others are greedy and to be greedy only when others are fearful.
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You only have to do a very few things right in your life so long as you don’t do too many things wrong.
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In the business world, the rearview mirror is always clearer than the windshield.
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Opportunities come infrequently. When it rains gold, put out the bucket, not the thimble.
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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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It’s good to learn from your mistakes. It’s better to learn from other people’s mistakes.
WARREN BUFFETT