When people tell me they’ve learned from experience, I tell them the trick is to learn from other people’s experience.
WARREN BUFFETTFailing conventionally is the route to go; as a group, lemmings may have a rotten image, but no individual lemming has ever received bad press.
More Warren Buffett Quotes
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The rich invest in time, the poor invest in money.
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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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The difference between successful people and really successful people is that really successful people say no to almost everything.
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It’s only when the tide goes out that you discover who’s been swimming naked.
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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.
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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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Chains of habit are too light to be felt until they are too heavy to be broken.
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Price is what you pay. Value is what you get.
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There seems to be some perverse human characteristic that likes to make easy things difficult.
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People will always try to stop you from doing the right thing if it is unconventional.
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Diversification is protection against ignorance. It makes little sense if you know what you are doing.
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Diversification may preserve wealth, but concentration builds wealth.
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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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Never be afraid to ask for too much when selling or offer too little when buying.
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The most important quality for an investor is temperament, not intellect.
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